Life Insurance Disbursements Highlight 1930s Depression Era
G L Hunt National Chairman notes life insurance companies paid out an average of about 9.9 million daily during the low mood years, with total daily disbursements around 10.9 million in 1928 and nearly 19.7 million in 1933. Policy loans were excluded and death payments plus other benefits reached over 4.9 percent of daily national income.
MENTIONED IN THIS ARTICLE
United States
G. L. Hunt
National Chanrman
Life Insurance Week
Fife Insurance
Hunt
Frances L Cherry Insurance Teaser Ad
Frances L Cherry invites readers in Washington County to review insurance options after a decade in business. Tornadoes on June 13 caused small claims. auto and fire coverage highlighted with emphasis on farm buildings and new household goods protections. Call R46 22 for a home visit.
MENTIONED IN THIS ARTICLE
Washington County
Banks to cut robbery insurance rates 20 percent
Federal law enforcement actions help reduce bank robbery insurance rates by 20 percent across 35 states, saving insurers about 250 million dollars annually. The National Bureau cites Timlock delayed timelock rules and heightened DOJ activity as key factors lowering robber incentives. Banks warned to maintain vigilance.
MENTIONED IN THIS ARTICLE
Federal Department of Justice
National Bureau of Casualty & Surety
United States Department of Justice
Washington Life Payments Rise in Early 20th Century
Washington residents received cash life insurance payments in 1830 about $11.45 per capita, totaling $55,000 to policy owners and beneficiaries. National Underwriter figures show U S and Canada paid $2.8293 billion in 1836, with 1936 state life payments at $35.6 million.
MENTIONED IN THIS ARTICLE
Washington
Arthur F. Hall
Lincoln National Life
United States
Canada
New Life Insurance Sales Rise in Iowa in February
Iowa saw a 24 percent year over year gain in February new life insurance sales, with a 4 percent rise for the first two months of the year. Figures exclude group and industrial policies and cover companies insuring about 90 percent of ordinary life insurance in the United States. Nationwide increases varied by state with Florida up 33 percent and several states showing double digit gains.
MENTIONED IN THIS ARTICLE
Hartford
Conn
Iowa
Life Insurance Sales Research Bureau
United States
Florida
District of Columbia
Connecticut
Virginia
Wisconsin
Alabama
Mississippi
Georgia
Nevada
Massachusetts
Nebraska
West Virginia
Rhode Island
South Carolina
Pennsylvania
Michigan
Insurance Promises to Cover Auto Liability in Iowa
A letter warns Iowa drivers of a contractual obligation when buying a car. It states you agree to pay all hospital, doctor, attorney, court costs, and judgments caused by the vehicle and pledge all property as security. The only escape is insurance, offered by local agencies to assume the risk.
MENTIONED IN THIS ARTICLE
Loca
Hail Insurance Urged Ahead of Peak Storm Season
Local agents warn hail and windstorms rise with hot weather and urge residents to secure hail insurance now. A past Oklahoma City storm caused about 110000 in damage, highlighting the value of coverage and the agents insistence on protection.
MENTIONED IN THIS ARTICLE
Oklahoma
February life insurance sales rise to 487.8 million
Illinois led with 9 percent of nationwide ordinary life insurance sales, followed by Tennessee 8, Arizona and Vermont 7, Maine 6, New Jersey 5, Indiana Missouri and New Hampshire 4 each, Colorado Delaware and New York 3 each, Texas 2, and Maryland Minnesota and Ohio 1. In force coverage accounts for 90 percent of industry. Total February sales 487,819,000 vs 460,463,000 year earlier. First two months total 950,186,009 vs 939,481,000.
MENTIONED IN THIS ARTICLE
Illinois
Tennessee
Arizona
Vermont
Maine
New Jersey
Indiana
Missouri
New Hampshire
Colorado
Delaware
New York
Texas
Maryland
Minnesota
Ohio
United States
High School Students Study Insurance History
In Minneapolis the Marshall High School student committee on business explores insurance education. They examine the story of American insurance companies and their local significance, and also study insurance firms in Canada.
MENTIONED IN THIS ARTICLE
Minneapolis
Marshall High School
America
Canada
Elephant insured in New York to London Lloyds shipment
A London Lloyds rep insured two elephants and rare Saiga antelope in a New York to St Louis cargo worth over 10000. The box car shipment included 2250 on the elephant and 2500 on Saiga antelope with a 700 mental purposes tag. A return voyage of 100 South African and Australian birds is planned to test tropical birds in North American climate from Misa Irene Marpie aviaries Los Angeles.
MENTIONED IN THIS ARTICLE
London
Lloyds
St Louis
New York
Los Angeles
Misa Irene Marpie
United States
Music for Home Sweet Home Composed by Bishop
The music to John Howard Payne's Home Sweet Home was composed by Sir Henry Rowley Bishop.
MENTIONED IN THIS ARTICLE
John Howard Payne
Sir Henry Rowley Bishop
Birds Shipped Between Australia and Los Angeles Underwriters
Shipping birds to and from Australia provides Los Angeles marine underwriters with extra business. One hundred native American birds of all breeds are being sent to Australia for expert handling and acclimation.
MENTIONED IN THIS ARTICLE
Australia
Los Angles Marine Underwriters
Barking dog alarm foils Brooklyn car theft try
A barking collie awakened residents at 3 am allowing three youths to be stopped before stealing a car in Brooklyn New York. Police reported the incident and the suspects were intercepted nearby with the vehicle recovered.
MENTIONED IN THIS ARTICLE
Brooklyn
N. Y
Also Mentioned on This Page
Lali A
Pha
Nal
Frances L. Cherry
Tinsurance
Lemley
G&g Yard
General Insurance
Ulua Liee Insurance Company
Ag 7
George W
Rudiger
Timlock
S.W. Easter
ALA
Northwestern Mutual Life Insurance Co
Eldridge
William G. Eldridge
Donald J. Wheelan
MASS
Mutual Life Insurance CO
Jeffrey
Chas. Kennedy
New England
Virgiia
Kentucky
Paul R
Horak
West Side Square
Mr. Auto Owner
Journal
Congress Hotel
C. A. Art Ruebsam
Ruebsam
Oliver C. Miller
Des Moines
Edna E. Ruebsam
Rodney Arnold
Ralph W. Thompson
Washington Loan & Trust Bldg
Frances L
Seene
C. V. Crull
People’s Life Insurance Co
the Friendly Company
C. A. Ruebsam
Geo. A. Pauls
Triad
Prudential
Life Insurance
Amer.ca
Mast
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