Citation
Proposed code of fair competition for the marine and transportation underwriters and insurers industry as submitted on August 31, 1933

Material Information

Title:
Proposed code of fair competition for the marine and transportation underwriters and insurers industry as submitted on August 31, 1933
Portion of title:
Marine and transportation underwriters and insurers industry
Creator:
United States -- National Recovery Administration
Place of Publication:
Washington, D.C
Publisher:
United States Government Printing Office
Publication Date:
Language:
English
Physical Description:
2 p. : ; 24 cm.

Subjects

Subjects / Keywords:
Marine 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. 1730-06."

Record Information

Source Institution:
University of Florida
Rights Management:
This item is a work of the U.S. federal government and not subject to copyright pursuant to 17 U.S.C. §105.
Resource Identifier:
004931096 ( ALEPH )
645463560 ( OCLC )

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Full Text





'~a'fION RECOVERY ADMINISTRIATION



CODE OF FAIR COMPETITION
FOR TH~E

MARINE AND
SPRTATION UNDERWRITERS
Aill': ND INSURERS INDUSTRY
AS SUBMITTED ON AUGUST 31, 1933








UNIr~rV, OF~ FL Us. asE2~,2~




U.$. DEPOgtTOR

The Code for the Marine and
g!il~.;ti raq~nspadaion Underwriters and Insurers Industry
~AAAli~~ ""t""""""""" rm erely reflects the proposal of the abovd-mentioned
aijjei~r an none of the provrisions8 coritained. therein are
I So:~;tri~~~ regarded as ho wing received ,the a provarl of
thrle Nationarl Recooe~r A Ph~rreaiotato
as applying to this I asp'try




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AMERICAN INSTITUTE OF MARINE~ls UNDERWRITERS AND;;;

AFFILIATED~ ORGANIZATIONS


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CobE~~~r OiF' TIAME: IBMHA~RS~. OF TLHE AMERICAN INSTITUTE
O... F' MINE~. UNDE~Clt~BRWITERS AND ITS AFFILIATED OR-

I~:ifji~~'~:'~ji~~edean sittit of Mar1ine Underwriters and its affiliated
~"jii~biilefu in sympathy with the spirit and purpose of the
stitaid Itenovery Act, present this Code to the President
llP:~ 5~~: ~ the~ program ~leadipg~ toward the economic and business
t the Ukntedts States, the necessity for which is stated in
flio 1 of the Act.
ARTICLE I--APPLICATION OF CODE
.iesrican Institute of ~Marine Underwriters affims that it
nio inequitable restriictions on its members and participation
acivitE~ies, and it is truly representative as a national association
arum. nd transportation underwriters and insurers.
It m~embrship, m whole or in part, maintains, supports or sub-
'to, insurance rating, inspection and audit bureaus, associations,
neeingservices, testing and inspection stations, arson investi-
ibi~ loss adjustment bureaus, committees, underwriting syndicates,
maaera oflices, all of which come within the purviewa of this
Thecr operation of the business of marine insurance and its allied
Sare rigidtly controlled by the laws of the several states which
nt rsccinded or set, aside by the National Industrual Recovery
Nothing herein shall obligate the companies, members of the
'Institute of MVarine Ulnderwriters, to any action, agreement,
l~~ind~ierst~nd ding prohibited by the laws of any of the states.
ARTmon II--Lbnon PnovIslows
SacrziPow I. 1. Employees shall have the right to organize and bar-
ci~ l~oivlletvl through representatives of their own choosing, and
allj ~be free from the interference, restraint, or coercion of employers
t2;i~o Is or, their agents, in the designation of such representatives
irr~i~arselftrgaizatin or in other concerted activities for the purpose
ofi,:~ collect iebargaining or other mutual aid or protection.
2,:l"'~* NoTl employee and no one seeking employment shall be required
i;ia.r iontdition of employment to jomn any company union or to refrain
;.II omm o~~~ug rgamzmg~in, or assistn a laor organization of i own
Ei;iii.,jtl.kmploye~rs sha~ll comply with the maximum hours of labor,
mra~ties of pay, and other conditions of employment approved
r presari.!~ ~bed 1~ tePretside~nt.
Stat. f. Cihi.06r.---After August 81, 1i933, no person under
Ii;isix;teein; yesar of agbe shaxall be employe1pd, except th~at persons between
fou:l:i;~lrteeni~ :and sideaen yJears of age may be employed for not to exceed
ril~i;i~ee hours a day and those- iorurs between 7 aL.m. to 7 p.m., in such
ork as~i wll not mtaerere with hours of day school; provided, however,




