Citation
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

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
Creator:
United States -- National Recovery Administration
Place of Publication:
Washington, D.C
Publisher:
United States Government Printing Office
Publication Date:
Language:
English
Physical Description:
3 p. : ; 24 cm.

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:
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:
004931091 ( ALEPH )
645458447 ( OCLC )

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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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Full Text

PAGE 1

Registry No. 1730-04 NATIONAL RECOVERY ADMINISTRATION 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 The Code for the Mutual Fire Insurance Automotive Mutual Insurance. and Mutual Casualty 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 Administration as applying to this industry UNITED STATES GOVERNMENT PRINTING OFFICE WASHINGTON : 1933 I I 1 f I For sale by the Superintendent of Documents, Washington, D.C. --Price 5 cents

PAGE 2

SUBMITTED BY FEDERATION OF MUTUAL FIRE INSURANCE COMPANIES NATIONAL ASSOCIATION OF AUTOMOTIVE MUTUAL INSURANCE COMPANIES NATIONAL ASSOCIATION OF MUTUAL CASUALTY COMPANIES (II)

PAGE 3

CODE OF THE FEDERATION OF MUTUAL FIRE INSURANCE COMPANIES, NATIONAL ASSOCIATION OF AUTOMOTIVE MUTUAL INSURANCE COMPANIES , NATIONAL ASSOCIA TION OF MUTUAL CASUALTY COMPANIES, AND THEIR AFFILIATED ORGANIZATIONS The provisions of this Code shall apply to all the member companies of the Federation of Mutual Fire Insurance Companies, the National A ss ociation of Automotive Mutual Insurance Companies, the National Association of Mutual Casualty Companies, and their affiliated organizations. All these organizations and their constituent companies, being in sympathy with the spirit and purpose of the National Industrial R ecovery Act, present this Code to the President to forward the program leading toward the economic and busi ness recovery of the United States, the necessity for which is stated in Title I, Section 1, of the Act. ARTICLE I The Federation of Mutual Fire Insurance Companies, the National Association of Automotive Insurance Companies and the National Association of Mutual Casualty Companies affirm that they impose no inequitable restrictions on their members and participation in their activities and that they are truly representative national associations of fire and casualty insurance companies operating on the mutual p l an. The membership of the various organizations above named, in whole or in part, maintains, supports, or subscribes to insurance rating, inspection and audit bureaus, associations, engineering services, testing and inspection stations and laboratories, arson investigators, loss-adjustment bureaus, and patrol or salvage corps cooperating with municipal fire departments, all of which come within the purview of the Code. The operation of the business of fire and casualty insurance and its allied activities are rigidly controlled by the laws of the several States whi ch are not rescinded or set aside by the National Industrial Recovery Act. Nothing herein shall obligate the companies mem bers of the above-named organizations to any action, agreement, or understanding prohibited by the laws of any of the States. • ARTICLE II-LABOR PROVISIONS SECTION 1. (a) Employees 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 emp l oyers of l abor, or their agents, in the designation of such representatives, or in self-organization, or in other concerted activities for 9677-33 (1)

PAGE 4

2 the purpose of collective bargaining, or other mutual aid or protection. (b) No employees and no one seeking employment shall be required as a condition of employment to join any company uni011 or to refrain from joining, organizing, or assisting a labor organiza tion of his own choosing; and ( c) Employers shall comply with the maximum hours of labor, minimum rates of pay, and other conditions of employment, ap-proved or prescribed by the President. SEc. 2. Child labor.-After August 31, 1933, no person under six teen years of age shall be employed, except that persons between fourteen and -sixteen years of age may be employed for not to exceed three hours 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, how ever, that where a State law prescribes a higher minimum age no persons shall be employed in such State below the age specified in such law. ARTICLE III-HouRs OF EMPLOYMENT SECTION 1. Not to work any employees engaged in the business of insurance, except outside representatives consisting of salesmen. solicitors, agents, field representatives, claims men, inspectors, serv ice engineers, adjusters, appraisers, collectors, pay-roll auditors, raters, and employees handling mortgages and real estate for more than 40 hours in any one week. SEC. 2. 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 more than $35.00 per week; nor to guards and watchmen employed to safeguard securities; nor 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 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. ARTICLE IV-WAGES Employees engaged in the business of insurance shall be paid natl. (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 increased by not less than 20 percent, provided that this shall not require wages in excess of $12 a week. 2. (a) Messengers may be paid not less than 75 percent of the minimum wages above specified. . (b) Junior file clerks for a period of six months after employment may be paid not less than 75 percent of the minimum wages above specified.

PAGE 5

3 Employees referred to in Sections 2 (a) and 2 (b) shall not exceed 10 percent of the total number of employees. ARTICLE V-GENERAL Population for the purpose of this agreement hall be determined by reference to the 1930 Federal Census. The provisions of this Code may, upon petition of this Association, with the approval of the President, be modified as chano-es in cir cumstances or experience may in licate. This Code shall become effective when approved. FEDERATION OF MUTUAL FIRE IN URANCE COMPANIES, NATIONAL ASSOCIATION OF AUTOMOTIVE MUTUAL INSURANCE COMPANIES, NATIONAL AssocIATION OF MuTUAL CAsu ALTY Co MP A NIES, By A V. GRUHN, By E. L. POOR, General Manager, A nieric(J;n M utiial Alliance . • 0

PAGE 6

•

PAGE 8

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