Word: connecticut
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Dates: during 1950-1959
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...still Secretary of Defense, he sometimes brought up the subject during his transatlantic telephone calls to Eisenhower. Last July his trusted aide, Assistant Defense Secretary Anna Rosenberg, took off for Europe on a quick "inspection trip" and talked the matter over personally at SHAPE headquarters. On another occasion, Connecticut's Fair-Dealing Senator Brian McMahon, a White House favorite, carried Ike the same tempting message. Harry Truman himself may have told Ike in Washington last November that he could have house with the Democrats (TIME, Nov. 12). To all such urgings, even the most hopeful Democrats admit...
...Hartford, Conn, last week, Connecticut General Life Insurance Co., eleventh biggest in the U.S., cut its life-insurance rates on 85% of its new policies by as much as 7%. It was Connecticut General's first such rate cut since 1930. What made the move even more notable was that for the first time said the company, older people will get a better break on the new rates than the young. Sample saving: on a $10,000 policy for a 65-year-old, the annual premium is now $756.50, v. the old rate of $802.70. The cut was possible...
Other stock (i.e., publicly owned) insurance companies, not so sure that interest rates are turning permanently higher-or even that older people are now better risks-were not eager to follow Connecticut General's lead. Most mutual companies, e.g., Prudential and Metropolitan, would probably do nothing, since they have already been cutting rates, in effect, by increasing dividends to policyholders. But stock life-insurance companies, which generally, pay no dividends to their policyholders, will probably have to lower their rates soon, or lose business...
...present, Block, reached by boat from Connecticut, has fishermen's dwellings, an infrequently used hotel, an antique movie theatre, antique cars, and an incredible number of gas stations...
...Connecticut state police reported that rain and freezing sleet fell over most of the Merrit Parkway throughout the night. Some traffic was being transferred to route one. However, they said that the road would be well sanded and open to all traffic today...