But could the gain of the insurer be a doubtful point, there is a certain advantage to the nation by the money paid for commission, brokerage, stamps, and the credit of the premium deposited here.

But there will always be circumstances in which there can be no security against frauds, but common faith; nor do I see how we can secure the insurers against the possibility of being defrauded.

The insurers, startled at a demand so unexpected, inquired into the affair with all the industry which its importance might naturally incite, and, after some consultation, determined to try whether the ship might not be refitted and brought to Britain.

It is discovered that the loss of the Spaniards is to be repaid, and, perhaps, sometimes with interest, by the British insurers.

If our insurers gain by securing the ships of our enemies, the nation is benefited, for all national gain must circulate through the hands of individuals.

No man will assert that we ought to assist our enemies, nor will any man imagine that we assist them by impoverishing them, and if our insurers gain by their practice, the Spaniards must undoubtedly be losers.

If our insurers are defrauded by foreigners, the nation is then, indeed, more nearly affected, but even in that case, it is to be remembered, that the private interest of the insurers, who must be immediately ruined, is a sufficient security for the publick.

If our insurers are defrauded by foreigners, the nation is then, indeed, more nearly affected, but even in that case, it is to be remembered, that the private interest of the insurers, who must be immediately ruined, is a sufficient security for the publick.

The true state of this affair is, that frauds are, indeed, often committed, and are for that reason always suspected, and that the insurers, when they insure the ship and cargo against accidents, reckon, among other chances, the probability of being cheated, and proportion their demands, not only to the length and danger of the voyage, but to the character, likewise, of the man with whom they contract.

Thus it appears, that notwithstanding the ease and safety with which the present methods of insurance admit fraud to be practised, the insurers, by a proportionate degree of caution, secure themselves from being injured, and, by consequence, the nation.

He has distinguished between the conduct of experienced and unskilful insurers, with how much justice I shall not determine.

If I arrive safely at the port, I shall dispose of my commodities with uncommon advantage; if I miscarry, the insurer will at least suffer with me, and be deservedly punished for his suspicions and extortion.

The practice of insurance, my lords, whether it contributes or not to the number of the captures, undoubtedly increases the clamour which they occasion; for as the loss is extended, the complaint is multiplied, and both the merchant and insurer take the liberty of censuring the conduct of the naval officers, and of condemning the measures of the government.

"The insurers will raise a question about paying for a craft that has been rebuilt in this way, and the Vineyard folks will be sartain to put in a claim of salvage, both on account of two of their hands helping you with the work, and on account of the materialsand we with no cargo, as an offset to it all!" "No, deacon, it is not quite as bad as that," resumed Roswell.

Let us suppose that the following instance had been recorded by a writer of the highest reputation, "that the master of a ship, bound to the western colonies with slaves, on a presumption that many of them would die, selected an hundred and thirty two of the most sickly, and ordered them to be thrown into the sea, to recover their value from the insurers, and, above all, that the fatal order was put into execution."

But, unfortunately, there were no Life Insurance Companies among the Macrobians, and therefore nothing to bring down this formidable average to a reliable schedule,such as accurately informs every modern man how long he may live honestly, without defrauding either his relict or his insurers.

In view of what has been said there would seem to be no ground on which to raise a liability of the United States, unless it be the assumption that the United States are to be considered the insurer and the guarantor of all claims, of whatever nature, which any individual citizen may have against a foreign nation.

Faith is the best insurer of thy bliss; The bank above must fail before the venture miss.

The Lord is my Banker, my Helper, my Insurer, my Deliverer, my Patron, and my Blessed Savior of temporal things as well as spiritual.

It is true, Friend Abraham White and his partners had received back their money from the insurersthis fact Bridget remembered to have heard before she left home; but those insurers, then, had their claims.

But the property had all been transferred, to the insurers by the payment of the amount underwritten, and Mark made his report at the office.

There was no necessity for his telling the insurers anything about the Peak, for instance, and on that part of the subject, therefore, he wisely held his tongue.

The property used, Mark said had been appropriated to his wants, without going into details, and the main results being so very satisfactory, the insurers asked no further.

In like manner the exemption for contributory negligence has been pared down and the liability for dangerous or defective appliances increased, practically to the point that the master becomes the insurer of his machinery in this particular.

Imagine for a moment five million tons of shipping detained, thousands of seamen reduced to want, the trades of the ship-builder, joiner, rigger, and sail-maker stopped, the masses of produce now seeking the coast for shipment arrested on their way by the entire cessation of demand, the banker and insurer idle, the commissioners of bankruptcy, the sheriff, and the jailer busy.