Alaska Earthquake Insurance: Hearings Before the Committee on Interior and Insular Affairs, United States Senate, Eighty-eighth Congress, Second Session, on S. 2719, a Bill to Amend the Alaska Statehood Act (act of July 7, 1958 ; 72 Stat. 339), and for Other Purposes, April 14, 15, and May 5, 1964Considers legislation to authorize retroactive Federal insurance protection to cover damages sustained from Mar. 27, 1964 earthquake disaster in south central Alaska. |
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agencies Alaska earthquake Alaska Reconstruction Alaska Statehood Act amended amount Anchorage appropriate April April 14 April 20 assistance cannery catastrophe Chairman Commission committee Congress Corporation coverage D.C. DEAR SENATOR DEAR SENATOR JACKSON DEISHER DEVEAU disaster insurance earthquake damage earthquake disaster earthquake insurance economy Federal Government flood insurance funds going Governor EGAN hearings homeowner hope insurance companies insurance program KIBRE king crab legislation loans loss March 27 million mortgage natural disasters NELSON Office of Alaska payment percent premium President private insurance private sector problem proposal protection quake reasonable rebuild reinsurance retroactive insurance RIDGWAY risk Seattle SEIDMAN SEMER Senate Office Building Senator ANDERSON Senator BARTLETT Senator GRUENING Senator HENRY Senator KUCHEL Senator MAGNUSON Senator SIMPSON Seward Sincerely Small Business Administration statement Thank tidal wave tion U.S. Senate United Wash Washington
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Page 47 - are hereby authorized to be appropriated such funds as may be necessary to carry out the purposes of this section." [Excerpt from hearings of Feb. 21, 1956, before the Senate Banking and Currency Committee] Statement of Thomas H. Kuchel, a US Senator From the State of
Page 142 - Hon. Clinton P. Anderson, US Senator, Senate Office, Building, Washington, DC Dear Senator Anderson : I am writing to you in your capacity as chairman of the Reconstruction and Development Planning Commission for the State of Alaska, to urge that every effort be made by the use of Federal funds to
Page 93 - issue such rules and regulations as he deems necessary to carry out the purposes of this Act; and (f) exercise all powers specifically granted by the provisions of this Act and such incidental powers as are necessary to carry out the
Page 109 - But Public Law 15 of the 79th Congress provides, "the continued regulation and taxation by the several States' of the business of insurance is in the public interest
Page 93 - the purposes of this Act; fix their compensation in accordance with the provisions of the Classification Act of 1949, as amended; define their authority and duties; require bonds from such of them as may be necessary; and delegate to them, and authorize successive redelegations by them, of such of the powers vested in him by this Act as he may determine; (e)
Page 93 - exercise all powers specifically granted by the provisions of this Act and such incidental powers as are necessary to carry out the purposes of this Act. RESERVATION OF RIGHTS IN REAL ESTATE ACQUIRED Sec.
Page 140 - Director. Whereas a substantial number of Alaskan veterans and their families have suffered losses of their homes and businesses in the recent earthquakes which shattered Alaska and spread seismic seawave destruction as far as California and Hawaii; and Whereas there is pending in the Senate of the United States a bill
Page 19 - off, sort of sympathizing with him, and then I was prepared to come East. When I was driving into the Los Angeles airport to head East, I heard about Crescent City being hit with a tidal wave because of this. So I headed home immediately and saw the devastation in that area. Mr. Chairman, I have a brief statement which I would like to read at the moment.
Page 156 - (1) Making or arranging for surveys and studies to provide data for the development of plans and programs for reconstruction and for economic and resources development in Alaska. (2) Preparing coordinated plans for reconstruction and economic and resources development in Alaska deemed appropriate to carry out existing statutory responsibilities of Federal, State, and local agencies. Such plans shall
Page 93 - (b) The Administrator shall undertake a continuing study of the feasibility of having private insurance companies take over, with or without some form of Federal financial support, the insurance program authorized by this Act. Sec. 17. For the purpose of carrying out functions under this Act, the