Mormons

  • 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 say 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. 
      • https://en.wikipedia.org/wiki/Heber_J._Grant
        • 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 ago, 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 Company?]
      • 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.
      • 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.
  • 1986 0112 - NYT - The Mormons: Growth, Prosperity and Controvery, By Robert Lindsey - [link]
    • When he died on Nov. 5, at the age of 90, Spencer Kimball had presided over the church for almost 12 years.
    • Like most top Mormon elders, he had risen to power after a successful business career.
    • Although he was seriously ill and little more than the titular head of the church in the last four years of his life, the former insurance man presided over the church during a period of phenomenal growth.
    • Among the major Mormon interests are the following. Insurance - The Beneficial Life Insurance Company, The Continental Western Life Insurance Company, The Western American Life Insurance Company, The Utah Home Fire Insurance Company