Salt Lake Herald-Republican | 1916-12-24 | Page 21 | James Proposes New Deputyship

JAMES JAl PROPOSES NEW Ins Insurance u ran c e Commissioner Says Growth of Business Necessitates Extra Officer Growth In business In the tho state department department de de- de- de of or Insurance leads John James commissioner of Insurance to recommend tho the creation of or the office of deputy deput with a salary of or 2 2600 00 and an advance l In the tho pay ply of OC tho the commissioner com corn missioner lonor from 2 2300 00 to 3 OO per year ear earIn In his biennial report filed We with the governor yesterday The receipts of ot tho the office for tor tho the past two years ears Mr Ir James says sas aggregate The receipts receipt during tho the preceding biennium were wert showing a a. gain of 1 7 l Expenditures for tho the conduct of ot the theoffice theoffice theoffice office for tor tho the past two years tot totaled Expenses of tho the department during the preceding two years ears were There Thero are companies operating In Inthe inthe the tho state Including fraternal organizations organizations organizations with Insurance features Of these 4 48 41 arc life Ufe 12 fire Ire 3 30 fraternal ll 10 casualty and miscellaneous 1 assessment assessment assess asseS ment life lito and 2 accident and health concerns Of the C companies operating In the stat state 13 were admitted I to the tho a durin during Mr Ir James James' regime ree In the tho past two years Half of People Insured l. l Life Lito policies In force torce in th the state when last enumerated aggregated Mr IJ James Jame estimates that there thereaN are aN half halt as man many policies in force In Inthe the lie state as there are aro people In the slate state In other words he ho says ays half tho ho people in tho the state carr carry a ance Mr James recommends the appointment appoint appoint- ment meat of oC a committee of oC five the to codify th the Insurance laws of ot the tho state He lie Hell ll declares clares the existing statutes are uro fra fragmentary frag frag- montary and Inadequate Ho lIe suggests that the committee bo be composed ot of the state commissioner and a representative lye tive from each of or the tho four tour lines of ot In InSUrance In- In Attention Is called to the probable adoption of ot the workmen's compensation act lct and the suggestion is made that provision be lie had for tor carIn carIng car- car In lug Ing for the thu hi additional work It will bring to the department Mr lr James Jume concludes his hie report with the sug suggestion that the Interest of or the tho pu public could bo better served If the powers of oC tho commissioner were enlarged enlarged en tm- that ho might have o a freer han hanIn hand handIn In controlling tho the formation of oC new companies