Word: auto
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...they have discovered common ground in tort reform, and are working hard for three initiatives that have already qualified for California's March primary ballot. Proposition 200 would establish a "no-fault" auto-insurance system in which insurers pay benefits regardless of who causes an accident. Proposition 201 would discourage shareholder lawsuits by requiring unsuccessful litigants to pay the corporation's legal fees. And Proposition 202 would sharply limit lawyers' contingency fees in personal-injury cases that are settled within 60 days. The initiatives will be voted on separately, but their backers, in order to create a wider base...
...After all, California is the state where 1.6 million lawsuits were filed in 1993. California is where, for every 100 car accidents in which there is a damage claim, there are 66 claims of bodily injury (almost twice the national rate); in Los Angeles, for every such 100 auto accidents there are 99 claims of injury...
...forces freely admit that theirs is a coalition of convenience. "Our primary goal is no-fault auto insurance," says Johnson, but he defends the other propositions as well--never mind that the stockholders' initiative is sometimes called "the swindlers' protection act,'' or that Ralph Nader himself is on the No side...
DETROIT: General Motors this fall will become the first domestic automaker to mass-market an electric car. GM president Jack Smith unveiled the two-seater EV-1 Thursday at the Los Angeles Auto show. Detroit bureau chief William McWhirter reports that the EV-1 is an update of the Impact prototype that has been in development for the past decade: "This is not so much a technological breakthrough as it is a political coup by Jack Smith that caught the entire industry off guard. It may be a sign that GM is ready to shake off some of its marketing...
...CONTAX G1 Look elsewhere for a point-and-shooter. This ingenious titanium beauty is a remarkable hybrid of two previously implacable classes: rangefinder and single-lens-reflex cameras. Manufactured by Kyocera, the G1 combines the compact, noiseless flexibility of a rangefinder with the auto-everything magic of SLRs--minus the blinking lights, beeping sounds and bulk. With its four state-of-the-art Carl Zeiss T* lenses, the G1 is a thoroughly modern version of the classic Leica, proof that retro is the wave of the future...