The New York herald., 1921-08-30
$t,O92,O66,434PAID
ON 1920 LIFE RISKS
Death Claims and Matur-
ing Policies Figured at
S679. .200.000.
$3U3. 100000 SHARED
32.000 Deaths and 1900
600 Serious Injuries Toll
Of Automobile.
&555.000 SINGLE POLICY
Jacob IL. Schiff. Olive Thomas,
lowering and Hamon Held
Large Amounts.
$555.000 SINGLE POLICY

the United States ana Canada aggre-
gated s1o92 o66,4 ,434.
The figures are made public in to-
Says issue Of the Insurance Press. or
that sum. according 10 the same au-
thority, death claims. matured endow-
ments and annuities amounted TO
1870 9,a00,0 900. Payments In dividends to
policy holders and for lapsed. surren-
dered and purchased policies agsre-
gated s303, 500. 900. and the commuted
value OF insurance claims awarded for
the year By the Bureau Of War Risk
Insurance amounted 10 s109. .366. 1874.
s555,OOO Largest Claim In Year.
Largest among the death claims sei-
tied in the year vas the 1855. coo pail
10 the beneficiares or Wallace L. Pierce
o Bos, on, who was the president OF the
8. S. Pierce Company, an importing and
grocery firm and also 4 directcr of the
Equitable Assurance Society OF New
York and of the New England Mutual
Life.
4 close second among the large poll
cies paid was tnat OF Richmond Lever
ing OF New York. who carried $4,000
insurance. Mr.. LeyeIing. who was only
80, was an oil promoter ana the presi
dent of Richmond Levering Co,
petroleum engineers. The PRESS says
his ESTATE was deprived OF 800 900 adj
dtionsl life insurance through his fail
ure TO sign and pay premiums on poI-
cies for which ne had contracted before
he was stricken with 4 fatal attack OF
influenza"
Third in amount OF the years large
death claims was the si65, o00 paid 70
the heirs of Jake T. tiamoH of Ard
more, Okla. who was tha Republican
National Committeeman from O!.lahnm.
and q prominent oil ana railway capital
ist One OF his policies. ca.hng ZOE
100000. was delivered 10 tie insured
only two hours before he sn0t and
killed. The trial and acquittsl OF Clara
Smith Hamon. charged with The shoot
ing. was a well remembered sequel
113J,OOO on olive Thomas.
Among the large payments on The
lives OF women in 1920 were 5l3J 900
on that OF Olive Thomas Pickford. wife
Of jack Piclsford stage beauty ana
motion picture actress. who died sj1d-
uSIiN III fdIlA OF EcEEEIlIA poisoning.
She was 81. Mast OF the insurance was
taken out in 1919 for the benefit of the
fiim corporation with whicA Miss Thomas
had contracts.
Jacob II. Soh!c. banker AMI philan-
thropist and head Or the Arm Of Kuhn.
Loeb 4; Co.. OF this city. was insured for
slz7ii0-slightly less than was tie
cinema star.
The largest payment made I'll the
fe1.n OF "a i.4N# t,.,l.1
sisa.SS0 paid 10 the bensi.ciaries os
Pearl Wight OF Ne% Orleans Ia Iu-
crstia Il. Reynolds or Boston carried
policies for sl03,02l ana Alllfe II.
Williams of New Orleaas Ia. fur
S60.lA7.
other policy holders for tie daath of
whorn GLAZING were paid in large amounts
included these: Arthur Il. Nswoold.
banker. Philadelphia, S4s5 300 Ere ni
j.. Larra5ee flour merchant, Kansas
city Mo, 100000: James Dawson
Laying. New Yorl; city, member Of til
law firm OF Laying & Spencer. and iii
rector in various Industrial companies
s5ss.7Oo William u. Scott. printer
philadelphia, sG30, 600. Thomas H.
crazy Binghamton, ~. -. president aud
director OF gas and oil companies, ma nu-
featuring firIns and banks, $3l2556 !:
J.. A. Dreyfus, noted chemist. or Nav
York city, who died OF heart disease
while making n public address, $3l2,7 .
Joseph T. Pearson, Philadelphia. packing
box manufacturer. 100000. Henry s.
Potter. Broolilne. Mass. merchant
trs5.soo: Isaac L'ebes. san Francisco
furrler. s25o.00o. ana Francis @. lloyd
Berrardsvllle =. J., merchant. 10000
$4,000 Paid After Accident.
Insurance or $4,000 wa paid on
the death OF George +. Remsey, con-
tractor OF Memphis. Tenn who was
killed at AZ. b., q dynamite explosion
George S. Dearborn, capitalist and
steamship magnats or Rge. n. 81, whose
widow paid State Inheritance tax Of
Sl3l.Soi on his estate. was insured for
Sii6,0o0.
In the 100000 class aonca,s tho
name Of John II. Hanan New York, shoe
manufacturer, and also that OF Charles
! Boleiano. AZ, OF Baltimore The latter
was o wholesale seed merchant and was
ssphyxiated By carbon monoSile gss
while warming up" Q car In his gar
age or his 100000 iusuranc s71 900
had been in force less than year.
Jacob G. Schmidlspp. Cincinnati.
prominent caoitalist ana iinarciar. was
Insured for sss.000, and Henry Jayne.
philadelphia. lawyer and reiornirr. Tor
$4,000.
More thsu 5000 policy holder. whose
policies had not been In force for i sun
wear died In 1921. They carriol agyre-
gate insurance estimated ~ Tha p'asq
~ s45. 900. GOO. The journal cites this Hs
'one OF tn most Impressive eyidcn1 q.
the uncertainty OF human life vet dom-
onstrateG BY life Insurance s.atistics'
'.-ne Insurance s-Iess quotes statistics
Indicating That in 1890 the automobile
caused $4,000 fatalities and 100000
non-fatsl injuries In tho United states,
and that economic losses resulting from
disabilities caused by the automohlc.
including property damages md incldon-
tai losses, exceeded ~ 600. 100000.
Entirely eliminating the casualty
companies" it says, upon which doubt
less the claims resulting from motor
accidents are the largent and heaviest,
and limiting tho losses from death only
70 companies transactlng exclusively llte
Insurance. q close estimate hna been made
that 81. 10000 was paid BY tie life In
suisnce companies In death claims from
automobile fatalities during the year
1920"
MAYO ABsoLyED ny CORONER.