Fire Insurance Laws, Taxes and FeesSpectator Company, 1917 - Fire insurance Containing a digest of the statutory requirements in the United States and Canada relating to fire insurance companies and agents, with many quotations from the statutes, also a compilation of county and municipal taxes. |
From inside the book
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Page 23
... pany , such person shall be guilty of a misdemeanor , and upon conviction . shall be fined not less than one hundred dollars nor more than five hundred dollars , or may be imprisoned in the county jail not more than thirty days , or ...
... pany , such person shall be guilty of a misdemeanor , and upon conviction . shall be fined not less than one hundred dollars nor more than five hundred dollars , or may be imprisoned in the county jail not more than thirty days , or ...
Page 24
... pany not organized under , or incorporated by , the laws of this State , ren- ders him the agent of such company under the provisions of this code , such company shall be held to be doing business in this State , and shall be subject to ...
... pany not organized under , or incorporated by , the laws of this State , ren- ders him the agent of such company under the provisions of this code , such company shall be held to be doing business in this State , and shall be subject to ...
Page 25
... pany , before selling its stock , must appoint the Insurance Commissioner attorney and secure a permit . EXAMINATIONS - Examination of a company must be made if a complaint is made against it . Party making complaint must give bond to ...
... pany , before selling its stock , must appoint the Insurance Commissioner attorney and secure a permit . EXAMINATIONS - Examination of a company must be made if a complaint is made against it . Party making complaint must give bond to ...
Page 33
... pany entering , $ 50.50 ( after July 1 , $ 25.50 ) , adjusted on percentage basis at end of year . OXFORD - For each company , $ 15 , payable January 1 . OZARK - For each company , $ 20 , payable January 1 . PELL CITY — For each company ...
... pany entering , $ 50.50 ( after July 1 , $ 25.50 ) , adjusted on percentage basis at end of year . OXFORD - For each company , $ 15 , payable January 1 . OZARK - For each company , $ 20 , payable January 1 . PELL CITY — For each company ...
Page 34
... pany entering , $ 25 ; percentage basis at end of year , payable January 1 . SLOCOMB - For each company , $ 5 , payable January 1 . STEVENSON - For each company , $ 10.50 , payable January 1 . SULLIGENT - For each agent , $ 10 , payable ...
... pany entering , $ 25 ; percentage basis at end of year , payable January 1 . SLOCOMB - For each company , $ 5 , payable January 1 . STEVENSON - For each company , $ 10.50 , payable January 1 . SULLIGENT - For each agent , $ 10 , payable ...
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Common terms and phrases
amount ance annual statement application assets authorized to transact bonds broker CANCELLATION capital stock cash cent of premiums centum certificate of authority certificate of deposit certified copy coinsurance commission Commissioner of Insurance company or association contract of insurance December 31 deposit domestic company examination FIRE DEPARTMENT fire insurance company Fire Marshal foreign companies gross premiums HOME OFFICE incorporated insurance business Insurance Commissioner Insurance Department invested issued less liabilities license fee license to deal loaned loss March ment mutual companies paid pany payable January payable October payment person policy of insurance POLICY-No policyholders power of attorney premiums received procure property insured real estate RECIPROCAL reinsurance resident agents return premiums revocation of license revoked risks securities SEMI-ANNUAL service of process STATEMENTS-Must be filed Superintendent of Insurance surance surplus tax is payable Tax statement TAXES AND FEES thereof tion transact business unauthorized companies underwriters United
Popular passages
Page 504 - This policy shall be canceled at any time at the request of the insured ; or by the company by giving five days' notice of such cancellation. If this policy shall be canceled as hereinbefore provided, or become void or cease, the premium having been actually paid, the unearned portion shall be returned on surrender of this policy or last renewal, this company retaining the customary short rate; except that when this policy is canceled by this company by giving notice it shall retain only the pro...
Page 180 - A person not a duly licensed insurance broker, who for compensation solicits insurance on behalf of any insurance company, or transmits for a person other than himself an application for or a policy of insurance to or from such company, or offers or assumes to act in the negotiation of such insurance, shall be...
Page 316 - ... nor shall any such company or any officer, agent, solicitor or representative thereof, pay, allow or give, or offer to pay, allow or give, directly or indirectly as inducement to insurance, any rebate of premium payable on the policy, or any special favor or advantage in the dividends or other benefits to accrue thereon, or any paid employment or contract for services of any kind or any valuable consideration or inducement whatever not specified in the policy contract of insurance...
Page 522 - First. All the ordinary and necessary expenses actually paid within the year out of earnings in the maintenance and operation of its business and property within the United States, including rentals or other payments required to be made as a condition to the continued use or possession of property to which the corporation has not taken or is not taking title, or in which it has no equity.
Page 298 - Whenever any policy of insurance shall be written to insure any real property in this state against loss by fire, tornado, or lightning, and the property, insured shall be wholly destroyed, without criminal fault on the part of the insured or his assigns, the amount of the insurance written in such policy shall be taken conclusively to be the true value of the property insured, and the true amount of loss and measure of damages.
Page 523 - Any amount paid out for new buildings or for permanent improvements or betterments made to increase the value of any property or estate; (3) Any amount expended in restoring property or in making good the exhaustion thereof for which an allowance is or has been made...
Page 154 - General, to institute proceedings for the appointment of a receiver to wind up the affairs of the bank.
Page 210 - Whoever, for compensation, acts or aids in any manner in negotiating contracts of insurance or reinsurance or placing risks or effecting insurance or reinsurance for a person other than himself, and not being the appointed agent or officer of the company in which such insurance or reinsurance is effected, shall be deemed an insurance broker, and no person shall act as such broker save as provided in this section.
Page 494 - It shall be optional, however, with this company to take all, or any part, of the articles at such ascertained or appraised value, and also to repair, rebuild, or replace the property lost or damaged with other of like kind and quality...
Page 284 - ... in which the company is located and the state or government, under the laws of which it is organized. The term agent or agents...