Annual Report of the Commissioner of Insurance of the State of WisconsinDepartment of Insurance, 1898 - Insurance Reports for 1894-1914 have each pt. issued as separate vol.: pt. 1. Fire and marine insurance; pt. 2. Life and casualty insurance; 1897-1914, pt. 3. Local mutual fire insurance. |
From inside the book
Results 1-5 of 76
Page viii
... expenses , and no assessment can be called except for the payment of losses , which may in- clude interest due on money borrowed to pay losses . These two funds , expense fund , and assessment or loss fund , must be kept distinct and ...
... expenses , and no assessment can be called except for the payment of losses , which may in- clude interest due on money borrowed to pay losses . These two funds , expense fund , and assessment or loss fund , must be kept distinct and ...
Page ix
... losses against the company , and the method to be pursued by the offi- cers in adjusting such losses ; this method ... expenses of any kind , the evident intention being , that the expenses of the company be met by the initiation fees ...
... losses against the company , and the method to be pursued by the offi- cers in adjusting such losses ; this method ... expenses of any kind , the evident intention being , that the expenses of the company be met by the initiation fees ...
Page xxi
... cost of losses , and necessary expenses in transact- ing the business is eliminated . When , however , a company oversteps this fundamental idea and conducts the company as an insurance business in competi- tion with other companies and ...
... cost of losses , and necessary expenses in transact- ing the business is eliminated . When , however , a company oversteps this fundamental idea and conducts the company as an insurance business in competi- tion with other companies and ...
Page 7
... losses and expenses ? Not up tɔ December 31st , 1897. Will be thereafter . Does the constitution or by - laws provide for the levying on all mem- bers of additional assessments if the funds of the company are not sufficient to pay losses ...
... losses and expenses ? Not up tɔ December 31st , 1897. Will be thereafter . Does the constitution or by - laws provide for the levying on all mem- bers of additional assessments if the funds of the company are not sufficient to pay losses ...
Page 19
... losses ? No. Are accounts kept with the members , individually crediting them with all payments made to the company and charging them with their individual proportions of all losses and expenses ? Yes , but only having one small loss ...
... losses ? No. Are accounts kept with the members , individually crediting them with all payments made to the company and charging them with their individual proportions of all losses and expenses ? Yes , but only having one small loss ...
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Common terms and phrases
00 Deduct 00 MISCELLANEOUS QUESTIONS 00 Written additional assessments advance payments agents employed amount of insurance Amount of losses amount of membership amount of policies assessment liability assessments limited by-laws printed by-laws provide Cash received commenced business company and charging company re-insured company required company transact business constitution and by-laws constitution or by-laws counties Deduct those expired defined and em employed to solicit expired and cancelled fees to president force per policy foregoing questions true furnish bonds individual proportions insurance in force longest period losses and expenses losses paid members clearly defined members of additional membership fees charged Number and amount Organized or incorporated outstanding risks Paid as salaries paid for losses paid since organization pay losses payment of losses payments of assess policy Amount printed in full property is insured risk is written salaries and fees solicit insurance Total disbursements true and complete Written and renewed
Popular passages
Page 675 - This policy is made and accepted subject to the foregoing stipulations and conditions, together with such other provisions, agreements, or conditions as may be endorsed hereon or added hereto, and no officer, agent, or other representative of this company shall have power to waive any provision or condition of this policy except such as by the terms of this policy may be the subject of agreement indorsed hereon or added hereto...
Page 648 - 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 within a reasonable time on giving notice, within thirty days after the receipt of the proof herein required, of its intention so to do; but there can be no abandonment to this company of the property described.
Page 672 - In the event of disagreement as to the amount of loss the same shall, as above provided, be ascertained by two competent and disinterested appraisers, the insured and this company each selecting one, and the two so chosen shall first select a competent and disinterested umpire; the appraisers together shall then estimate and appraise the loss, stating separately sound value and damage, and, failing to agree shall submit their differences to the umpire; and the award in writing of any two shall determine...
Page 648 - This company shall not be liable beyond the actual cash value of the property at the time any loss or damage occurs, and the loss or damage shall be ascertained or estimated according to such actual cash value, with proper deduction for depreciation however caused, and shall in no event exceed what it would then cost the insured to repair or replace the same with material of like kind and quality...
Page 667 - The insured, as often as required, shall exhibit to any person designated by this company, all that remains of any property herein described, and submit to examinations under oath by any person named by this company, and subscribe the same; and, as often as required...
Page 652 - This entire policy, unless otherwise provided by agreement indorsed hereon or added hereto, shall be void if the insured now has or shall hereafter make or procure any other contract of insurance, whether valid or not, on property covered in whole or in part by this policy...
Page 649 - This entire policy shall be void if the insured has concealed or misrepresented, in writing or otherwise, any material fact or circumstance concerning this insurance or the subject thereof; or if the interest of the insured in the property be not truly stated herein; or in case of any fraud or false swearing by the insured touching any matter relating to this insurance or the subject thereof, whether before or after a loss.
Page 675 - ... no officer, agent, or representative shall have such power or be deemed or held to have waived such provisions or conditions unless such waiver, if any, shall be written upon or attached hereto, nor shall any privilege or permission affecting the insurance under this Policy exist or be claimed by the insured unless so written or attached.
Page 632 - ... time shall not be less than thirty nor more than sixty days from the date of such notice.
Page 674 - ... fire, than the amount hereby insured shall bear to the whole insurance, , , whether valid or not, or by solvent or insolvent insurers, covering such property...