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...companies admit may take more than a year to accomplish, it would create a $10 billion enterprise that would rank as the nation's 25th largest insurer. "It's very hard, in this type of climate when economic realities are changing very quickly, not to talk about ways to strengthen your company," says a spokesman for Phoenix Mutual. Both insurers have about a third of their assets tied up in real estate and mortgages...

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

...table. Most important would be its irrevocable recognition by the Arabs as a legitimate actor in the affairs of the Middle East. To carry out its role as cosponsor, the U.S.S.R. would also have to restore diplomatic relations with Israel. Over and above those considerations, Israel would strengthen rather than damage its alliance with the U.S., where impatience with its obstructionism has often run high. Israel's request for a $10 billion loan guarantee to resettle immigrants from the Soviet Union and Ethiopia would be certain to sail through Congress...

Author: /time Magazine | Title: Middle East: What Are These Two Up To? | 8/5/1991 | See Source »

Would a victory for the doctors signal a new era of medical activism? Probably not. It is possible that the coalition whipped up to defeat the gag rule could strengthen efforts to revise the Medicare schedule or liberalize fetal-tissue research, but neither of those issues generates the same kind of deep emotions. Most doctors would prefer to leave politics to the politicians, if they would just leave medical decisions to physicians and their patients...

Author: /time Magazine | Title: The Doctors Take On Bush | 8/5/1991 | See Source »

...Benefit, France's Groupe Axa S.A. agreed to invest $1 billion in Equitable Life, the third largest U.S. life insurer. The deal will give Axa at least a 40% stake in the company. Equitable, plagued by troubled real estate and junk-bond investments, had been seeking a partner to strengthen its finances. The company plans to make an initial stock offering once the Axa deal is completed...

Author: /time Magazine | Title: Insurance: The Crisis This Time | 7/29/1991 | See Source »

...districts without aggravating Hispanics' tense relationships with blacks. In Houston, for example, blacks and browns have clashed over school-board realignments and a proposed city council expansion. "The big question is, Where do you draw the lines?" says Franklin Jones, a political scientist at Texas Southern University. "As Hispanics strengthen their push toward inclusion, we'll see more conflicts...

Author: /time Magazine | Title: Getting A Grip on Power | 7/29/1991 | See Source »

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