Regulation of Insurance Rates in the District of Columbia: Hearings...subcommittee on Public Utilities, Insurance, and Banking...on H.R. 951, H.R. 1458, H.R. 1717, H.R. 2954, H.R. 3287
1947 - 180 páginas
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action additional adopted agents agree agreement amendment antitrust laws appeal application approval Association authority become believe bill Board bureau business of insurance California Chairman Clayton Act Commissioners committee companies competition concerned Congress consideration cost decision determine deviation disapprove District of Columbia effect enacted established examination excessive expense experience extent Federal FERGUSON filing finds fire follows further give given hearing House included insurance business insurance companies issue kinds of insurance language legislation license loss matter mean meet Michigan necessary notice objection operation passed period permit person practice present President prohibit proposed provisions public interest Public Law 15 question rating organization rating plans reasonable record reference regulation regulatory relate request require respect risks rules Senator Sherman Act SIMPSON specifically standards statement subscribers Superintendent thereof tion underwriting United violation written yield
Página 138 - No Act of Congress shall be construed to invalidate, impair, or supersede any law enacted by any State for the purpose of regulating the business of insurance...
Página 137 - If any provision of this Act or the application of such provision to any person or circumstances shall be held invalid, the remainder of the Act, and the application of such provision to persons or circumstances other than those as to which it is held invalid, shall not be affected thereby.
Página 145 - The business of insurance, and every person engaged therein, shall be subject to the laws of the several States which relate to the regulation or taxation of such business.
Página 137 - Congress hereby declares that the continued regulation and taxation by the several States of the business of insurance is in the public interest...
Página 15 - If any clause, sentence, paragraph or part of this act, or the application thereof to any person or circumstances, shall, for any reason, be adjudged by a court of competent jurisdiction to be invalid, such judgment shall not affect, impair or invalidate the remainder of this act...
Página 9 - ... subdivision, or class of risk or a part or combination thereof for which it is authorized to act as a rating organization.