**-,.UNIVERSITY OF FLOR 4
4'~- I(IIIUlllllilli MI
2 3 1262 08582 83
that where a State law prescri)bes'a;-it 8t.mnmn
shall be employed in such State below~ the age a
law.

(a) 'Not ~towork any emnjI~~& ine
for more than 40 hours in any 1 wekexcept
consisting of adjustagg~,-ppppssertaerpand~it 8,p
inspectors, servig pmem,.arqogpa
and raters, whose s13pne~ic ap uie q $p
the office. ... .. ,; ,,a.. :?t.,io:; rl
(b) The m;axiu p int.e
not apply to employees mna marnagerial r -p
their technical assistants who now receive more ta
nor to guards and, watch pmenlem yed tp safregagd secirei
for an aggregate period not 'exceia niight weeks m any on
employees on. emergency1 wro'rk .~?tinient t:olheprpaat:u
statements or special data; regquired,by Ae eseaves
supervision of the.insurance businesseso to es~tfownqk
account of an unusual ~innumb~er oa:flnap elaimds o t ppwl
restrictions in hours oaf highly desheel workeri~e et4e
hamper operations,. .0

Employees engaged in thethlus~iness -of oinsuran o shl~j
1. (a) Less than $15 a, week in any city of over 500,000 p
or in the immediate~trad~e3 area of. suesi~ty ; n
(b) Less thain.5$14.501.a week;iin,,any :oity- Be~tweepi
500,000 population or iinl the iZnunedriate.tande areakf
(c) Less than $14 :a; week in any eity bet wees 2,500~i
population or in the immediate.trade area of: auchlnit i
(d) In towns of less than 2,500, populfjQa~tion all~Bwegs;
creased by not less than 20 percent, provided that dui
quire wages in excess of, $12 a w~eek.:
2.. (a) Messengers .iay be paid not es h~an 75 pr
minimum wages above spec-ifed. : ar- if:i
(b) Junior fie ~clerks for a period ;o ~six Isleapth~s~ afthe
may be paid not less than 75 percent ~of th mip*c;n iinut
specified. :; .;i
Employees referred to in Sections 2 ( a) and 8 b) she
10 percent of the total numiber- ofemployees:i l ~:s~,c


Population for the p rose of th s ragem~en~i~
reference to the 1930 ~erala Census.
The provisions of this Code many uppetigapn
tute of Marine Underwriters be mdfeki~it
President, as changes in circumstances or~te
'This Code shall become effective when apr
.aMERICANs:.INSTI~TUTE OF Mp
By. JoHN T. BYRus, Presid~en.
SihPTEMBER 18T, 19833 Uz




Full Text

PAGE 1

Registry No. 1730-06 NATIONAL RECOVERY ADMINISTRATION PROPOSED CODE OF FAIR COMPETITION FOR THE MARINE AND TRANSPORTATION UNDERWRITERS AND INSURERS INDUSTRY u 0 AS SUBMITTED ON AUGUST 31, 1933 -.. -' ,. ' . The Code for the Marine and Transportation Underwriters and Insurers 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 Administration as applying to this industry UNITED STATES GOVERNMENT PRINTING OFFICE WASHINGTON : 1933 For •le by the Superintendent of Documents, Washington, D.C. ----Price 5 cents

PAGE 2

SUBMITTED BY AMERICAN INSTITUTE OF MARINE UNDERWRITERS AND ITS AFFILIATED ORGANIZATIONS (II)

