War Damage Corporation Act of 1951, Hearings Before a Subcommittee of ..., 82-1 on S. 114, S. 439, S. 1309, and S. 1848 ...,April 18, 19, 24, 25, and July 11, 1951, Volumes 22-23 |
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... result from a major bombing attack, and without the protection of Government reinsurance the companies carrying workmen's compensation insurance might be rendered bankrupt. In many, perhaps most cases, the resources of these companies ...
... result from a major bombing attack, and without the protection of Government reinsurance the companies carrying workmen's compensation insurance might be rendered bankrupt. In many, perhaps most cases, the resources of these companies ...
Page 6
... result from hostile or warlike action , including action in hindering , combating , or defending against any actual , impending , or expected attack , ( 1 ) by any government or sovereign power ( de jure or de facto ) , or by any ...
... result from hostile or warlike action , including action in hindering , combating , or defending against any actual , impending , or expected attack , ( 1 ) by any government or sovereign power ( de jure or de facto ) , or by any ...
Page 9
... result to be achieved . I might add that we come to you as building owners and managers , and not as insurance ... resulting from enemy action or resistance thereto , should be made available as quickly as possible to all citizens of the ...
... result to be achieved . I might add that we come to you as building owners and managers , and not as insurance ... resulting from enemy action or resistance thereto , should be made available as quickly as possible to all citizens of the ...
Page 10
... result in a profit , as happened under similar though hardly comparable circumstances during World War II , this would be prima . facie evidence that the charge to the insured had in fact been excessive , and it would be only proper and ...
... result in a profit , as happened under similar though hardly comparable circumstances during World War II , this would be prima . facie evidence that the charge to the insured had in fact been excessive , and it would be only proper and ...
Page 11
... result is that any other plan that has been advocated would be difficult to enforce . The practical reason for favoring a compulsory form of insurance is that , with broad coverage and assumption of cost , the initial expense can be ...
... result is that any other plan that has been advocated would be difficult to enforce . The practical reason for favoring a compulsory form of insurance is that , with broad coverage and assumption of cost , the initial expense can be ...
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Common terms and phrases
Administrator agency Allen Frear amended amount areas Article authorized Banking and Currency basis benefits bill billion bombing buildings Casualty Chairman civil defense volunteers civilian claims clause coinsurance Colonel DUNKLEY Commission committee Congress CORREA cost coverage covered Damage Corporation employers enactment enemy attack facilities Federal Government Fiduciary Agent funds HERD hostile or warlike indemnity industrial injury or death insurance companies interest legislation liability loss MARRYOTT MAYBANK ment Miss DONLON Mutual Fire Insurance necessary obligations operations paid payments percent personal property Philippine premium President private insurance problem protection pursuant question real property Reconstruction Finance Corporation reimbursement reinsurance respect result risk self-insurers Senator DIRKSEN Senator FREAR Senator SCHOEPPEL STAATS statement subcommittee tion United United States Senate War Claims Commission War Damage Corporation war-damage insurance war-risk WILKINSON workers workmen's compensation workmen's compensation laws World War II York
Popular passages
Page 11 - To determine the character of and the necessity for its obligations and expenditures and the manner in which they shall be incurred, allowed, and paid, subject to the laws applicable specifically to Government corporations.
Page 23 - States in collecting debts from bankrupt, insolvent, or decedents' estates; to determine the character of and the necessity for its obligations and expenditures, and the manner in which they shall be incurred, allowed, and paid...
Page 248 - ... to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended...
Page 251 - Stat. 443), shall apply with respect to any individual who specifically claims such privilege. (c) No department, agency, or official exercising any functions under this act shall publish or disclose information obtained hereunder which is deemed confidential or with reference to which a request for confidential treatment is made by the person furnishing such information unless the head of such department or agency determines that the withholding thereof is contrary to the national interest.
Page 216 - ... the district court of the United States for any district in which such person is found or resides or...
Page 216 - ... no person shall be prosecuted or subjected to any penalty or forfeiture for or on account of any transaction, matter or thing concerning which he may so testify or produce evidence, documentary or otherwise, and no testimony so given or produced shall be received against him upon any criminal investigation or proceeding.
Page 248 - Each such obligation shall bear interest at a rate determined by the Secretary of the Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the issuance of the obligation of the corporation.
Page 251 - Board, on the ground that the testimony or evidence required of him may tend to incriminate him or subject him to a penalty or forfeiture; but no individual shall be prosecuted or subjected to any penalty or forfeiture for or on account of any transaction, matter, or thing concerning which he is compelled, after having claimed his privilege against self-incrimination, to testify or produce evidence, except that such individual so testifying shall not be exempt from prosecution and punishment for...
Page 7 - The Corporation, including its franchise, its capital, reserves, and surplus, and its income shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority...
Page 215 - SEC. 703. (a) Except as otherwise specifically provided, the President may delegate any power or authority conferred upon him by this Act to any officer or agency of the Government, including any new agency or agencies (and the President is hereby authorized to create such new agencies, other than corporate agencies, as he deems necessary), and he may authorize such redelegations by that officer or agency as the President may deem appropriate.