Word: auto
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Dates: during 1950-1959
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...stop fascism," they cried, meaning by fascism the resistance of all Hungarians to the Russian tanks. Last week the walkout came. It was a colossal and embarrassing flop. In the Paris area not a single bus, subway or trolley ground to a halt. Out of 600,000 metal and auto workers in the notorious "Red Belt" around Paris, only 3,000 obeyed the C.G.T. summons, and even they returned to work after half an hour. At the Simca factory in Nanterre the only 600 workers to leave their machines were those giving blood for wounded Hungarian rebels...
Gardner Campbell, Republican State Representative, immediately called for a special commission to study auto insurance rates and allied matters...
...companies say that very few of them are making money this year. In 1956, despite an overall premium increase, the companies are heading into the red. State Farm Mutual, No. 1 U.S. auto insurance company (4,600,000 policies) expects to wind up with a $7 million to $10 million operating loss (v. a 1955 underwriting profit of $14.8 million); Allstate (Sears, Roebuck), just broke even in the first half of 1956 (v. an $11 million underwriting profit last year...
...Angeles jumped from $33,000 to $156,000; there are instances of awards of $86,000 for a broken hip, $100,000 for losing a toe. Insurance companies find themselves increasingly liable for such ephemeral damages as plaintiffs' mental anguish, e.g., a Southwestern woman who merely witnessed an auto accident that left her untouched, even forced a company to pay her $90,000 on the claim (disputed by two eminent obstetricians) that the sight caused her to have a miscarriage...
...completing only 215,000 new dwellings, while West Germany (pop. 50 million) was finishing more than 2,000,000. In roughly the same period, real wages went up 50% in the East, 100% in the Bonn Republic. Last week West Germany released a telling statistic. In the impoverished East, autos are still restricted to a sprinkling of doctors, technicians, specially privileged artists and the Communist elite; in West Germany one person in 25 now owns an auto...