Proposed code of fair competition for the mutual fire insurance, automotive mutual insurance and mutual casualty insuran...

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Material Information

Title:
Proposed code of fair competition for the mutual fire insurance, automotive mutual insurance and mutual casualty insurance industry and affiliated organizations as submitted on August 31, 1933
Portion of title:
Mutual fire insurance, automotive mutual insurance and mutual casualty insurance industry and affiliated organizations
Physical Description:
3 p. : ; 24 cm.
Language:
English
Creator:
United States -- National Recovery Administration
Publisher:
United States Government Printing Office
Place of Publication:
Washington, D.C
Publication Date:

Subjects

Subjects / Keywords:
Fire insurance -- Law and legislation -- United States   ( lcsh )
Automobile insurance -- Law and legislation -- United States   ( lcsh )
Casualty insurance -- Law and legislation -- United States   ( lcsh )
Genre:
federal government publication   ( marcgt )
non-fiction   ( marcgt )

Notes

General Note:
Cover title.
General Note:
At head of title: National Recovery Administration.
General Note:
"Registry No. 1730-04."
General Note:
The provisions of this code apply to all the member companies of the Federation of Mutual Fire Insurance Companies, the National Association of Automotive Mutual Insurance Companies, the National Association of Mutual Casualty Companies, and their affiliated organizations.

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 004931091
oclc - 645458447
System ID:
AA00008415:00001

Full Text








OjEl OF FAIR COMPETITION
;i.. FOR THE

~~tfI 4LFIRE INSURANCE
~~IE MU~JTUAL INSURANCE
~~UAL CiSUALTY INSURANCE
USTRY AND AFFILIATED
,;.ii;~ 'ORGAglZIATIONS
X?~ AS suBMIrTTE p~N iUGUST 31, 1933











The Code for the Mutual Fire Insurance
M n~tal lansurance, and 1Mutual Casualty Insurance Industry
iAran inerely~ reflects the proposal of the above-mentioned
and peqrse of the provisions contained therein are
re~i a ofed as hapting received the approval of
aith National Jtecovery Ad ministration




r.p VER'i d~ NMENT hlIN OFFIkl E
WAS~I GTON :1988
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~~', ~~~O 11U~i'P PTUA~J L FIRtE II SU CB~Q
74 SSdcCATION OFi AUTOMO ~31E
"~~~P;;. Ai (I~~JALTY ;COMPAN~IES, AN~D ']igfClt
MI GN!A IOlNIES NAINL '

.. ?r ~ thq Fyd~erti~on of Myi~tual Fire Insurance Companies, the
fi' :AI Byci;~a tsmaniv o AumoieMutual Insurance Companie;s,
;;i: a ,Aspociation ,of Mutual. ICasutaltyp Companies, and their
prgapzatiozia~ :( ALl th~weseorganxzations and their constitu-
lent companies~, being in sympathy with the spirit and purpose of the
Na t~ional In'dustral..eoV~eryT ;Act,~ present this Code to the Presi-
dent to forward thile progra~sm 'leading toward the economic and busi-
W g~Sto~gyp y,,ofthe nited .States, the necessity for which is stated
'lh~r~.;We;;;~Sv;~iaa T of the Ac~t. ,,


