Summary |
“Risk Appraisal” (1954), completely revised and reset, takes cognizance of an underwriting renascence in the last ten years. Truth is there had been a noncommendable complacency about selection of risks, an attitude of dogmatism, an absence of desire to re-examine current practices in light of advances in medicine and industry and public health. There are some who believe that underwriting has achieved broader concepts in the last decade than in all the years before. If so, credit field underwriters, many of whom can debate insurability as intelligently and searchingly as many in home offices. Credit reinsurance companies who discuss frankly their actions and beliefs with underwriters of other companies. Credit brokerage companies who, with full knowledge of past experience and alert awareness of current trends, have had competitive urge to view every case openmindedly and broadmindedly.
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