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...word in financial circles, albeit sotto voce in recent months, has been to watch out for the insurance industry as the next to be sucked into the vortex of the nation's sagging real estate values. Though the number of outright collapses so far this year remains relatively small, the industry failure rate has picked up ominously in recent weeks and now involves one of the nation's largest insurers. Two weeks ago, in what was the biggest failure to date, New Jersey state authorities took over Mutual Benefit Life, the country's 18th largest life insurer, with assets...

Author: /time Magazine | Title: Insurance: A Lack of Assurance | 8/5/1991 | See Source »

...hour waiting period, notification of the husband, and a state- sanctioned lecture from a doctor about the pros and cons of abortion. But the Pennsylvania law may not be the ideal test case for Roe. Reason: it focuses on procedural stumbling blocks to abortion rather than decreeing an outright ban, and could thus allow the court to skirt the constitutional issues...

Author: /time Magazine | Title: Abortion Test Cases | 7/1/1991 | See Source »

Then, four days later, things really got bad. The banquet honoring TV commercials was canceled outright when the Clio company couldn't come up with the cash...

Author: /time Magazine | Title: Advertising The Collapse Of Clio | 7/1/1991 | See Source »

...everyone in the press, including Malcolm supporters, was happy with a decision that seemed to condone outright inventions -- between quotation marks -- in works of nonfiction. But the possibility threatened by Masson's appeal to the Supreme Court -- a draconian definition from the bench of how journalists should write their stories -- seemed even worse. A number of news organizations, including the American Society of Newspaper Editors and Time Warner, filed amicus briefs in support of the New Yorker...

Author: /time Magazine | Title: Justice Comes in Quotes | 7/1/1991 | See Source »

...unmarried adults who have active sex lives, and the growing strength of the gay-rights movement. The issues are hitting hardest at the moderate and liberal "mainline" Protestant denominations that stress toleration and follow social currents. These groups, which have been steadily losing membership, could face further attrition, even outright schism, over...

Author: /time Magazine | Title: What Does God Really Think About Sex? | 6/24/1991 | See Source »

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