t "'rhai edb a'tioi 'of Mlutural fife insurancee Companies, the Na-
lin 1 association of Aqtongotip Insuira~nce Cbmlparnes and the Na-
dni ~~iifW~c'a'~ilt 'Mutual" Caslity Companies af~rm that they
B' ri i~igiftable~e rds~;;trfi:tEons' dn thIeir members and parti'cipa-
0 n ~,t ef6iErit~ids a-id;; thd e re truly representative national
db~ela of' fird kiiddaitlt nsurance companies operating' on
11~~* edit i-sfl of the iou organizations above~ named, in
i9~j:1014 omtkil~ll~rk'iknkis upors or subscribes toi insurance rat-
S io-n'fd" 'laiiditl iurearsll:s socitions, 'engineering services,
gi.'ikis petj~igt dit it~a ods ro'i boratoi xes, arson investigators,
hitiidi blrekth; r ptedl or salysige corps cooperating$
wi~~ith munidfi "f~i'r departmentt all'of which come. within th@ put-
vc;iew of the Code.
SThe operation of the'brisiziess of? fire an'd casualty insurance and
el Rd actfyities arerfigcid controlled byv the laws$ of the seprgral
Aid~ Ir;io endlisc e d or set al ide bys thje' ~at~ional. Indurbti-ial
IsrByg'cCt 14btR'" k ere'in sla f ligate' thb comptnlie niem-
~~~-'.a e orgymzt'pplb-y, oayaction, agree nhtor
~"~or~ ~ia t41 :laws of any of the Sates.
li----aLidi YoI horloNs
,~plt y~~~tp~ipid ishhll~hisvb the right to orgad~ize and
ModI~ btif4ih Wei rd~ithfitzi ves of their dircn.i' bhdedih);,
~h~all be free from the iilterfietien~c ,: restraint, 'or e oerici'od o~f
0y41f~air~r~t thft quh ,i# te dsi~gri'~tish of 'Audh irepre-
Ttaives, or inJ sellf-orgeanizaioP,r orli 6th r;!: coliebrti ed'B 'Rtivitibds~ f bi
























Satin 1' Nftodr a oft bees en a~~'d ~ l[""i[;n911 o -
of insurance, except outside reprsktie 'cntthto sk:
solicitors, agents, field representatives, claims men, inspectors, srt~zi~
ice engineers, adjusters, a jikI~t.ithr$ ,' collectors, pay-roll aiuditors~~:
rsaters, and employg~es hggiiog sysIt~gags~, nd ra~ i~,reste~;(pt2_siago
thpin 40 hours iy anyone wee ..; .; .....
SEc,r8'S. The maximum lioudiaB e A the foregoing gii'g
shall no a~pply to e'mploytees 19 al maaera rexeve 0
and to their technical ~Fsasslateak. Wo m receive morej~~t
per week; nor to guards 4.4, watchmnen employ~eg" to,',i
sem~irities; rior for -an aggregate per-iod not: exceedingg ~ ~ :
in anqy one year to empployees opx .emergency: work jl~~i2tud
preparatio of annuid~ stattemeqts~ or special data r~eqidge bab~~~:
respective states in thelr supervzsionl of the asrance;
to extra work in offlees on account of an usual itu~ ~ p.X;1
claims; nor to special work where restrictions in hours 9~~6~
technical wers wotald unavoidably hamperl opers eqap.


Emplodyees engaged in the buipess of mstui~rance 4~esball l) e~
1. (a) Less than .$15.s w eek. in any cityf ,ayer 800,900
tion or in the immediate trade dies of such eity;
(b) Les~s 'thanl $14.50 a week inz ny 9it e~tweedit4~li
500,00 population ori h mei taeae f e
(c) Less than $14 a ~week; in any cityp.hletswen 2,500 and .i
population or in thle imnriedia~te trade ara of ~such city;
d) towns of less ~than 12}00,papuatiantl wa~ ~fges sh~aMl2
er~ase by not less' ithn; .seclent, pruidied ,tat this sh4~e~
Fqi~zre; wages in!excess of $12 p~eale~k..
a)Aessen ers. may .e aid Inot less tha f475 'Ipercent~
a~E~rm wages we spec ofi ,tsat
(~ ~Junior file clerks for a pro fsxmotsatre
may ~:e paid not less than 75 pekednt of the minimum wa~-j
specified.








pla eesrferred to in Sections 2 (a) and 2 (b) shall not exceed
aiit of the total number of employees.

Analax. V--GENERAL

plion Ofo the purpose of this agreement shall be determined
trece to the 1930 Federal Census.
epr~io~visions of this Code may, upon petition of this Association,
the approval of the President, be modified as changes in cir-
esor experience may indicate.
isCode shall become effective when approved.
FEDERATION OF MITrUAL FIRE INSURANCE
COMPANIES,
NATIONAL' AssocurrIoN or AronToTIve]
MervAL. INSURANCE COM-PANIES,
NATIONAL ASSOCIATION OF 1CUTU7AL CAS-
UALTY COM~PANIES,
By A V. GRUENs,
By E. L. Poon,
General Mn~ager, Americafn Multulal Allianlce.


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