Word: groupness
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...mouth and vaginal odors change regularly during the menstrual cycle. That raises the possibility that odor tests may one day help develop a new contraceptive, an idea supported by the monkey studies of Monell Primatologist Gisela Epple. She found that the dominant male and dominant female in each social group spend much of their time smearing their scent around the cages. Surprisingly, subdominant females do not get pregnant when they mate with the top male. Epple suspects that a scent signal from the dominant female suppresses the fertility of her rivals...
...even these losses would pale beside a far less publicized jolt that the insurance group is suffering. It involves the labyrinthine world of computer leasing, a honey-tongued Texas hustler, the big gest and most prestigious U.S. banks and IBM. As a result of many forces, the Lloyd's insurance group faces the biggest loss in its 291-year history - up to $225 million, vs. the present record of $100 million paid to cover damages from Hurricane Betsy...
...computers and canceling their leases of other models. Lloyd's underwriters stopped issuing their policy, as claims began to flow in from leasing companies. Last month one of them, Federal Leasing Inc. of McLean, Va., filed a $627 million damage suit against the London insurance group. Itel, though badly shaken by the new IBM machines, is more patient. Says a spokesman: "There is nothing to indicate that Lloyd's will...
Lloyd's underwriters say they intend to pay all valid claims. The 57 syndicates and the 17 insurance companies involved all share the loss. This spreading out is a main reason that Lloyd's group can take the risks it does. The underwriters have already paid about $30 million and set aside $220 million to cover future claims. The assumption in London is that many firms that use leased computers will not want to switch to better, new machines, because change requires reprogramming, new software, personnel training and other costly extras...
Lloyd's calculating oddsmakers are ruefully philosophical about their mishap. Says Underwriter Murray Lawrence: "If we didn't have losses we wouldn't be in business." The group draws some satisfaction from the recent strengthening of sterling, now at $2.22, which means that members will have to lay out fewer pounds to pay off claims in dollars. But that is sore solace. As Underwriter Peter Cameron-Webb noted, "I doubt if a broker will ever try to place this policy again at Lloyd...