Word: premiums
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...still a strong feeling of friendship, but the recent massacre at My Lai has reinforced local antiwar activists who want withdrawal of the 8,000 Aussie troops now stationed in Viet Nam. As one radio commentator put it: "We are still sacrificing 20-year-olds as an insurance premium to the American alliance...
...supersonophiles are winning, and the U.S. SST is likely to be in service by the late 1970s or early 1980s. The lines are expected to have a broad mix of planes and fares: premium prices on the SST, regular tariffs on jumbo jets, somewhat lower fares on older jets. By then, the problems of air travel will have multiplied, creating an even greater need for improved control of airspace, more airports, better ground transportation and bigger, more efficient terminals. Halaby worries because public investment in such facilities has always lagged five to ten years behind technological innovation...
...Kemper Insurance Group outbid nine other companies for the policy to cover Indianapolis' 123 schools against fire, vandalism and other risks. The school board paid its $126,000 annual premium and had only one major claim-$101,000 for windstorm damage. Last week the board was searching for new coverage. Kemper announced that after the Indianapolis policy expires on March 1 it will not be renewed...
Schools in New Brunswick, N.J., hard hit by vandalism and racial turmoil, were forced to close for a day last October when Chicago's Continental Casualty Co. refused to renew coverage. Elsewhere, premium rates are rapidly inflating. Atlanta's school fire insurance costs rose from $60,000 to $200,000 last year. Nolan E. Allen, business manager of the Indianapolis school system, wonders about the reasoning behind insurance. "A company says that it wants to take care of you when there is a risk," he muses. "But when you do have a risk, it says goodbye...
...conquer mankind through Hollywood. Now only 29, she has enjoyed extraordinary success. Her brooding, aquiline face and brimming, arabesque body (37-22-35) have launched thousands of picture spreads. The mere mention of her name (or the sight of it, in endless Laugh-In balloon gags) is high-premium chuckle insurance for every TV and nightclub humor writer in the land. After 15 films that range, except for Bedazzled, from unintentionally risible to just plain awful, she is worth more than $4,000,000, earns about $950,000 a year. Even more astonishing, she has succeeded in becoming...