TITLE

The Fire Insurance Scandal

AUTHOR(S)
Kilpatrick, Carroll
PUB. DATE
December 1943
SOURCE
New Republic;12/13/43, Vol. 109 Issue 24, p848
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Presents information on arbitrations and indictments related to the sale of fire insurances. Case against 198 stock fire-insurance companies, their trade organizations, the Southeastern Underwriters' Association, and 27 individuals with conspiracy to fix and maintain arbitrary and non-competitive rates in violation of the Sherman Anti-Trust Act; Allegations of fixed premiums and rates on fire insurances being sold by insurance companies in Alabama, Florida, Georgia, North and South Carolina and Virginia; Effects of violating Sherman Anti-Trust Act on competition in the insurance industry; Lobbying by fire insurance companies to get judgment in their favor.
ACCESSION #
14687335

 

Related Articles

  • South Korea: Non-Life Insurers Fined for Price Fixing.  // Asia Insurance Review;Jul2007, p21 

    The article reports on the decision of Fair Trade Commission (FTC) in South Korea on the cases of ten non-life insurers. These companies have been fined a combined 50.8 billion won for price fixing. FTC found the insurers had conspired to set premium rates on major products from 2002 till 2006...

  • Exclusive dealing, the theory of the firm, and raising rivals' costs: Toward a new synthesis. Meese, Alan J. // Antitrust Bulletin;Fall2005, Vol. 50 Issue 3, p371 

    The article focuses on exclusive dealing arrangements used in business. It begins by identifying the source of previous and current flawed approaches to analyzing such agreements. Part 1 of the article reviews the law that governed exclusive dealing during the so-called inhospitality era of...

  • Defending the result in LePage's v. 3M: A response to other commentators. Englert, Jr., Roy T. // Antitrust Bulletin;Fall2005, Vol. 50 Issue 3, p481 

    The article focuses on antitrust laws and bundled rebates with reference to the litigation "LePage's Inc. v. 3M." It first highlights the role of economies of scale in analyzing loyalty rebates. There was ample qualitative evidence that the purpose of 3M's various tactics used in the litigation...

  • EXCLUSIONARY CONDUCT UNDER THE ANTITRUST LAWS: BALANCING, SACRIFICE, AND REFUSALS TO DEAL. Melamed, A. Douglas // Berkeley Technology Law Journal;Spring2005, Vol. 20 Issue 2, p1247 

    Discusses a possible approach to exclusionary conduct under the antitrust laws. Description of the problem of exclusionary conduct; Advantages and disadvantages of different approaches to exclusionary conduct; Refusals to deal.

  • EU Launches Anti-Trust Investigation Against Gazprom and Its Affiliates. Socor, Vladimir // Eurasia Daily Monitor;10/5/2011, Vol. 8 Issue 183, p1 

    The article reports on the systematic anti-trust investigation of the European Commission against Russian Gazprom's operations in European Union countries. It states that EU is suspecting Gazprom and the inspected firms of using exploitive practices such as abuse of market dominance, blocking...

  • Collusion in Industrial Economics–A Rejoinder. Feuerstein, Switgard // Journal of Industry, Competition & Trade;Dec2005, Vol. 5 Issue 3/4, p235 

    This rejoinder responds to some issues raised in the comments to my survey on collusion. The focus is on different assumptions on the punishment phase and on some aspects of competition policy.

  • Collusion in Industrial Economics: A Comment. Porter, Robert // Journal of Industry, Competition & Trade;Dec2005, Vol. 5 Issue 3/4, p231 

    This note comments on Feuerstein's (2005) summary of the literature on collusion in infinitely repeated games. It specifically addresses firm asymmetries and settings in which punishments can be asymmetric. Changes in competition policy such as exception from punishment for the first but only...

  • Comments on Switgard Feuerstein's “Collusion in Industrial Economics–A Survey”. Mehta, K. // Journal of Industry, Competition & Trade;Dec2005, Vol. 5 Issue 3/4, p217 

    These comments elaborate on the policy implications of theoretical models and compare them with competition law and practice. In regard to EU merger control it is discussed how case law has dealt with the creation of market structures that would maintain collusion. With respect to leniency...

  • Global Antitrust Prosecutions of Modern International Cartels. John M. Connor // Journal of Industry, Competition & Trade;Sep2004, Vol. 4 Issue 3, p239 

    International cartelists face investigations and possible fines in a score of national and supranational jurisdictions, but the three with the most consistent legal responses to global cartels are the United States, Canada, and the European Union. This paper examines the antitrust fines and...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics