Registry No. 1730-06 

NATIONAL RECOVERY ADMINISTRATION 

PROPOSED CODE OF FAIR COMPETITION 

FOR THE 

MARINE AND 

TRANSPORTATION UNDERWRITERS 

AND INSURERS INDUSTRY 

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AS SUBMITTED ON AUGUST 31, 1933 

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The Code for the Marine and 

Transportation Underwriters and Insurers Industry 

in its present form merely reflects the proposal of the above-mentioned 

industry, and none of the provisions contained therein are 

to be regarded as having received the approval of 

the National Recovery Administration 

as applying to this industry 

UNITED STATES 

GOVERNMENT PRINTING OFFICE 

WASHINGTON : 1933 

For •le by the Superintendent of Documents, Washington, D.C. - - - - - - - - Price 5 cents 
SUBMITTED BY 

AMERICAN INSTITUTE OF MARINE UNDERWRITERS AND ITS 

AFFILIATED ORGANIZATIONS 

(II) 
CODE OF THE MEMBERS OF THE AMERICAN INSTITUTE 

OF MARINE UNDERWRITERS AND ITS AFFILIATED ORGANIZATIONS 

The Anrnrican Institute of Marine Underwriters and it affiliated 

organizations, being in sympathy with the spirit and purpose of the 

ational Industrial Recovery Act, present this Code to the President 

to forward the program leading toward the economic and business 

recovery of the United States, the necessity for which is stated in 

Title 1, Section 1 of the Act. 

ARTICLE I-APPLICATION OF CODE 

The American Institute of Marine Underwriters affirms that it 

imposes no inequitable restrictions on its members and participation 

in its activities, and it is truly representative as a national association 

of marine and transportation underwriters and insurers. 

Its membership, in whole or in part, maintains, supports or subscribes to, insurance rating, inspection and audit bureaus, associations, 

engineering services, testing and inspection stations, arson investigators, loss adjustment bureaus, committees, underwriting syndicates, 

and managerial offices, all of which come within the purview of this 

Code. 

The operation of the business of marine insurance and its allied 

activities are rigidly controlled by the laws of the several states which 

are not rescinded or set aside by the National Industrual Recovery 

Act. Nothing herein shall obligate the companies, members of the 

American Institute of Marine Underwriters, to any action, agreement, 

or understanding prohibited by the laws of any of the states. 

ARTICLE II-LABOR PROVISIONS 

SECTION I. 1. Employees shall have the right to organize and bargain collectively through representatives of their own choosing, and 

shall be free from the interference, restraint, or coercion of employers 

of labor, or their agents, in the designation of such representatives 

or in self-organization or in other concerted activities for the purpose 

of collective bargaining or other mutual aid or protection. 

2. o employee and no one seeking employment shall be required 

as a condition of employment to join any company union or to refrain 

from joining, organizing, or assisting a labor organization of his own 

choosing; and 

3. Employers shall comply with the maximum hours of labor, 

minimum rates of pay, and other conditions of employment approved 

or prescribed by the President. 

SEc. II. Child Labor.-After August 31, 1933, no person under 

sixteen years of age shall be employed, except that persons between 

fourte n and sixteen years of age may be employed for not to exceed 

three hour a day and those hours between 7 a.m. to 7 p.m., in such 

work as will not interfere with hours of day school; provided, however, 

9680-33 (1) 
UNIVERSITY OF FLORIDA 

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3 1262 08582 8233 

that where a State law prescribes a lower minimum age, no person 

shall be employed in such State below the age specified by such State 

law. 

ARTICLE III-HouRs OF EMPLOYMENT 

(a) ot to work any einployees engaged in the business of insurance 

for more than 40 hours in any 1 week except outside representatives 

consisting of adjusters, appraisers, auditors, collectors, investigators, 

inspectors, service engineers, surveyors, special agents, solicitors, 

and raters, whose time and duties for the most part are outside of 

the office. 

(b) The maximum hours fixed in the foregoing paragraph (a) shall 

not apply to employees in a managerial or executive capacity and to 

their technical assistants who now receive rnore than $35.00 per week; 

nor to guards and watchmen employed to safeguard securities; nor 

for an aggregate period not exceeding eight weeks in any one year to 

employees on emergency work incident to the preparation of annual 

statements or special data required by the respective states in their 

supervision of the insurance business or to extra work in offices on 

account of an unusual number of loss claims or to special work where 

restrictions in hours of highly technical workers would unavoidably 

hamper operations. 

ARTICLE IV-WAGES 

Employees engaged in the business of insurance shall be paid not 

1. (a) Less than $15 a week in any city of over 500,000 population 

or in the immediate trade area of such city; 

(b) Less than $14.50 a week in any city between 250,000 and 

500,000 population or in the immediate trade area of such city; 

(c) Less than $14 a week in any city between 2,500 and 250,000 

population or in the immediate trade area of such city; 

(d) In towns of less than 2,500 population all wages shall be increased by not less than 20 percent, provided that this shall not re- quire wages in excess of $12 a week. 

2. (a) Messengers. may be paid not less than 75 percent of the 

minimum wages above specified. 

(b) Junior file clerks for a period of six months after employment 

may be paid not less than 75 percent of the minimum wages above 

specified. 

Employees referred to in Sections 2 (a) and 2 (b) shall not exceed 

10 percent of the total number of employees. 

ARTICLE V-GENERAL 

Population for the purpose of this agreement shall be determined by 

reference to the 1930 Federal Census. 

The provisions of this Code may upon petition of American Institute of Marine Underwriters be modified, with the approval of the 

President, as changes in circumstances or experience may indicate. 

This Code shall become effective when approved. AMERICAN INSTITUTE OF Nl ARINE UNDERWRITERS, By J oHN T. BYRNE, President. 

SEPTEMBER 1ST, 1933 . 

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