Saturday news. (Watertown, S.D.) 19??-19??, 1913-07-24

Adyanee Repsrt of Conlni.,i .,ioner
q Insurance Shows ,sS3
S. ma
LIFE INSUR RAlCE IN TllE FAD
There i an lncrease 81 Nearly VI!
Half Million Dollars
Over ISL

q Pierre. July 2e From the advance
sheets Of the report of the state
sui assc E depart rtment II is shown that
the people Of soutl, Dakota tor the
year ending December Al last paid
So, 9s8, ,s64 for insurance az AL classes.
or more than Ven dollars for each
resident Of the state under the last
census figures OF this the greatest
amount was for life insurance il vari
oss forms either old line er aternal,
that taking over four million dollars
of the sum paid out, This amount IS
an increase of practically Il half nh s
lion dollars over the amount paid Tor
insurance the previous year
Foreign flre companies show risks
written % the amount Of 81 q, 4 9S, ,s8S !
an increase of practica Il II eleven mil
lien over the previous ear, MI pre-
MUM receipts Of ,s5o s25s and LOSSES
paid Of l,0s4. .42t the losses being
practically three ssnnared Thousand
dollars greater than for the previous
year. not q very good showing along
that line.
The South Dakota stock tare com
panies show risks Of s6, z 40, ,25 near
lly two million dollars greater than
Tor the previous year Their pre-
MUM receipts we're 81 lI66, ,s5'64, and the
loases s57, ,ss8. or more than hundred
per cent greater loss than for the
previous year,
The South Dakota mutual fins COM
panies show risks to the amount of
1926. .ss6, with premiums Of s2og, NJ
$50, and ioses a.;
crease Of about thousand doflla
The South Dakota county and tow Il
ship rnItuals show risks of sS,S66,ss66 !
with receipts of ss75,sss, and losses
paid Of sb4, ,062, "a decrease of six
thousand dollars over the preyioss
year.
These figures show the payment or
fire losses in the state for last rear;
.of$ $2s ,5ss, which Is certainly II ARE
waste II worth consideration ID
h The foreign life com panies til the
state are carrying risks to the amount
lof Il, ,565 $40, on which they received
premiums for the year OF 81. .S9S,5g4,
and paid losses Of $s77. .3s75. The bust
ness Of the year was practically d
million dollars in excess Of that OF
the preceding year
" The South Dakota life companies
show total risks OF q, ,Ss4 ,24e, with.
.premiums of 1891 ,61 8, and losses paid
of s42,446. as,s--
s The foreign fraternal companies op-
Grating in the state show certificates
In force To the amount Of SOL, All $50,
with receipts Of s604,12S. and pay
ment Of Losses amounting to 1894, ,9a1.
~ The South Dakota fraternals carry
certificates TO the amount OF $22, ,432.
260 on which they received premiums
to the amount Of s352, ,667, and paid
losses amounting TO- s267, 500. The
business Of both the foreign and state
fraternal associations show de-
crease over that of the previous year.
i Foreign accident and health com
panies received premiums Of $106, los
and paid losses Of $47,2S7. while South
Dakota health and accident compan-
les received premiums Of ss,z24, and
paid losses amounting to 1864.
4 Foreign miscellaneous companies
received premiums on their business
for the year, Of s1s0,324, and paid
losses in the state of s106,94S, while
South Dakota miscellaneous compan-
les received premiums Of 500, ,2l3, and
paid losses OF $fs,5lS.
The general situation shows an in
crease in the business OF the fire
companies, with heavy increase In
losses paid, with an increase of busi-
ness on the part Of old line life com
panies, with smaller payments Sor
losses, and a decrease III the business
done by the fraternal life companies.