p12 - Hendrick had already written critically acclaimed exposés of, among other subjects, the life insurance industry and those who made “great American fortunes” in financing street railways, and he found the Mormon marriage practice at least as disturbing.38
p18 - ... Mormons bought insurance from companies whose president was Joseph F. Smith ...
p50 - 53. Cannon and O’Higgins, “Under the Prophet in Utah–The Prophet and Big Business,” Everybody’s 25 (August 1911): 209–215. The cover page of this article shows Joseph F. Smith as the cashier and lists a sugar company, a salt company, banks, a department store, a farm-implements business, insurance companies, and a newspaper, all of which had Joseph F. Smith as president.
1985 0402 - Chicago Tribune - MORMON-OWNED INSURANCE FIRMS SUE UTAH OVER CLAIMS ASSESSMENT - [link]
2023 - LC - Huntsman v. CORPORATION OF THE PRESIDENT OF THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS - OPINION - 41p
UNITED STATES COURT OF APPEALS FOR THE NINTH CIRCUIT
p2 - He further alleged that he relied on false and misleading statements by the Church that tithing money was not used to finance commercial projects, when in fact the Church used tithing money to finance a shopping mall development and to bail out a troubled for-profit life
insurance company owned by the Church.
p5 - After limited discovery, the district court granted the Church’s motion for summary judgment. It held that no reasonable juror could find that the Church had fraudulently
misrepresented how tithing funds were used.`
We disagree with respect to the shopping mall but agree with respect to the life insurance company.
p12 - B. Fraud Claims - Huntsman brings two fraud claims.
Second, he claims that the Church fraudulently misrepresented that tithing funds would not be used to bail out the Beneficial Life Insurance Company. We address these two claims in turn.
p29 - 2. Beneficial Life Insurance Company
The district court granted summary judgment to the Church on Huntsman’s fraud claim with respect to bail-out payments to the Beneficial Life Insurance Company. The district court held that there was no actionable statement in
the record by a representative of the Church with respect to Beneficial Life.
1939-0 , NAIC Proc. - 1939 0622, THURSDAY AFTERNOON SESSION
p107-117 - At this time the convention will listen to an address by Commissioner C. Clarence Neslen, Insurance Commissioner of Utah, on the subject, "Insurance and the Mormon Church." The Commissioner of Utah. (Applause).
p107 - Our friend, Bill Sullivan, asked me, before I proceeded to sa.y anything about my own church, to make some reference to the Catholic Church.
I heard of a story of a Catholic who had been here and there, accomplishing very little in his life. He had been away from home for a long while. He met his Priest upon his return, and the Priest proceeded to tell Dennis what a failure he had been, how he had accomplished nothing for his family, nothing for the Church, nothing for anyone.'' ''Have you done any good at all, Dennis."
p108 - "Yes, Father, I have. I was in the navy. While at sea a little Jewish boy fell overboard."
p108-117 - Commissioner Neslen then read his prepared paper as follows: INSURANCE AND THE MORMON CHURCH
p108 - Perhaps the Committee, knowing how unacquainted insurance men generally are with spiritual matters, and how foreign the Church is to them felt it might be well to bring the Church to them, for a brief introduction at least.
p108 - " In earlier days, I have been told, and have a vague personal recollection, the L. D. S. Church, which is commonly known as the 'Mormon' Church, was not particularly friendly to insurance, at least to that kind of insurance which was, in early days, offered by the few companies operating in the country.
p108 - In recent years, in my own time, there has been a change of feeling,
p109 - In the present President of the 'Mormon' Church, we have a pioneer in the insurance profession. President Heber J. Grant's earlier days were spent in insurance offices.
After the death of Joseph F. Smith in late 1918, Grant served as LDS Church president until his death. [b1918-d1845]
p109 - President Heber J. Grant's earlier days were spent in insurance offices. He is a student of insurance. He organized a fire insurance company over fifty years a.go, which is still a thriving institution. He is the president of a very large life insurance company and is much interested in the profession generally.
[Bonk: What Insurance Cpmpany?]
All three of the members of the first presidency, who constitute the highest officers in the 'Mormon' Church are directors of at least one insurance company.
One of these is the Honorable J. Rueben Clark, Sr., former Ambassador to Mexico. He is also a director of the Equitable Life Assurance Society of the United States.
Several of the quorum of Twelve Apostles are insurance company directors, and the Church itself today is very friendly, and I may say enthusiastic in its support of plans under which its members and others may provide in times of plenty against the time of need.