Show I I OVER HALF BILLION PAID POLICY HOlDERS Lifo Life Insurance organizations org of or th the tho United Stat States os and Canada distributed In 1911 according to computations b by the Insurance Press Prees Tho The payments In the two countries A to beneficiaries for tor death claims matured endowments and other benefits under the policies of oC level lo premium companies and the certificates certificate of or various lifo life insurance organizations organization assessment and the like like amounted amounted to The Time estimated total of th the amounts paid b by re regular ular companies In dividends to policy holders for surrender surrender surrender der values alues to annuitants and on ot claims In foreign countries was All benefits under policIes death death claims endowments dividends dividends In In tho the transactions of regular life Insurance companies Increased a ed In 1311 1911 The amount of Insurance written and revived ro ro- ro by the re regular ular companies alone Ilono was neal nearly or about more than In 1910 Something g 01 ot of an Index to th the gen en- en oral business conditions of ot the tho Is tho the amount of or lifo life Insurance that Is surrendered or allowed to lapso lapse Te Tie disbursements In 1911 of tho the companies that report to the tho Ne New York Insurance department for tor lapsed surrendered and purchased policies reached 7 an Increase of over oer 1910 This compares with a decrease of In 1910 an nn Increase of or In 1909 and an In Increase of 1 of ot 1908 More otoro persons found It necessary to le lego lego let leto t go o of oC their life lIfo Insurance policies in 1911 than In 1910 althou although h financial pressure of or the other causes causeR flint compel compel com corn pel tho the surrender of or life insurance were not riot HO so Intense nor so generally operative oper oper- o atio In 1911 as in 1910 Of or the of policy loans outstanding outstanding out out- standing on December 31 81 31 1911 was Incurred In tho the year six po- po nod 1911 1907 both inclusive was Incurred prior to 1906 Warnings Warning From Froni Insurance Departments Department nt While the tho formation of new lifo life In Insurance Insurance insurance In- In companies will take place whenever and wherever er opportunity or demand lemand for such puch enterprises enterpriseR seems to exist the reckless promotion of or Insurance Insurance ance anco companies Is to bo be frowned upon Indeed the Insurance departments of ot tho the different states have havo done their duty luty In warning tho the people against schemes that have ha no rio promise of or advantage advantage ad ad- vanta vantage e or profit In them except for Cor the promoters promoter Twenty five new lifo life In Insurance In- In insurance companies began hegan business in tho United States In 1911 against hven- hven tv nine In 1910 In tho time two years 1911 1910 Texas produced eight new nev companies comp Illinois six Oklahoma four California three Michigan an three and Ohio three Arkansas Colorado Georgin Georgia Geor Geor- gia gin Indiana Kansas Minnesota Penn Penn- sylvania Washington and Wisconsin produced two each Florida Idaho Kentucky Missouri Montana Nebraska No- No braska North Dakota Utah and Virginia Virginia Vir Vir- ginia produced one each Appreciation of f life lite Insurance for th protection of business Interests showed a mm stead steady gain In 1911 Chief executives and managers of departments and corporation cor- cor on whose energy eners and ex ox- successful transactions de depend do- do pend took Insurance against the contingencies con con- of or financial loss and Interruptions Inter inter- of or operations In the tIle event of ot ofden den death th Conservation of ot Lift Life mill nd Health Last year ear was a n. period of extraordinary Unary pro progress ress In the social service ser which life liCe Insurance companies havo have now made a. a part of oC their work Time The movement for Cor or th tho conservation of life Ufe and health healt la is supported support d b by Insurance corporations The medico actuarial In Investigations In- In ve and tabulations that havo have been going oln on for tor three or four tour years rs aro are nearing completion and surprising facts and valuable deductions may he be announced In the time near future future future-es- es especially regarding tho time effects of ot climate cli climate climate cli- cli mate and occupation upon longevity lt Fraternal insurance orders are arc passing passing pass pass- In ing through an tn loch of or stress anti and re reconstruction reconstruction re- re construction and disruption appears appears appears ap ap- ap- ap pears to be bo the fato o of some of them Insurance Io Investment by hy Sections Section The g geographical distribution of oC the Investments of life lite Insurance companies shows that tIme tho Investments Investment are arc heavily In n of ot the amounts of ot the policy r reserves reserve In every cry section except N New Naw w wEn En England land end and the gulf and Mississippi valley alloy allo group roup of ot states In New Eng Eng- land the Investments approximate f r. 2 1 per er cent of the local reserve reserves while Inthe in inthe the tho gulf an and Mississippi valley the tho In Investments investments investments in- in vestments are arc 98 per cent of the tho local reserve Tho The section most mORt attractive for tor Investments I IK is tho the northwestern group roup of or states here re the Investments equal per cent of ot tho the local r serve orve Nearly of or life In Insurance insurance In- In funds are aro accounted for tor In tables ables showing the investments by groups of or states r I Payments of ot o or more mora on single Ingle ln lo hives 1 wore recorded In numerous I instances Tho TIme lar largest est Insurance payment Int ing fr th the tho year was wan as In New Orleans Frank r r. Howard a n man of or r lC largo large e wealth carried life lit Insurance amounting amount amount- In ing ncr to at the time of his death Although a vcr very ory rich man Mr HO Howard waS a a. a believer In life lite Insurance He was prominent In tho the public affairs of ot Now Orleans and was WaB behind many mans movements for tor tho ho welfare of tho the corn com Ho gave to tho the city of ot Now New Orleans a 0 valuable and end extensive 11 library known aa l tho the Howard II library Ho lie gave a building in a n conspicuous part of tho the city to the Confederate veterans to be used as s a n museum |