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Underwriter   Listen
noun
Underwriter  n.  One who underwrites his name to the conditions of an insurance policy, especially of a marine policy; an insurer.






Collaborative International Dictionary of English 0.48








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"Underwriter" Quotes from Famous Books



... decision, however (in 1852), Justice Cushing, of the Supreme Court of Massachusetts, in Scripture vs. Lowell Mutual Fire Insurance Company, somewhat anticipated later definition, and pronounced for the liability of the underwriter where all damage by the explosion involves the ignition and burning of the agent of explosion. That is, for example, the insurer is liable for damage caused by an explosion from gunpowder, but not for an explosion from ...
— Scientific American Supplement, No. 288 - July 9, 1881 • Various

... owner of the contributing interest, ship, goods or freight. But in practice the contributions are paid by the insurers of the several interests. Merchants seldom have to concern themselves with the subject. And yet in an ordinary policy of insurance there is no express provision requiring the underwriter to indemnify the assured against this liability. The policy commonly contains clauses which recognize such an obligation, e.g. a warranty against average "unless general," or an agreement that G.A. shall be payable "as per foreign statement," or "according to ...
— Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 1 - "Austria, Lower" to "Bacon" • Various

... much speculation in his lifetime, and, curious to say, in the year 1771, it was proved to the satisfaction of a jury, on a trial before Lord Chief Justice Mansfield, that the Chevalier was of the female sex. The case in question arose from a wager between Hayes, a surgeon, and Jacques, an underwriter, the latter having bound himself, on receiving a premium, to pay the former a certain sum whenever the fact was established that D'Eon was a woman. One of the witnesses was Morande, an infamous Frenchman, who gave such testimony that no human being could doubt the fact ...
— Strange Pages from Family Papers • T. F. Thiselton Dyer

... Judicial Court, and the following sentence imposed: "That they should stand one hour in the Pillory in State Street on two several days, be confined in Prison for the term of two years, and pay Costs of Prosecution." Considering the magnitude of the crime, this was a light sentence. An underwriter in the "Chronicle" says: "It is a transaction exceeding in infamy all that has hitherto appeared in ...
— The Olden Time Series, Vol. 5: Some Strange and Curious Punishments • Henry M. Brooks



Words linked to "Underwriter" :   insurance agent, insurance underwriter, broker, insurance company, general agent, agent, insurer



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