Word: lloyd
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...celebration of old-fashioned Broadway pizzazz combined with an astringent, character-driven intimacy - about the struggles, both professional and personal, of a band of aspiring Broadway hoofers auditioning for a new show - was something fresh in musicals. But a lot has changed since those pre-AIDS, pre-Andrew Lloyd Webber days. For one thing, the self-referential, show-about-a-show device has become the easiest and most insular of Broadway crutches (see The Drowsy Chaperone or Martin Short's Fame Becomes Me). As good as A Chorus Line was, you could also consider it the start of the Broadway...
More than any other sector, insurers need to separate the reality from the myths of global warming. "There is a growing body of expert opinion that our climate is changing. For Lloyd's of London, ignoring that was not an option," says Darragh Grey, senior manager of the 360 Risk Project at the storied high-risk underwriters and author of a new report on the insurance industry's failure to confront climate change...
...keeping with that history, the Lloyd's warning might be seen as a wholesale call to combat climate change. But few issues in the insurance business are that simple. The fact is, most big insurers like Prudential, Travelers and AIG are heavy investors in businesses that are believed to contribute to global warming. A 2000 report by Friends of the Earth on the investment portfolios of Britain's top insurance companies, for instance, found they invested heavily in such global oil and mining companies as ExxonMobil, Elf Aquitaine and Rio Tinto...
...that reason, some close industry watchers doubt whether Lloyd's apocalyptic tone will revise anything. Andrew Dlugolecki, an independent climate-change consultant and a veteran of the insurance industry, says, "It's good that they have spoken out, but I don't see them as serious in changing the insurance industry." That sentiment is echoed by Michael Brune, executive director of Rainforest Action Network, which has successfully lobbied Bank of America, Citibank and major U.S. retailer Home Depot to change their sustainable-development positions. "If you want to be an environmental leader, then you need to switch from relying...
...history that the things old men and old women know have become so useless as to be not worth passing on to grandchildren." (Absolutely true, although one wishes Frazier had held off on his sappy caveat, namely, that "desire trumps time," which smacks of a musical number by Andrew Lloyd Webber...