Word: basic
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Dates: during 1960-1969
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...Under Keeton's "Basic Protection Plan," an accident victim would receive compensation from his own insurance company, regardless of who was at fault in the accident. At present, the insurance company of the negligent driver pays all claims...
...Basic Protection" would eliminate court actions to determine fault in cases where damages are less than $10,000. Keeton says the bill will relieve insurance inefficiency in two ways...
...basic protection plan would cut insurance premiums, Keeton claims. At present 23 cents of every premium dollar goes to court costs and attorney's fees. For example, the average settlement in cases under $100 ultimately costs the insurance company more than seven times that amount due to lengthy and complicated court proceedings. The Keeton plan, which settles cases without regard to fault. would largely eliminate that expense, he said...
...statement said, "The new building...helps to foster the illusion that our basic problems are caused by inadequate physical facilities, and not by more fundamental issues...
...denied his good intentions, most even thought he was "smart," yet nowhere did we find a spark of belief that New York's youthful Mayor could solve even the most basic of the city's problems...