Proposed code of fair competition for the casualty and surety insurance industry and allied activities as submitted on A...

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Material Information

Title:
Proposed code of fair competition for the casualty and surety insurance industry and allied activities as submitted on August 31, 1933
Portion of title:
Casualty and surety insurance industry and allied activities
Physical Description:
2 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:
Casualty insurance -- Law and legislation -- United States   ( lcsh )
Surety and fidelity 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. 1730-03."

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 004931088
oclc - 645463440
System ID:
AA00008416:00001

Full Text


























































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8 BUBMITTED





UNIV. OF:.

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ON AUGUST 31, 1933


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ti..;.ii.... The Code for the Casualty and
~2:li:8 rety Insurance Industry and Allied Activities
iidfwnrm m~ieJre reflects the proposal of the above-mentioned
ad..$;i~Zrnos eof the prooisions contained therein are
reigardedji~rX as having received the approvail]of
&" Natp io~inal Recovery Adrainistrartion
as~u~ applying to this industry




~b'~l:::~ MUN-TED STATE
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COVERYER ADMINISTRATION


DcCgE OF FAIR COMPETITION



~ AND SURETY INSURANCE

TRY ANjD ALLIED ACTIVITIES




























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ASSOCIATION OF CASUAIDC I ATD SURETY EXECUTIVES~~










at COMPi~~ii~i:ANIES MEMBERS OF THE ASSOCIA-
Apf C~ls@ALTY AND SURETY EXECUTIVES AND ITS
$FI 'I'IV ORANIZATI ONS
(5afociaio of Casualty and Surety Executives and its affiliated
onet being in sympathy with the spirit and purpose of the
i::in iitrial Recovery Act, presents this Code to the President
id the- program leading toward the economic and business
Oif ~the Un~ited States,' the necessity for which is stated in
i'8sctiion: 1 of the Act:

AnaIcLE I-APPLICATION OF CODE
Aii~xssciamtion of Casualty and Surety Executives affirms that it
gEF~o in equitablb e restrictions on its members and participation
e~~aitiiies, and it is truly representative as a national association
nal~ityT and surety insurance companies operating on the stock
~e~mbership, in whole or in part, maintains, supports, or sub-
k t:'o ;,i~n~surancce rating bureaus and associations, all of which
w~itiihin the purview of this Code.
o Idpreration of the business of casualty and surety insurance and
6Ielfled activities are rligidly controlled by the laws of the several
Wh-iceh are not rescinded or set aside by the National Industrial
SAct. Nothing herein shall obligate the companies, memn-
d'ib Association of Casualty and Surety Executives, to any
irreement, or understanding prohibited by the laws of any of

ARTICLE II-1.JABOR PROVISIONS
gees shall have the right to organize and bargain collec-
bugha~ representatives of their own choosing, and shall be
the interference, restraint, or coercion of employers of labor,
eits, in the designation of such representatives or in self-
a or in otherhe concerted activities for the purpose of
arginngor other mutual aid or protection.
loyee and no one seeking employment shall be required
,o employment to join any company umion or to refrain
oargaiizing, or assisting a labor organization of his own
slhall comply wlith the maximum hours of labor,
tfpay, eand other conditions of employment approved
the President.
After August 31, 1933, no person under sixteen years
employed, except that persons between fourteen and
I e; ni be -employed for not to exceed three hours
b6irs Atw~een' 7 a.m. to 7 p.m., in sueh work as wil
ithhuirs of day school, provided, however, that where
pt tribes a.l~ower mnummum age no person shall be
ch State below the age specified by such State Law.
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3' 1262 : 08582 8209

BaTrIat: III---Honvas or~ Eat

(a) Not to work I~BP Lgany mpoyesengge i te
for mnore thOeig hoursy say ~4;gg
consisyng~~o 'cSlgy 3~. pptpaypgp~igspgr sup
inspectors, service engmeers, symn 3 l~qq gpn 4~;
employees handling mortgages and real estate,
for rthe most parti~ astrouts~ridieelB th6'~~a;;ice I e-(: t?ff2~~
(b) The .manhamsnihqr~'aerP~2e Azed ntefu i
nrot apply to. employeesitle amimelag;eidi~a of: .
their technical -assist~b;tuds-wxlaohow rpeeav~oe sla tiaPr
nor to gu~ards: aside~t wa~tchmas~p-. z.endayed~ te~4 gesina
for an aggregate period not exceeding eight weekstiis
employees on emergency work incident to the rprto
statements or speciial'd dgsas reuiedlr the raEspeewe sat
supervision of the insurance business or to extra work in 6 --
secoulnt of sih~ unuass~.I~i~ ~~al~;.u~ notlule claims-ob 'to sed
restrietions in hours o'f ~~hgigh technied~ wuork~-aEaatrshine&
h~amrper 'opera tjion s.i !i~ I~ ~;.; c. .;i~ : i.)

Employees engaged in: thee butinoerss od ~insucance ~sgoi be
1. (a) Lass than $15 la weakt,in~ -anyacity-of over; soO
or in the immediate trade area of suhch dty JF
(b) Less than. 814.50 a w~ieek hji any eity bet~iReemin
500,000 plop ulation i or in .#he' iijmedists trade arse o@ as~i
(e) Less thatn' $14Q al week in.anyr city: be week a~~
population or in the imnuiediae teitae -area~ of such y6~t;.:
(d) In towns o~f l te tanL 2,5000popllation:li dral;,pegedi
creased by nrot le~ss than- 20 ppegaen;:pro~vidded~that sh
require wages in excess of $12 a week.
2. (a) Messenlgers ~,t.my be; paid;, not less than ;75 p
minimum wages above specified.
(b) Junior file .cerkzs. for .a period o six mons~ths~ aift r
may be paid not less- than 75 :perent,aE of W in
specified .!; ?. I
Employees referred to in6Sectione.2 ta)D~ a itj by
10 percent of the total.numliber of. ~emp oves a


Population for the purpose of this n~ 4."nt
by reference to the 1930 F'ederal Census.
-The provisions of this Code m]Eay,~ uP~pop etitipn~..
of Casualty and Surety Execu tiv es..be n ~e
of the President, as changes in circumst~nanch
indicate.,
TIhis Code shall become effective whez'~P~i ap -
AGCAssocNo or CbSAsmTY- .an $ti
By F. ROBERTBON JONES, Gener~s a cl Mana -
O."'; L"