The Insurance Industry: Hearings Before the Subcommittee on Antitrust and Monopoly of the Committee on the Judiciary, Parts 8-9 |
Common terms and phrases
Aetna aggrieved agreement allied lines Allstate Allstate Insurance Co amended American Institute Antitrust application approved average bill bureau rates cargo Casualty chairman clause commission competition Congress council Court Deer Lodge County delegates dwelling effect expense experience extended coverage filer Fire & Marine Fire Insurance Rating Fire Underwriters grading Harold Jackson Hartford hearing homeowners hull insurances increase independent filings Institute of Marine insurance business Insurance Commissioners insurance companies insurance department interest joint hull committee June Kihlbom licensed London Underwriters Marine Insurance Marine Underwriters matter meeting member associations members and subscribers Mutual Insurance National Association National Board North America Number NYFIRO percent Philadelphia Phoenix of London premiums written president profit proposed rate filings Rate Regulatory Rating Bureau rating law rating organization regulation reinsurance represented requested risks Saltsjobaden schedule Secretary Section Sherman Act statistics statute syndicate tion vessels Virginia York
Popular passages
Page 4994 - Due consideration shall be given to past and prospective loss experience within and outside this state, to catastrophe hazards, if any, to a reasonable margin for underwriting profit and contingencies, to dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers, to past and prospective expenses both countrywide and those specially applicable to this state, and to all other relevant factors within and outside this state...
Page 4378 - Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is hereby declared to be illegal. Every person who shall make any such contract or engage in any such combination or conspiracy shall be deemed guilty of a misdemeanor...
Page 4556 - ... upon whom notices or orders of the commissioner or process affecting such rating organization may be served.
Page 4385 - The government of the Union must be empowered to pass all laws and to make all regulations which have relation to them. The same must be the case in respect to commerce and to every other matter to which its jurisdiction is permitted to extend.
Page 4382 - These contracts are not articles of commerce In any proper meaning of the word. They are not subjects of trade and barter offered In the market as something having an existence and value Independent of the parties to them.
Page 4568 - Act, as amended, shall be applicable to the business of insurance to the extent that such business is not regulated by State law.
Page 5049 - And in case of any loss or misfortune, it shall be lawful to the assured, their factors, servants and assigns, to sue, labour and travel for, in and about the defence, safeguard and recovery of the said goods and merchandises, and ship, &c., or any part thereof, without prejudice to this Insurance...
Page 4987 - No insurer which makes its own filings nor any rating organization shall support its filings by statistics or adopt rate making recommendations, furnished to it by an advisory organization which has not complied with this Section or with an order of the commissioner involving such statistics or recommendations issued under Subsection 3 of this Section.
Page 4981 - Act, he shall send to the insurer or rating organization which made such filing written notice of disapproval of such filing specifying therein in what respects he finds that such filing...
Page 4537 - An insurer may satisfy its obligation to make such filings by becoming a member of, or a subscriber to, a licensed rating organization which makes such filings, and by authorizing the Commissioner to accept such filings on its behalf; provided, that nothing contained in this Act shall be construed as requiring any insurer to become a member of or a subscriber to any rating organization.