This historic book may have numerous typos and missing text.
Purchasers can download a free scanned copy of the original book
(without typos) from the publisher. Not indexed. Not illustrated.
1896 Excerpt: ...motives, and who used money freely in their
attempts to corrupt the law-makers. It is due to the latter to say
that both insurance committees not only gave attentive hearing to
explanation and remonstrance, but when persuaded of the malevolent
purpose of the mischief-makers, proved their readiness to interpose
in the interest of common fairness and common justice. The real
conflict was with the authors of the bills and their hired
emissaries, and the result of the fight was their surrender and
withdrawal. We learn from the Insurance Observer, London, of the
practical application of the insurance principle to the breakage of
machinery, and the loss which follows to employer and employed in
industrial establishments. The Machinery Insurance Company,
Limited, the Observer says, was recently established with a capital
of, 200,000, with the object of preventing breakdowns in all
classes of machinery. It aims at the attainment of this object by a
system of careful inspection by competent machinists. Early
attention to defective conditions and prompt repair, as we all
know, might have averted many a disastrous stoppage to mills and
factories. The constant inspection by the experts of the Company is
in itself fully worth the amount of premium charged. Among the
special advantages claimed by the projectors are the following:
prevention of breakdown; safety and economy; efficient and
uninterrupted working assured; saving in cost of production; less
depreciation and greater durability; reduction of loss on time
contracts; prompt attention by staff of experts; saving of costly
litiga The Insurance Commissioner of Massachusetts decides that an
insurance broker is not entitled to any commission whatever upon a
policy on his own life, as such a commission would be a ...
|Country of origin:
||246 x 189 x 2mm (L x W x T)
||Paperback - Trade
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