ESTANCIA NEWS-HERALD.
Noticias de Colorado.
NEWMEXICOINSURANCE
PREMIUMS EXCEED CLAIMS BY
HALF-MILLION DOLLARS.
Corporation Commission Gives Out
Striking Features of Operations
of Companies in State.
Western Newspaper Union News Service.
Santa Fé. That the. amount of pre
miums collected by the straight life
Insurance companies In New Mexico
In 1913 were over half a'milliun dol
lars more than the amount of the
claims paid Is a striking feature of tho
summary just mnde by the state cor
poration commission.
There are 29 life Insurance compa
nies in New Mexico and the number
of policies written by them in 1913
was 2,í99. The number of policies In
force December 31, 1913, was 13,002,
which is a decided gain over the pre
vious year, when there were but 11,
970 policies. The total amount of lire
insurance in force December 31, 1913,
was $28,144 958, which is nearly two
million dollars' gain over the figures
of 1912, which showed (26.2T9,SS7.
The claims paid In 1913' amounted to
$307,033.45.
Despite the fact that the past year
was "13," a supposedly unlucky num
ber, the figures show that the amount
of claims was less than in 1912, when
the sum of $318,559.41 was expended.
The premiums collected in 1913 were
$S74,439.1S, which is a gain over the
previous year, when tley amounted to
ÍSKi.iao.-!;).
The state corporation commission's
clerical force will gather statistics on
fraternal Insurance business in the
state and also on telephone business
for the past year.
Gallegos Pleads With Prosecutor.
