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1962 Ins. L.J. 1 (1962)

handle is hein.journals/inslj24 and id is 1 raw text is: ... courts of justice ought not to be puzzled by such old scholastic questions as to where a horse's tail begins and where it ceases. You are obliged to say, 'This is a horse's tail,' at some time.- Lavery v. Purssell, 399 Ch. JOUR-AL D. 508, 517. © 1962, Commerce Clearing House, Inc. All rights reserved. Printed in the United States of America. TABLE OF CONTENTS JANUARY, 1962 ----------- NUMBER 468 In T h is Issu e ..... ........ ...... ........... ......... ... ..... 2 T h e C ov erag e .............................................. 4 The Basis of Strict Products Liability ........ by Reed Dickerson 7 Insurance Agencies-Income Tax Consequences Upon Termina- l tion of Agency Business ............ by Edward G. Hearn 16 How Much Is a Good Wife Worth?. .by Thomas F. Lambert, Jr. 33 Subrogation Investigations of Fires and Explosions ............ ................................ by Edm und W . Sinnott 41 What the Courts Are Doing N eg lig en ce . ............ .. ...... .... ..... ..... .......... 4 5 A u tom ob ile ............................................. 49 Life, H ealth- Accident ............... .................. 53 F ire and C asualty .. .................................... 56 P roduct L iability ....................................... 59 W hat the Legislators Are Doing .............................. 63 IN§UlRANCE LAW JOURNAL, published monthly by Commerce Clearing House, Inc., 4025 W. Peterson Ave., Chicago 46, Illinois. Subscription rate: $12.50 per year; single copies, $1.25. Second-class postage paid at Chicago, Illinois. Number 468, January, 1962.