1948: Insurance

Archives consist of articles that originally appeared in Collier's Year Book (for events of 1997 and earlier) or as monthly updates in Encarta Yearbook (for events of 1998 and later). Because they were published shortly after events occurred, they reflect the information available at that time. Cross references refer to Archive articles of the same year.

Funds owned by United States legal reserve life insurance companies approximately doubled in the last decade, and more than tripled in twenty years. At the end of 1948 they were $55,400,000,000. ...