PAGE 3

CODE OF THE M E MB ERS OF THE AMERICAN INSTITUTE OF MARINE UNDERW RITERS AND ITS AFFILIATED OR GANIZATIONS The Anrnrican Institute of Marine Underwriters and it affiliated organizations, being in sympathy with the spirit and purpose of the ational Industrial Recovery Act, present this Code to the President to forward the program leading toward the economic and business recovery of the United States, the necessity for which is stated in Title 1, Section 1 of the Act. ARTICLE I-APPLICATION OF CODE The American Institute of Marine Underwriters affirms that it imposes no inequitable restrictions on its members and participation in its activities, and it is truly representative as a national association of marine and transportation underwriters and insurers. Its membership, in whole or in part, maintains, supports or sub scribes to, insurance rating, inspection and audit bureaus, associations, engineering services, testing and inspection stations, arson investi gators, loss adjustment bureaus, committees, underwriting syndicates, and managerial offices, all of which come within the purview of this Code. The operation of the business of marine insurance and its allied activities are rigidly controlled by the laws of the several states which are not rescinded or set aside by the National Industrual Recovery Act. Nothing herein shall obligate the companies, members of the American Institute of Marine Underwriters, to any action, agreement, or understanding prohibited by the laws of any of the states. ARTICLE II-LABOR PROVISIONS SECTION I. 1. Empl oyees shall have the right to organize and bargain collectively through representatives of their own choosing, and shall be free from the interference, restraint, or coercion of employers of labor, or their agents, i n the designation of such representatives or in self organization or in other concerted activities for the purpose of collective bargaining or other mutual aid or protection. 2. o employee and no one seeking employment shall be required as a condition of employment to join any company union or to refrain from joining, organizing, or assisting a labor organization of his own choosing; and 3. Employers shall comply with the maximum hours of labor, minimum rates of pay, and other conditions of employment approved or prescribed by the President. SEc. II. Child Labor.-After August 31, 1933, no person under sixteen years of age shall be employed, except that persons between fourte n and sixteen years of age may be employed for not to exceed three hour a day and those hours between 7 a.m. to 7 p.m., in such work as will not interfere with hours of day school; provided, however, 9680-33 (1)

PAGE 4

UNIVERSITY OF FLORIDA 2 II I II IIIIII Ill I l l lllll l llll I I IIIIII II IIIII I l l 1111111111111111111 3 1262 08582 8233 that whe r e a State law prescribes a lower minimum age, no person shall be employed in such State below the age specified by such State law. ARTICLE III-HouRs OF EMPLOYMENT (a) ot to work any einployees engaged in the business of i nsurance for more than 40 hours in any 1 week except outsi de representatives consisting of adjusters, appraisers, auditors, collectors, investigato r s, inspectors, service engineers, surveyors, special agents, sol i c i tors, and raters, whose time and duties for the most part are outsi de o f the office. (b) The maximum hours fixed in the foregoing paragraph (a) shall not apply to employees in a managerial or executive capacity and to their technical assistants who now receive rnore than $35.00 per week; nor to guards and watchmen employed to safeguard securities; no r for an aggregate period not exceeding eight weeks in any one year to employees on emergency work incident to the preparation of annual statements or special data required by the respective states in t h eir supervision of the insurance business or to extra work in offices on account of an unusual number of loss claims or to special work whe r e restrictions in hours of highly technical workers would unavoidabl y hamper operations . ARTICLE IV-WAGES Employees engaged in the business of insurance shall be paid no t 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 a nd 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 increased by not less than 20 percent, provided that this shall n o t r e quire wages in excess of $12 a week. 2. (a) Messengers. may be paid not l ess than 75 percent of t he minimum wages above specified. (b) Junior file clerks for a period of s i x months after employment may be paid not less than 75 percent of the minimum wages a bo v e specified. Employees referred to in Sections 2 (a) and 2 (b) shall not exc eed 10 percent of the total number of em p l o yees . ARTI C L E V-GENERAL Population for the purpose of this agreement shall be determi n e d b y reference to the 1930 Federal Census. The provisions of this Code may upon peti t ion o f Amer i can Ins t itute of Marine Underwriters be modified , with the approval of the President, as changes in circumstances or expe ri e n c e may indicate. This Code shall become effect i ve whe n app r o ve d . AMERICAN INSTITUTE OF N lARI N E U N D E RWRITERS, By JoHN T. BYRNE, President . SEPTEMBER 1ST, 1 933 . 0