Show HEIRS OF UTAH I F HEROES BENEFIT BY Insurance allce Commissioner er Vi T Wells ells Stat States s Died Diel l lI in World War WarIn I In the w world war ar 60 Utahn who carried war war risk Insurance made mado tho tho supreme sacrifice A Awards wards made to beneficiaries amount to more than 5 6 This sum will be distributed in monthly payments over o a period of twenty years cars There were men from the Who carried war Insurance insurance ance amounting amounting- to This Information Is given s in the an annual annual annual an an- nual rep report t r-t of Rulon S. S Wells VeIls commissioner commissioner commissioner com com- missioner of oC Insurance for tor Utah submitted submitted submitted sub sub- to the tho governor ye yesterday The Tho report co ers tho the year ear ending December December Decem Decem- ber 31 1918 I 42 Companion Report During the tho year the thore o a were companies reporting to tho the commissioner commissioner commis commis- divided Life Lito Insurance 47 17 fire firo Insurance surety companies companies companies' com com- panle 17 fraternal benefit societies s. s 32 miscellaneous 25 Of OC this number number number num num- ber there are aro five the companies organized under the Utah laws laws which transact business In m many nj other othor states The They have hwo deposited with tho the commissioner securities to tho amount of of ot which two of oC tho the companies securities securities securities ties consist entirely of ot Liberty bonds For lor the protection of or registered policies poli poli- two cies-two cies two of or tho local companies made special deposits of ot making the total amount oC of deposits Registration of oC policies was discontinued discontinued discon discon- In n June 1917 I Comments On New Laws Commissioner Wells devotes a chapter chap- chap tor ter to legislation which was enacted by br the tho Thirteenth legislature and nd gives a brief resume and comment of the laws passed In that 1918 completes the first ton ten years of tho existence of ot the department department depart depart- ment mont figures are presented showing tho the receipt and expenditures each year tho the gross ross total tota for ten years ears being receipts 7 expenditures 63 while the tho Increment to tc tho the general gen gen- general general eral fund has aggregated Premiums Pol Paid 0 Regarding the business transacted by the tho companies the tho report shows that during tho the year ten-year period the risks In life Insurance nce written aggregated gated premiums received losses losses' paid This latter amount represents the death claims but does docs not give the tho the to total to to- tal bene benefit lt to policyholders holders as matured endowments and cash surrenders must be bo added and a further addition of ot the present cash surrender value on en tho the Insurance now In force In order to arrive at the tho total bene benc- II fits t Business of tho the fire tire Insurance companies companies companies com com- In tho the year ten-year period amounted to premiums coU collected 12 1 and losses incurred aggregated re gated Fraternal 11 Insurance RUka SUret Surety and miscellaneous insurance companies received In premiums 6 while losses paid amounted to 90 I Statistics for tor fraternal Insurance companies dato from 1911 when the fraternal insurance law was passed Therefore In tho ho year eight period the certificates written were for Cor the tho assessments received 1785 and tho the losses incurred tho the certificates In force on December 31 n. n InS 1918 numbered carrying risk totalling I |