Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1906-04-21
SAN FRANCISCO
FIRE |NSURAN(|

u"S s"~sS-
Basing calculations upon the pub
lishCd tables of the underwriters. |
which showed payments of premiums
In San Francisco amounting practi.
cally 10 three millions of dollars In
1905. II Is probable that the total Of
insurance carried in the city. fire in.
surarce. was in the neighborhoOd OF
three hundred millions.
OF fire insurance. the policies Of
San Francisco. probably 30 or % per
cent. of them were written according
to he New York Standard form. This
form contains tho following provision
but has no earthquake clause:
III building or any part thereof
fall. except as the result of fire, all
insurance on such building. or It's con.
tents. shall Immediately cease"
The earthquake clause In insurance
policies. written or stamped In red
ink across the face of those issued
In Honolulu and familiar to every pol.
icy.holdcr here. was inserted after the
great Martinique disaster. The order
To insert the volcano clause was Civ
on by the insurance companies to the
Board OF Fire Underwriters of the
Territory Of Hawaii at the beginning
of 1908. On the 9Th of March of that
year. all the insurance agents Of this
city had To sign an agreement binding
themselves to insert the volcano
clause In all fire insurance policies Is.
sued by them.
There IL nothing of that kind In the
New York Standard form proper, but
the New York form contains this pro.
vision:
This company shall not be liable
for loss caused directly or indirectly
by invasion. instruction. riot, civil
war or Commotlon, or military or
usurrcd power. or by order OF any civ.
II authority, or by theft, or by the neg
lcct of the insured TO use all reason
able means to save and preserve the
property at and after fire, or when
the properly Is endangered by fire In
neighbOring premises
The burden Of proof Is always upon
the insurance company, but II may
perhaps be assumed that there would
be some fire liability In san Francisco,
but at the same time, as Il llreinsur
nnrc company insurrs only building
and not heaps Of ruins thrown down
by CONFUSION, II would be incumbent
upon the companies to establish that
the buildings were thrown down be-
fore they were burned. For any build.
ingS were thrown down before they
were burned. For any buildings
blown up by The military authorities
with dynamite To check the spread Of
Conilagration, Of course, there would
he liability.
Marine insurance would not cease
upon any vessel. or It's cargo. as soon
as the ship had reached the port or
the wharycs In San Francisco. the
clauses In the Marine policies cover.
ing this contingency are Of the most
sweeping character. The cargo
clause In these policies, MS II Is writ
ten. follows:
beginning the adventure upon the
said property or interest from and
Immediately following the loading
thereof. on board said vessel At ms
aforesaid tmcaning the point of de-
parturcl and so shall continue and en-.
durc until said property or interest
shall be safely landed AS aforesaid .
And Il shall be lawful for the said yes,
sci in her voyage to proceed and snil
to, touch and stay at, any ports or
places, II thcreunto Obliged by stress
of weather or other unavoidable accl'
dent"
The form of policy on the ship H.
self runs for the time for which II is
taken out. whether the ship has reach
ed rOrt In the meantime or not. The
third clause in the form OF policy
reads:
" Touching the adventures and per
1 us which this insurance company Ii
II COntCntcd to bear and takes upon H.
self In this policy, they are of the
seas. fires, pirates, assailing thieves
IjottisOns, barratry OF the mariners
(but not of the MASTERY
Iment or Illicit trade, or any trade In
Nlrticles contraband Of war excepted
I'm all Cases-and all other losses and
ylislortunes that shall come to the
hurt or damage Of the vessel hereby
Ensured, or any part thereof, to which
jnsurcrs are liable by the rules ant
houstoms of insurance In San Francis
leo. including the rules for adjustment
Nf losses and the provisions of tn,
Ciyll Code of California
Vessels insured are insured agalns
The forms Of loss provided In thel
policies until such policies shall ceas'
. and determine, and their CargOcs ar
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