http://worldcat.org/entity/work/id/1344082

Employee group property and liability insurance

An attempt is made to establish a theoretical foundation for group property and liability insurance and to advance the general hypothesis that the principles used in installing and administering group life and health insurance are applicable to the installation and administration of group property and liability insurance. A survey was conducted to update and advance information regarding employee group property and liability insurance, to study applicable legislation and develop new legislation, and to consider the effects of implementing the insurance. Insurance commissioners, agents and brokers, all-line insurers, organizations interested in group property and liability insurance, and university of oregon faculty and staff members were surveyed by questionnaire. The results of the investigation show that (1) in all the states of the union, the underwriting of group property and liability insurance is illegal under state law, not allowable under insurance commissioners' rulings, or discouraged, (2) about one-third of the agents and insurers would not write this insurance if it were legal, (3) organizations generally want low cost business and professional insurance coverage tailored to their individual circumstances, (4) only 70 percent of the eligible insurees at the university of oregon desire one or more of the coverages offered, and (5) the principles used in group life and health insurance installation and administration are applicable to group property and liability insurance installation and administration. A model group property and liability insurance bill, representing the knowledge and information available, is developed for the use of the various states as they see fit, when and if they draft their own group property and liability insurance legislation. This document is available from the bureau of business and economic research, room 361, commonwealth hall, university of oregon, eugene, oregon 97403, for $4.00. (hw).

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