Salt Lake Telegram | 1935-05-21 | Page 10 | Utah Insurance Data Reported

UTAH INSURANCE DATA DA T A REPORTED If Ie all the life lite Insurance in force in n Utah at the end of 1934 had been dis dis- equally among residents of the he state each man woman and child woud have received That wa was indicated Tuesday in the annual report of Ellas ElIas A. A Smith Jr state insurance commissioner The total in force was compared with ut at the close lose o of 1934 However there were policies in force in 1934 com corn pared with in 1933 Mr Smith recommended in his report report re- re port ort a recoding receding of state insurance laws aws asserting present statutes do donot donot donot not provide su sufficient protection to I policyholders and companies A total of policies aggregating aggregating agre- agre gating were written in 1934 compared with amounting amount amount- ing ng to lo in irs 1933 Premiums collected totaled 8 8 and a l total of was wa paid beneficiaries in 1934 Domestic fire insurance compa companies had hid insurance in force forcen lin in n 1034 1934 collected and paid in losses Foreign fire ire insurance companies had lad in force and arid collected in premiums