Report of the Special Fire Insurance Committee of the Louisville Board of Trade
Report of the Special Fire Insurance Committee of the Louisville Board of Trade
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If the seller has fixed a price which is unjust and excessive, the buyer is entitled to a correction of the excess. The Underwriter who ignores his responsibility to the property owner and shares with the insurance companies such unjust gain is not only guilty of extortion but of a violation of his trust. V "-^ The Underwriters in Louisville have for two generations exer- ' cised a trust toward the citizens of Louisville. The citizens of Louis- ville had the right to expect that the Underwriter...s would act as their agents and represent their interests adequately and justly in their relation to the insurance companies furnishing the indemnity. If from motives of greed or selfishness, or by reason of carelessness or indifference, they have exercised their trust to the injury and loss of their principals and neighbors, an explanation and much more than an explanation is due from them. , ^ *-""' PROOF OF OVERCHARGE I have prepared and hand you herewith certain graphic charts which give in a condensed form the proof of overcharge and dis- crimination.
What to read after Report of the Special Fire Insurance Committee of the Louisville Board of Trade?
You can find similar books in the "Read Also" column, or choose other free books by Ky Board of Trade Louisville to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
If the seller has fixed a price which is unjust and excessive, the buyer is entitled to a correction of the excess. The Underwriter who ignores his responsibility to the property owner and shares with the insurance companies such unjust gain is not only guilty of extortion but of a violation of his trust. V "-^ The Underwriters in Louisville have for two generations exer- ' cised a trust toward the citizens of Louisville. The citizens of Louis- ville had the right to expect that the Underwriter...s would act as their agents and represent their interests adequately and justly in their relation to the insurance companies furnishing the indemnity. If from motives of greed or selfishness, or by reason of carelessness or indifference, they have exercised their trust to the injury and loss of their principals and neighbors, an explanation and much more than an explanation is due from them. , ^ *-""' PROOF OF OVERCHARGE I have prepared and hand you herewith certain graphic charts which give in a condensed form the proof of overcharge and dis- crimination.
What to read after Report of the Special Fire Insurance Committee of the Louisville Board of Trade?
You can find similar books in the "Read Also" column, or choose other free books by Ky Board of Trade Louisville to read onlineMoreLess
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