Show INSURANCE HEAD ISSUES REPORT R E P 0 R T in Life Policies Policies Poli Poll cies des Purchased by in 31 1930 Utah citizens purchased worth of ot life insurance in the thc cal ca'l years ears 1930 93 and nd 1931 the he annual report of the state insurance commissioner J. J G. G shows Of this amount was taken in 1030 1930 and the remainder in 1931 The strength and dependability of insurance in times of or economic instability in instability instability in- in stability was vas p out by Mr Me- Me in his report This is a time lime when every Insurance insurance insurance ance official and agent should be proud of or the institution with which he i is connected Public confidence should be maintained No consideration tion will be given to the agent who spreads suspicions or raises doubts about companies meeting the requirements require require- ments meats of oC the law and in good standing with this department his report reads In 1931 paid to insurance companies as premiums This figure exceeds the 1930 total by nearly The total amount ol of life insurance in in- effect is 3 Foreign companies or companies outside the state continue to carry the bulk of or the business In 1931 foreign companies received 04 In premiums as compared with paid to domestic insuring insuring ing tog corporations Assessment companies com corn panIcs collected Foreign companies showed a gain o of about in premiums over their 1930 business domestic companies gained and assessment companies show a decrease of In 1930 the foreign companies wrote 46 worth of oC life in- in Continued on race ae Fifteen I INSURANCE HEAD r i I ISSUES REPORT I I Continued From Page Tice Eleven and in 1931 Domestic Do companies wrote in 1930 and In 1931 I Fire companies received 1996 in premiums in 1930 and paid out In losses In 1931 these I companies took In 1934 In premiums pre pre- premiums and paid out in I losses In commenting upon the strength of insurance com companies panics Mr said Of Ot Of the companies admitted not lot one has failed to meet Its ties Ics The life insurance companies I have not only paid promptly death and disability claims but have also 11 been able to meet a demand for lor premium pro pre loans far in advance of ot an anything anything any any- thing previously experienced |