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Dates: during 2000-2009
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Such cases show how complex and changing legal doctrines can increase the risks faced by insurance companies and make those risks more unpredictable. But, as consumer advocates point out, they do not explain the full story. The legal doctrines in question have been evolving for many years. The rise in the number of personal-injury lawsuits and the size of jury awards has also been gradual. But apart from medical malpractice insurance, which has been a headache for both doctors and insurers for at least a decade, it is only in the past two years that liability premiums have exploded...

Author: /time Magazine | Title: Nation: Sorry, Your Policy Is Canceled | 6/21/2005 | See Source »

People now spend more time sitting down than ever before in history. A minor achievement of modern civilization, maybe, but it could explain why producing a chair has been an obligatory rite for ambitious designers of this century. Charles Eames is still famous mainly for his chairs, and the best-known works of today's European café-society designers--Philippe Starck, Enzo Mari--are chairs. Aalto, Breuer and Mies made their marks in the '20s partly by making chairs, and such contemporary architects as Gehry, Meier, Graves, Hollein, Venturi and Ambasz have all felt obliged to design chairs as well...

Author: /time Magazine | Title: Design: Looking Good Is Not Enough | 6/21/2005 | See Source »

...independent counsel to investigate Deaver's discussions with former colleagues on matters including South Korean trade, tax breaks for Puerto Rico and continued support for Rockwell International's B-l bomber. Within 90 days, Meese must either ask a panel of three Washington judges to name the counsel or explain why he has not done so. Such an explanation could be ticklish, given the close association between Meese and Deaver. During Ronald Reagan's first term, they constituted two-thirds of the unofficial troika of White House officials who wielded power second only to the President...

Author: /time Magazine | Title: Acid Raining on Deaver's Parade | 6/21/2005 | See Source »

...Dotto and dozens of pitchmen like him are inundating television airwaves and packing conference halls across the U.S. with their gospel of "no money down." The seminars and TV programs are teasers for the real product: packages of booklets and tape cassettes that explain in more detail how to start from scratch in real estate. At about $300 and up, these home-study courses have earned millions of dollars for the gurus and probably started a few graduates on the path to success. But many mortgage lenders and real estate brokers, irritated by shaky financing schemes proposed to them...

Author: /time Magazine | Title: The Preachers of Easy Pickings | 6/21/2005 | See Source »

Reagan planned to explain once again his general vision of how both sides could phase in strategic defenses while simultaneously cutting offensive weapons in order to achieve a greater "strategic stability." That explanation, Secretary Shultz had hinted earlier in the week, included offering an inducement: any significant cut in offensive missiles could permit a curtailment...

Author: /time Magazine | Title: Sunk by Star Wars | 6/21/2005 | See Source »

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