PUBLIC LAWS-CH. 792-OCT. 9, 1940 Casualty. Preoiso. Fidelity or surety contracts. Limitation of risk. Nonappllcability to specified risks. Mirdmum capital and surplus require- ment. Corporations here- tofore formed nature, as well as all and every risk or peril to which the subject of insurance may be exposed, against which it is not contrary to public policy to insure, including every insurable interest therein or in the use thereof, or profit or income therefrom, or legal liability therefor, but not to include injury to the person nor loss caused by breach of trust. (2) CASnALTY. - (a) Upon the health of persons, or against injury, disablement, or death of persons resulting from traveling or general accidents by land or water, and against liability of the assured for injuries to employees or other persons; (b) against liability of the assured for loss or destruction of or damage to property; (c) upon the lives of domestic animals; (d) against loss of or damage to glass and its appurtenances; (e) against loss of or damage to any property result- ing from the explosion of or injury to any boiler, heater, unfired pres- sure vessel, pipes or containers connected therewith, any engine, turbine, compressor, pump or wheel or any apparatus generating, transmitting or using electricity, or any other machine or apparatus connected with or operated by any of the previously named boilers, vessels or machines; and including the incidental power to make inspections of and to issue certificates of inspection upon, any such boilers, apparatus and machin- ery, whether insured or otherwise; (f) against loss by burglary or theft, or both, and against loss of or damage to moneys and securities; (g) to guarantee and indemnify merchants, traders, and those engaged in business and giving credit, from loss and damage by reason of giving and extending credit to their customers and those dealing with them; (h) against loss or damage by water or other fluid or substance to any property resulting from the breakage or leakage of sprinklers or water pipes; (i) to insure against any other casualty risk which may lawfully be the subject of insurance, and which it is not contrary to public policy to insure: Provided,That this section shall not be construed as having any effect whatever upon the right or authority of any solvent company to make contracts of fidelity or surety. SEC. 12 . LIMITATION OF RISK.-No company other than a mutual or reciprocal company doing business in the District shall expose itself to any loss on any one risk or hazard in the District to an amount exceeding 10 per centum of the sum of its capital stock and surplus without the written prior consent of the Superintendent. No mutual or reciprocal company shall expose itself to any loss on any one risk or hazard in the District to an amount exceeding 10 per centum of its surplus without written prior consent of the Superintendent. No por- tion of any such risk or hazard which shall have been reinsured in a company authorized to do business in the District shall be included in determining limitation of risk: Provided, That the provisions of this section shall not apply to the insurance of workmen's compensa- tion, employers' liability, marine, or inland marine risks. SEC. 13. MINIMUM CAPITAL AND SURPLUS REQUREXMENT.- Every stock company authorized to do business in the District shall have and shall at all times maintain a paid-up capital stock of not less than $150,000, and a surplus of not less than $150,000. Every domestic mutual company and every domestic reciprocal company shall have and shall at all times maintain a surplus of not less than $150,000, and every foreign or alien mutual company arid every foreign or alien reciprocal company shall have and shall at all times maintain a surplus of not less than $200,000. SEC. 14. CoRORORATIONS HETOFORE FORMED.- No company shall be exempt from the provisions of this Act by reason of its having been incorporated in the District or elsewhere prior to the effective date of this Act, except that, in the case of companies authorized in the Dis- trict on the date of approval of this Act, and continuously authorized 1070 [54 STAT.