Word: haz
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Dates: during 1970-1979
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...Occupational Safety and Health (NIOSH)-and gave the Labor Department's Occupational Safety and Health Administration (OSHA) the authority to enforce compliance with asbestos standards-that things began to happen. In 1971 a NIOSH team visited Tyler, confirmed the danger of the dust levels, and emphasized the extraordinary haz ard. The team pointed out many examples of poor hygiene practices: the company lunchroom was close to the production area and workers were using compressed-air hoses to blow dust off each other (and thus spreading it about), and the company was selling burlap bags contaminated with asbestos. NIOSH promptly...
...stunned by rumors that Lloyd's underwriters were canceling coverage for hijackings-reports that Lloyd's vigorously denied. What was happening was that Lloyd's members were taking advantage of their options to raise "war risk" insurance premiums by 25% to 100% because of the increasing haz ards. Such action comes at a particularly awkward time for U.S. airlines. Pan Am, for example, lost $19.6 million in the first half of 1970, and higher "war risk" premiums might add millions of dollars to its operating costs without increasing revenues...