Show STATE INSURANCE LA LAW INADEQUATE JAMES SAYS Increase of Salary for Commissioner Commissioner Com Com- missioner Recommended Receipts Increase Because the p insurance lawis law lawis lawis is fragmentary and inadequate John James Tames insurance commissioner recommends that the legislature ap appoint appoint appoint ap- ap point a special Insurance Co Code e commission com com- mission to rectify defects in the ent s system stem and outline changes for a better insurance unity in the state of Utah It H is suggested in the report of ol the commissioner that the legislature ap appoint appoint appoint ap- ap point five lve members to serve on such sucha a board without remuneration the board to consist of the state insurance I commissioner and representatives from I four foul of the principal branches of in insurance in- in that is life fire casualty and fraternal divisions FIRE MARSHAL LAW The commissioner favors the en ct- ct ment of a fire marshal law having for its object certain po powers ers looking to the examination of premises of various kinds where there Is any danger of fire I hazards and to work for better co cooperation cooperation cooperation co- co operation in the matter of fire pro pre I venti on At present there is no provision in inthe inthe inthe the Utah insurance law giving the commissioner supervision over the formation formation for for- mation nation or promotion of insurance con con- cerns Such power is sought A deputy for lor the office is requested at a sa salary ary of 2000 a year rear It is suggested that because of the increased duties of the office the state insurance commissioners commissioner's salary be in increased increased in- in creased from the present 2500 to 3 OO per annum j in-j A A. change in the expiration date of the commissioners commissioner's terms of office Is I suggested At present the term of office office office of- of fice expires in March l during the middle of the season when the insurance insurance ance companies of the state are filing their annual statements with the de de- de CHANGE INTERRUPTS WORK I S. S By changing the department nt at this season of the year it seriously interrupts interrupts interrupts inter inter- the continuity of the office routine according to the report Both the state and the incoming incumbent would be better served if the expiration were postponed until the companies have filed which is usually some time in June v In checking up the number of life insurance policies in forc force in Utah It has been found according to the report the they total or nearly one half of the population of Utah The total receipts of the department for the two years amounted to as against during durin the the preceding preceding biennium an increase of The expenditures for the period were I as against during 1913 I 1914 t 1 Iere are insurance companies doing business in Utah to date Of this I number th there re are 48 life companies fire 40 casualty and miscellaneous ous companies 30 fraternal orders one assessment as assessment as- as life company compan and tw two assessment assess assess- me merit ment t accident and health companies Since the the filing of the last report companies have been admitted to practice practice practice tice in the state |