Reactivation of War Damage Insurance: Hearings Before ... , 81-2 on H.R. 913-, 9312, 9340 ... , December 7 and 8, 1950 |
From inside the book
Results 1-5 of 22
Page 13
... liability under all policies ceased by the spring of 1947 . The aggregate contingent liabilities assumed by War Damage Corporation under policies of insurance at the peak of the programs amounted to about $ 140,000,000,000 , including ...
... liability under all policies ceased by the spring of 1947 . The aggregate contingent liabilities assumed by War Damage Corporation under policies of insurance at the peak of the programs amounted to about $ 140,000,000,000 , including ...
Page 15
... liability of one billion ? Mr. DOUGHERTY . I am not an expert in the insurance field and I think Mr. Herd , who is here , could answer the question better so far as the ratio between outstanding policies , outstanding aggregate liability ...
... liability of one billion ? Mr. DOUGHERTY . I am not an expert in the insurance field and I think Mr. Herd , who is here , could answer the question better so far as the ratio between outstanding policies , outstanding aggregate liability ...
Page 19
... liability , regardless of what the premium would be named in connec- tion with it , and that we had elected as a going business concern , speaking of the business , as such , not to occupy that field and if it becomes a field which ...
... liability , regardless of what the premium would be named in connec- tion with it , and that we had elected as a going business concern , speaking of the business , as such , not to occupy that field and if it becomes a field which ...
Page 20
... liability to be imposed by law on employers in that respect . The CHAIRMAN . I think the committee considered at length the question of the varying premiums with reference to the liability of loss and they decided that all the people ...
... liability to be imposed by law on employers in that respect . The CHAIRMAN . I think the committee considered at length the question of the varying premiums with reference to the liability of loss and they decided that all the people ...
Page 21
... liabilities under these policies . Mr. NICHOLSON . And if they could not meet them , then no one is responsible ? Mr ... liability without having a chance to take a look at it to see whether that money might be made available under a ...
... liabilities under these policies . Mr. NICHOLSON . And if they could not meet them , then no one is responsible ? Mr ... liability without having a chance to take a look at it to see whether that money might be made available under a ...
Common terms and phrases
agency agents amend American amount approval Association bill bomb BRENT SPENCE casualty companies Casualty Insurance CHAIRMAN COLE committee Congress Corporation is authorized coverage damage insurance damage to property deemed dollars DOUGHERTY employees enacted enemy attack including fire funds so supplied HERD Hiroshima hypothecate imposed including any action Indemnity Insurance Brokers Insurance Co insurance companies insurance industry judicially noticed legislation liability marine MCKINNON MULTER Nagasaki necessary or appropriate objects and purposes Pearl Harbor personal property persons or parties policies POMEROY powers and duties premium President property in transit property insurance protection against loss purposes set question reactivate real and personal real property reasonable protection Reconstruction Finance Corporation reinsurance resisting enemy attack result from enemy risk of loss square miles statement taxation taxes Territories tion Underwriters United War Damage Corporation war-damage insurance WERTZ WOLCOTT workmen's compensation insurance World War II York
Popular passages
Page 3 - ... 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, except that any real property of the Corporation shall be subject to State, Territorial, county, municipal or local taxation to the same extent according to its value as other real property is taxed.
Page 11 - 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 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 6 - Act, the corporation has the power — (1) to sue and be sued, complain and defend, in its corporate name and through its own counsel, in any court, State or Federal; (2) to adopt, alter, and use a corporate seal, which...
Page 12 - Corporation to use its funds to provide, through insurance, reinsurance, or otherwise, reasonable protection against loss of or damage to property, real and personal, which may result from enemy attack (including any action taken by the military, naval, or air forces of the United States in resisting enemy attack...
Page 3 - The Administration is authorized to obtain money from the Treasury of the United States, for use in the performance of the powers and duties granted to or imposed upon it by law, not to exceed a total of $50,000,000 outstanding at any one time.
Page 11 - Corporation shall from time to time establish uniform rates for each type of property with respect to which such protection is made available...
Page 15 - Contractor ; smoke ; sprinkler leakage ; earthquake or volcanic eruption ; flood, meaning thereby rising of a body of water ; hostile or war-like action, including action in hindering, combating, or defending against an actual, impending or expected attack by any government or sovereign power (de jure or de facto) , or by any authority using military, naval, or air forces, or by an agent of any such government...
Page 57 - Secretary shall also contribute to the employees' compensation fund, on the basis of annual billings as determined by the Secretary of Labor for the benefit payments made from such fund on account of the employees engaged in carrying out the provisions of this title.
Page 57 - The Corporation shall contribute to the civil-service retirement and disability fund, on the basis of annual billings as determined by the Civil Service Commission, for the Government's share of the cost of the civil-service retirement system applicable to the Corporation's employees and their beneficiaries. The...