Fire Insurance Laws, Taxes and FeesSpectator Company, 1915 - Fire insurance Containing a digest of the statutory requirements in the United States and Canada relating to fire insurance companies and agents, with many quotations from the statutes, also a compilation of county and municipal taxes. |
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Common terms and phrases
ance application appointed assets attorney authorized to transact bonds broker business of insurance CANCELLATION capital stock cash certificate of authority certificate of deposit certified copy coinsurance commission Commissioner of Insurance company doing business company or association contract of insurance copy of charter December 31 deposit domestic company examination FIRE DEPARTMENT fire insurance company foreign companies funds gross premiums HOME OFFICE insurance business Insurance Commissioner insurance corporation Insurance Department invested issued laws liabilities license to deal loaned ment mortgage mutual companies paid pany payable January payable October payment Penalty for violation person policy of insurance POLICY-No policyholders power of attorney premiums received procure property insured real estate reinsurance resident agents return premiums revocation of license revoked risks securities SEMI-ANNUAL service of process STATEMENTS-Must be filed Superintendent of Insurance surance surplus TAXES AND FEES thereof tion transact business unauthorized companies underwriters United
Popular passages
Page 491 - This policy shall be canceled at any time at the request of the insured ; or by the company by giving five days' notice of such cancellation. If this policy shall be canceled as hereinbefore provided, or become void or cease, the premium having been actually paid, the unearned portion shall be returned on surrender of this policy or last renewal, this company retaining the customary short rate; except that when this policy is canceled by this company by giving notice it shall retain only the pro...
Page 173 - A person not a duly licensed insurance broker, who for compensation solicits insurance on behalf of any insurance company, or transmits for a person other than himself an application for or a policy of insurance to or from such company, or offers or assumes to act in the negotiation of such insurance, shall be...
Page 222 - ... nor shall any such company, or any officer, agent, solicitor or representative thereof, pay, allow or give, or offer to pay, allow or give, directly or indirectly, as inducement to insurance, any rebate of premium payable on the policy, or any special favor or advantage in the dividends or other benefits to accrue thereon, or any paid employment or contract for services of any kind or any valuable consideration or inducement whatever not specified in the policy contract of insurance...
Page 133 - State, and to pay the superintendent of said department for taxes, fines, penalties, certificates of authority, license fees and otherwise, an amount equal to the amount of such charges and payments imposed by the laws of such State upon the companies of this State and the agents thereof.
Page 511 - ... shall not include as income in any year such portion of any actual premium received from any individual policyholder as shall have been paid back or credited to such individual policyholder, or treated as an abatement of premium of such individual policyholder, within such year...
Page 507 - ... all losses actually sustained within the year and not compensated by insurance or otherwise, including a reasonable allowance for depreciation of property, if any...
Page 145 - General, to institute proceedings for the appointment of a receiver to wind up the affairs of the bank.
Page 301 - ... nor shall any such company or agent thereof make any contract of insurance or agreement as to such contract other than as plainly expressed in the policy issued thereon...
Page 201 - Whoever, for compensation, acts or aids in any manner in negotiating contracts of insurance or reinsurance or placing risks or effecting insurance or reinsurance for a person other than himself, and not being the appointed agent or officer of the company in which such insurance or reinsurance is effected, shall be deemed an insurance broker, and no person shall act as such broker save as provided in this section.
Page 482 - It shall be optional, however, with this company to take all, or any part, of the articles at such ascertained or appraised value, and also to repair, rebuild, or replace the property lost or damaged with other of like kind and quality...