Word: accidentals
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Dates: during 1960-1969
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In Children's Hospital, across the street from the Brigham, a twelve-year-old boy died June 17 from head injuries suffered in an auto accident. His parents, who refuse to be identified, consented to the transplant. While three surgeons removed and cooled the liver to retard deterioration, Dr...
Because 95% of auto-accident in juries are ultimately settled for $10,000 or less, the companies figure that if only 30% of those offered fast payoffs accepted them, the experiment would cost insurers nothing extra. In the unlikely event that every victim took them up on their offer, the...
The plan-the industry's first major attempt to mollify its critics - was devised during six years of research by the American Mutual Insurance Alliance, a 122-member trade group. Ex plains President Paul S. Wise: "As conceived more than half a century ago, an auto-liability policy was...
All but the Flagrant Few. the The insurers' plan thus differs from the widely discussed reforms proposed by Law Professors Robert Keeton of Harvard and Jeffrey O'Connell of the University of Illinois. In most accident cases, their "Basic Protection" scheme calls for a motorist's own...
Still, the trend is in that general direction. "Our ultimate plan," says Wise, "is to develop a system that would pay all auto-accident victims except a few flagrant violators, such as hit-and-run drivers."