Word: claims
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Dates: during 1960-1969
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Senior Editor Robert Shnayerson, who wrote the Essay on auto insurance, also received an adequate supply of free advice from colleagues who happen to be policyholders. He heard all the old tales of hardhearted claim adjusters, sky-high premiums, canceled insurance. Shnayerson sympathized, but when he recounted how he had solved his own automobile problems, he had the distinct feeling, he says, that no one was ready to follow his lead...
...liability coverage compulsory, it is virtually unavoidable everywhere. An uninsured driver must buy it or post equivalent financial security as soon as he is involved in a serious accident or gets convicted of a serious driving offense. And whichever alternative he chooses, he is in trouble. With a damage claim hanging over his head, few if any insurers will accept him as a future risk. If he posts personal security, he may lose his home or savings...
...rise in premiums, the industry colors itself a bright red. In ten years, physicians' fees have gone up 39% and hospital costs 92%. Weekly factory wages have risen 42%, boosting lost-income settlements. Typical repair bills have climbed more than 50%. As a result, the average bodily-injury claim is up 31%, the average property-damage claim...
Bottoms & Boots. In a rambling press conference, Sihanouk made the elaborate claim that the U.S. had vainly attempted to soft-soap him last November by sending Jacqueline Kennedy over on a sub rosa diplomatic mission. "Chester Bowles is going to try to succeed where Mrs. Kennedy failed," Sihanouk declared. "But Chester Bowles, no matter how he smiles, does not have and never will have the seductive effect of Mrs. Kennedy. He will go home empty-handed." For good measure, Sihanouk added: "I do not want to lose my dignity, I do not want to lick the bottom and boots...
Orthodox rabbis in the U.S. claim that their synagogues are beginning to attract thousands of Jews who had previously been indifferent to the faith- especially young, middle-class couples. An example is Los Angeles' Beth Jacob temple: 44% of the congregation is made up of young professional persons under 38 years of age. More and more Jewish parents are sending their children to Orthodox day schools-which in the U.S. have expanded from 49 elementary and high schools in 1945 to 339 today...