Registry No. 1730-017
NATIONAL RECOVERY ADMINISTRATION
PROPOSED CODE OF FAIR COMPETITION
NATIONAL ASSOCIATION OF THE
The Code for the National Association of the M~utual Insurance Industry
in its present form merely reflects the proposal of the above-mentioned
industry, and none of the provisions contained therein are
to be regarded as having received the approval of
the National Recovery AIdministration
as applying to this industry
GOVERNMENT PRINTING OFFICE
WASHINGTON : 1983
For ~sle by the Baperintendent of Documents. Washington, D.C. Price 5 cent
WE DO OUR PART
MUTUAL INSURANCE INDUSTRY
AS SUBMITTED ON AUGUST 31, 1933
NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES
CODE OF THE NATIONAL, ASSOCIATIION1~ OF MUTUAL INSUR-
ANCE COMPANIES AND AFIFILI[ATED ORGANIZATIONS
The provisions of ths Code hall apply to all the member companies
of the National Aissociintion of Mlutual Insulrance Comlpanies.Al
these constituent companies being ini symlpathy- ~ithi the spirit and.
purpose. of the Nat~ional Industral Recovery Act present this Code
ton theP -lPresidnt, to forwanrd- the pmroraRm lnAding toward the econ~omic
a~nd business r~ecovery of the United States, the necessity for which is
stalt.ed in Tit~le I[, Section 1, of the Act.
The National Associat~ion of M~utuial Insurance Comnpanies affirms
that it imposes nro inequitable restrictions on its members and par-
ticipation m their act.inities and that it is a truly representative
national asesociat~ion of fire, windstor~m, hai~l, livestock, a~nd calsullt~y
insurance companies operating on the mutual plan.
The operation of thte business of fire anld elsualt~y insurance and
t~he other branches of insurance above nramed aInd allied netivit.ies
are rigidly controlled byT the laws of the several states whch are not
rescinded or set aside by the National Industrial Recovery Aict..
NTothing herein shall obligate the companies, mlembers of the above-
nam~ed organization, to any alct~ion, agreement, or understandling
prohibited by the law~s of any of the Stattes.
ARTICLE II--LABOR PaovisIONS
SECTION 1.-a8. Employees .shall have the right to organized and
bargain collectiv-ely through representatives of their owin c~hoosing,
and shall be free from the inlterference,, restraint, or c'oer~cionl of em-
players of labor, or their a ents, in the desi nation of such representa-
tives or in self-orgacnization or in other concerted alctivities for the
purpose of colketlive bargaining or other mutual aid or protection;
b. Noc emlploy-ees and no one seekiing employment shall be required
as a. COnditionl of emlploymelnt to jomn any company union or to reframn
from joinung, organizing, or assisting a labor organization of lus ow~n
c. Emnployers shall comlply wvith th~e .maximuml hours of labor,
miinimumi rates of pay, and ot her conditions of emplIoymenit, approved
or prescribed by the P~resident.
SEc. 2 --Chrild labor.-After A~ugust 31, 19:33, no person under
sixteen years of age shall be emlployed, except that persons between.
fourteen and sixteen y-ears of age may be emlployed for not to tsc~eed
three hours a day and those hours between 7 a.m. to 7 p.m. in such
workc as will not. interfere w.ith hours of day school, prov-ided, hlowever,
that where a State law prescribe~s a higher minimlum age no persons
shall be employed in such State below thle age specified in such lawv.
UNIVERSITY C.F FL ORIDA
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2 3 1262 08855 6617
ARTICLE IIII--HounS or EurroYMbENT
SECTION 1.--Not to work any employees engaged in the business
of insurance, except outside representatives consist.ing of salesmen,
solicitors, agents, field represent tn tives, claims men, inspec tors,
service engineers, adjusters, appraisers, collectors, pay-roll auditors,
Prate~rsIC a 1nd emloyees halnd-ling mor~tgages and real estate for more
than 40 hours in any one week.
SEc. 2.-The mlaximumn hours fixed in the foregoing par~lagraph (a)
shall not apply to employees in a managerial or executive capacity
and to their technical assista~nt~s who now receive more than $Y35.00
per week; nzor to guards and watchm~ren emnployed to safeguard
securities; nor for an aggregate period not exceedinga eight weeks in
any one year to employees on emergency work incident t~o t~he prepara-
tion of annual statemnents or special data required by the respective
states in their supervision of the insurance business; nor to extra work
in offices on account of an unusual number of loss claims; nor to
special work where restrictions in hours of highly technical workers
would unavoidably hamper operations.
Employees engaged in, the business of insurance shall be paid
1. (a) Less than $15 a week in any city of over 500,000 population
or in the immediate trade area, of such city;
(b) Less than $14.50 a week in any city between 250,000 and
500,000 population or in the immediate trade area of such city;
(c) Less than $14 a week in any city between 2,500 and 250,000
population or in the immediate trade area of such city:;
(d) In towns of less than 2,500 population all wages shall be in-
creased by not less than t20 percent, provided that this shall not
require wages in excess of $12 a week.
2. (a) M/3essengers may be paid not less than 75 percent of the
minimum wages above specified.
(b) Junior filec clerks for a period of six months after employment
may be paid not less than 75 percent of the minimum wages above
Employees referred to in Sections 2(a) and 2(b) shall not exceed
10 percent of the total number of employees.
Populationz for the purpose of this agreement shall be determined
by reference to the 1930 FIiederal Census.
-The provisions of this Code maty, upon petition of this Association,
with the approval of the President, be modified as changes in cir-
cumstances or experience may indicate.
TIhis Code shall -becomet effective when approved.
NATIONAL AssoCIATION or MUTUAL INSURANCE
COMPANIES AND AFFILIATED ORGANIZATIONS,
HIAnavY P. COOPER, Secretlary.
By E. L. Poon.