Word: rearden
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Dates: during 1980-1989
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Drained by a growing number of huge personal-injury awards, insurers are struggling to increase profitability by boosting rates and even refusing to renew risky policies. Many of their rejected customers are having a hard time finding insurance at any price. Says Robert Rearden, president of Duncan Peek, an Atlanta insurance-brokerage firm: "At times it's extremely frustrating. ) The other day a salesman here said to me, 'I need an extra day off. It's tiring delivering all this bad news.' " Many businesses and local governments have been forced to go uninsured, thereby risking bankruptcy or at the very...
...placed in their hands the future education of our next generation. As Theodore Roosevelt stated. "The law of worthy life is fundamentally the law of strife. It is only through labor and painful effort, by grim energy and resolute courage, that we move on to better things." Rabert P. Rearden...