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Show Page 4 September UTAH FARM BUREAU da "No Fault" lnsurance--l- s Vi AFTER 5HEEP ELEVEN HAVE BEENfilVEM THIS PILL yOl) CANSHEAR'EM BY BARE HANO RUeeiNfr it a Yvl i LJ 1971 ll BE CHEAPER THAN nr llwiRiNGr A PRO AND THEVlL BE NAKED AS MEXICAN HAIRLESS TOOCHES' cure or disease? M. E. Carroll For several years the insurance industry has been under attack. news Articles in weekly magazines, daily newspapers and editorial columns have criticized rates, delays in payments, and have recommended an overhaul of our present system of insurance. Proponements of change feel this overhaul is necessary to restore public confidence in the insurance industry, reduce the rates and satisfactorily settle claims on a more prompt basis. They state that studies show that our auto accident compensation system is working very poorly and very inadequately. Here are a few of the findings which led to this conclusion: Young members of Utah County Behling as the fun begins. 1. Victims of serious crashes and their dependents got back only half of their total personal and family economic losses, and only 40 percent of this recovered money came from auto insurance. Many persons have had to move, borrow money, and change their standard of living as a result of their losses. 2. The average victim with a loss of $25,000 or more recovered only 30 percent, while die average victim with a loss of less than $500 got back more than twice the Farm Bureau gather around Rex amount of loss. 3. On the average, 16 months elapsed between the time of the accident and final payment and even longer when the loss was over $2,500. 4. There are other stories of inflated claims pursued by lawyers with an eye on the 30 percent cut they get of the settlement, of with insurance ad- hanky-pank- y you don't like cracked eggs, this isn't the line to get in when attending Utah County outing. justers, of premium rates rising 50 to 100 percent. Because of legal fees, investigations, court costs, If Utah County at "Grove" inefficiency, and other factors it costs insurance companies $2.20 to pay out $1 in benefits. As a result, Utah County Farm Bureau held there summer outing at Kelleys Grove, above Springville in Hobble Creek Canyon August 19, 1971. About 550 people attended the delightful affair. Chicken was served with all the assessories with sufficient volume to satisfy the appetite of any attending. Rex Behling and Carl Loveless organized games for the younger folks attending. As a part of the fun time and probably the most enjoyed by all was the egg toss. Oh! Some of those eggs were not hard boiled! For the winning pair, the prize was a transistor radio each. Wed have fewer cracked eggs if eggs could be gathered as carefully. The days activity was concluded by a talent contest held in the Spanish Fork High School Auditorium. A goodly number of contestant performed for the pleasure of the audience. officials No-fau- no-fau- lt auto insurance is Carbon County Farm Bureau held their summer outing August 13 at the Price City Park. Jackie Ohman and Mrs. Sharp Bryner lt acted as food committee and prepared and served sloppy joes furnished by the county Farm Bureau. Over 100 attended and enjoyed the social. insurance to cover medical payments and income losses no-fau- lt ' Massachusetts, Delaware, Florida, minds, Oregon and South Dakota on a slight modification in each state. Insurance companies generally are not in favor of the no fault system and argue that the promised rate reductions are They state the no system is based upon a impossible. fault im- Carbon County Hold Outing in- resulting from an accident affecting himself and any passengers in his car. Payments are made to the policyholder by his own insurance company - not, as at present, by the insurance company of the driver held to be at fault. b. The right to sue for intangible damages, such as pain and suffering, is eliminated in most nofault plans until after hospital and medical bills go above a certain amount. Then an individual can hire a lawyer and sue for a larger sum if he suffers physical injuries greater than the policy provides. c. Present plans generally apply to bodily-injur- y claims for car drivers, passengers, and pedestrians. Plans adopted in Florida and Delaware go a step further in paying for some damages to vehicles or other property. The system is currently apin and proved adopted ult plications in the future with respect to our freedom. It well might be that the medicine being proposed to cure the insurance industry may end up being a serious disease which could erode the basis of our sodetv. tended to speed settlements after an accident by doing away with the need to decide who was legally responsible before payments are made to victims. Though there are variations in the system its general framework is this. a. Each motorist carries liability Utah County Young Farmers and Ranchers and Utah County Farm Bureau took part in the 1971 Utah State Young Farmers and Young Homemakers Summer Field tour. The tour was sponsored by the Spanish Fork and Payson Chapters and was supported by about 100 couples attending. Points of interest visited included field crop test plots, Olsen Brothers pelleting machine, farm enterprises of Marion Sorensen and Ralph Henderson, as well as a visit to a cheese plant and bakery by the Young Homemakers. The tour held August 6 and 7 in Spanish Fork was served watermellon donated by Utah County Farm Bureau. no-fa- no-fau- in many states are lt manufacturers of automobiles which are easily damaged and expensive to repair, and which have not been designed or manufactured to protect the passengers from injury. They will state that the rates are the result of what they must pay to settle claims, and that the cost of inflation and staggering repair bills have created the rise in rates. However, it would appear that the greater danger of the coverage is not in the insurance field at all, but rather its impact on our American way of life. Our Country was founded on the basis of liberty and in dependence and with the basic premise that persons damaged by an action of another could take its grievance to a jury of its peers and receive justice. The lt system would eliminate basic responsibility for ones actions in the American American Trial Lawyer inAssociation calls surance a tax to take money away from the innocent in order to pay benefits to the guilty. The insurance companies argue that high rates have been caused by society and has broader predominanty no-fau- Utah County County President Eldon Money, Sharlene Money, Cumorah Holdaway, and Betty Giilman serve watermellon at Young Farmer Tour. two-mont- working closely at what is called lt coverage as a replacement for the present method of processing accident claims, which often results in lengthy trial before any money is paid out. Here is how the no fault system w;orks: no-fau- UYF in concept which is inherently unsound. They argue that anyone who cares to take advantage of the new law might do well, say, to go out and buy an automobile of recent vintage and drive it straight into the nearest telephone pole, being' careful not to hurt himself too badly. He could then take off for a h vacation to nurse his in the knowledge that sure wounds, he will automatically collect up to $2,000 for his losses, including medical expenses and lost wages, since fault is no longer a factor in settling claims up to that amount. Richard Marcus, president of the and Phil Smith enjoy getting their servings along with LaMar Monroe. Lorene QUALITY DISCOUNT PHOTOFINISHING KODACOLOR Leadership Dinner In Oak City Millard County Farm Bureau leaders met in Oak City August 26 for leadership and social purposes. It was planned that a luncheon would be held in the canyon atxve Oak City but the annual storm' cloud arrived on schedule and discouraged the activity and it was held indoors. The storm was a little deceptive it was found too late because rain didnt occur in the canyon area where the meet was planned. President Dix Monroe reviewed with the leaders and wives the impact that would result from incorporation of the new Land Assessment Act of 1969. Applicants for such treatment as applicable under the law have to apply by October 1, 1971 to be covered without penalty. A $25 penalty will apply for those who signup during October. 12 EXP. - $2.97 20 EXP. - $4.49 Dev A Printing KODACHROME 8 MM Super 8 20 Exp. Slide $1.49 BLACK & WHITE 12 EXP. .99 Dev A Jumbo Prints JUMBO KODACOLOR REPRINTS Black .1 9Each White Copy Copy Negative .35 & 3frx3Vfr or 3toxS .08 Hank's Photo Service P.O. Box 9099 Salt Lake City, Utah 84109 Utah residence add 4Vi percent sales tax No. C.O.D. . |