Summary |
The present volume is therefore confined to the insurance of property. The two chapters on marine insurance have been placed at the beginning since marine insurance, by virtue of its less scientific character as well as because of historical reasons, serves as a convenient introduction to the subject of property insurance. Virtually all the succeeding chapters of this volume are devoted to fire insurance, an emphasis which is justified by its relative importance, its elaborate organization, and its many perplexing practical problems. Steam boiler insurance is so largely a loss-preventive service that it is appropriately considered in connection with the prevention of loss by fire. The intimate relation between the subject of prevention of losses and the theory of insurance would have made it desirable to treat these topics consecutively at the beginning of the volume. This arrangement is being followed in the companion volume on personal insurance, but it has been found impracticable here.
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