The Bridgeport times and evening farmer., 1921-08-30
MOTOR GAR VVREAkS
 BILLION LOSS YEAR
12,OOO Deaths and 1,5O0, 900 Serious Injuries Its
 Toll in 1920.

New York. Aug 3o-Automobiles caused 12,000 deaths and 1,5oo,o 900 non-fataI but serious injuries in the United States in 1920, according to Insurance Press. Economic losses resulting from disabilities caused by the automobile in the year including property damages and incidental declared.
 Entirely eliminating the casualty companies says the magazine. upon l which doubtless the claims resulting and heaviest, and limiting the losses from death only to companpes trans acting exclusively life insurance,
 close estimate has been made that surancs companies fin death claims from automobile fatalities during the year 1920"
 While considered extraordinarily | large for a single class or fata4lleS l this amount is only small part or the total of life insurance dfstr1Du- tions for 1920, the total for that year l for the United States and Canada oe. ing estimated at s1,o92 ,oe6. 44. @ l this sum, says the Insurance Press death claims, matured endoW1nents and annufties amounted to S67S,zoo;- 900. Payments in dividends to pol l icy holders and for lapsed, surrenoer ed and purchased policies aggresaDeo s3o3, ,5oo,00O, and the comrnuted value
 of Insurance claims awarded for the
 year by the Bureau of War R!sk In-
 surance amounted to s1os. s.s66,4s4. | S555.OOO Largest Claim in Year. | largest among the death claims
 settled in the year was the S565 ,ooe
 paid to the renefciaries of Wellace L. Pierce o5s < oston, who e the
 president of tte $. s. Pierce company, an importing and grocery firm and also a director of the Equitable AS sTrance society of New York and o1 inc New England Mutual Life.
 no1ic,es naid was that of Richmond Teverin1 of New York, who carried | s52s. .0O0 insurance. MT lowering
 who was only 29, was an oil promo,
 ter and the president Of Rnchmono aons
 Tbe Tbee' Press Pre- says his "estate was de prfved of s700,ooo additional life in surance through his failure to sign and pay premiums on pohc1es TOT
 was stricken with fatal attack of inuenza.
 Third in amount of the years large death claims was the s465,o00 paid to the heirs of Jake L. Hamon or Aro'
 more, Okla. who was the Repepn- Oklahoma and a prominent oil and railway capitalist. One of his poli- cies. calling for s2oo.o0o, was deliver
 2d to. the insured only two hours be |
 TX tSFT-+a aeuuftta1 of Clara Sm1tn
 p~S harged with the shooting
 1 E V SrS1 remembered sequel. Sfn 600 on Olive Thomas.
 Among the large payments on the
 lives Of women in 1920 were VI S,Uo, wife of Jack Pickford, stage beauty
 and motion picture actress, who dleo
 suddenly in Paris of rnercurfa1 pol
 soning. She was 21. Most of the fn, fn,
 the benefit of the film corporation with which Miss Thomas had con
 tracts.
 Jacob H. schir. banker and phi.
 lanthropist and head ot t,,sn the .;tT 1rm wa. 2, insured for 7,41o-s1fghtly fes'
 than was the cinema star.
 The largest payment made on the
 death of a woman policy holder was
 PeaTi Pear V Wight of New Orleans, La
 Lucretia R. Reynolds of Boston car ried policies for s1o3,ozf and Marie
 L. williams of New Orleans. La-. fo1
 $5o,147.
 of whom claims were paid in largS
 amounts included these; Arthur Newbold, banker. philadelphia s465,
 00o; Frank D. I.arraoee, hour mer nea
 James Dawson Layng,. New Yori city, member of the law firm Q Layng 6 Spencer, and director II various industrial companles $Ssg; $; . adelpdlia, s330,O00; Thomas B: Crary Binghanton. N. Y.. president and al s rector of gas and oil companies, man ufactqring = firms and aS 5arks: chs,n;st sSls, o , New York city, who died of hear a disease while making public ad . dress. ss12.7ss; Joseph T. Pearson D turer. sso7. .oeo; Henry s, Potter . Brook1ine, Mass, merchant, $2s5, 500; Isaac debes, San Francisco, fur [ rier, s25o, 900, and Francis G. Lloyc Rsrnardsvi1le. N. J., merchant S2oo' > $40, 900 Paid After Accident.
 Insurance of $40, 900 was paid O e the death of Geo5gs , F. Tsan Ramsey wh 2 . was killed at 4s, by a dynamite ex George s. Dearborn, capitalist an whose widow paid a State. inherit S ance tax of s131,s01 on his estate :. was insured for. s11e.ooo.
 Tn the s1oo.ooo class apnl-rs tn = name of John H. Hanan, New YorF t shoe manufacturer and also that c = Charles J. BoIgtano, AZ, of Baltimore = The latter was a wholesale seed mer = chant and vas aspnyxinaeo ny r,oin ol, s up'' car in his garage- Of his s1oo l. o'a insurance s75.o0o had been 1 l, foIts less than a year.
 T Jacob G. Schmidlapp, Cincinnati l. prominent capitaIist and financie n was insured for ss,ooo. and Henr f L. Jayne. Philadelphia lawyer an o reformer, for ss5,o0o.
 al More than 65,0o0 policy holder 1T whose policies had not been In fore 1t for fun year died in 1921. The ,- carried aggregate insurance est1na' o ed by The Press at s45,ooo. 900. TT n journal cites this as lone of the mo:
 jr,Dressiye evidences of the unce1 if tainty of human life yet demonstra- V ed by life insurance statistics" n
 $ Harding Soon to