Federal Disaster Insurance: Hearings Before the United States Senate Committee on Banking and Currency, Eighty-Fourth Congress, First Session, [second Session].U.S. Government Printing Office, 1956 - Disaster insurance |
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Page 905
... the full benefit of the administration's legislative formulations , I , for in- stance , was slowed up in the redrafting of my own bill which I com- pleted and introduced on February 6 . 906 Now these two bills , as well as all 905.
... the full benefit of the administration's legislative formulations , I , for in- stance , was slowed up in the redrafting of my own bill which I com- pleted and introduced on February 6 . 906 Now these two bills , as well as all 905.
Page 906
... bill on this subject . The bills before us now are : The administration bill , introduced by Senator Bush , S. 2862 , and an amendment to that bill in the nature of a substitute ; a bill S. 3137 , introduced by me along with 10 ...
... bill on this subject . The bills before us now are : The administration bill , introduced by Senator Bush , S. 2862 , and an amendment to that bill in the nature of a substitute ; a bill S. 3137 , introduced by me along with 10 ...
Page 933
... bill in defining " United States " and " State " omit United States possessions . These could be included by ... bill . The bill gives the State no voice in the program , but only the obligation of paying for part of it . Taxation ...
... bill in defining " United States " and " State " omit United States possessions . These could be included by ... bill . The bill gives the State no voice in the program , but only the obligation of paying for part of it . Taxation ...
Page 934
... bill the State involved retains a veto power over every potential indemnity contract ; yet the contract is designed to afford protection to the insured , not to the State . Under the bill , each contract involves a forced subsidy on the ...
... bill the State involved retains a veto power over every potential indemnity contract ; yet the contract is designed to afford protection to the insured , not to the State . Under the bill , each contract involves a forced subsidy on the ...
Page 935
... bill's policy of only 1 contract per " person , " as defined in the bill , this allows about 1 contract for every 150 potential family , corporate or Government pur- chasers . Obviously not all these will want to buy flood insurance ...
... bill's policy of only 1 contract per " person , " as defined in the bill , this allows about 1 contract for every 150 potential family , corporate or Government pur- chasers . Obviously not all these will want to buy flood insurance ...
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Common terms and phrases
actuarial rate administrative expenses agencies American Insurance Association amount ance areas authorizes the Administrator basis believe bill Chairman Civil Defense claims Commissioner committee Congress Connecticut Corporation cost cover coverage deductible determine Disaster Insurance Fund earthquake earthquake insurance England extent Federal Flood Indemnity Federal Government fees Fire Insurance flood control flood damage flood insurance flood losses flood risks HERD Home Finance hurricane Hurricane Connie indemnity and reinsurance indemnity contracts indemnity program insurance against flood insurance or reinsurance insurance program issued KELLY legislation limit MEISTRELL ment million natural disasters necessary obligations operating participation payment percent perils personal property premium private companies private insurance companies problem property insurance property owners protection purpose question real property Reinsurance Fund relief require result RILEY River Senator BUSH Senator LEHMAN Senator ROBERTSON statement storm storm tides subsidy surance tion Treasury United