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...offset the higher expenditures, insurers are boosting the premiums for liability coverage on sport-utility vehicles and pickup trucks, the New York Times reported last week. Previously, policyholders would pay roughly the same premium for liability protection whether they owned an ordinary sedan or a two-ton pickup. Car owners buy liability coverage as protection against loss claims from someone else as a result of an accident. Farmers Insurance Group, the nation's third largest insurer, has already lifted premiums as much as 10% in Pennsylvania, and it may eventually seek hikes in all of the 30 states it covers...

Author: /time Magazine | Title: RITES OF WAY | 10/27/1997 | See Source »

...poor in Freeport, Ill., earned a place at Princeton and worked as a cable-industry lobbyist. He founded BET in 1980 with $15,000 in borrowed money, convinced he could mine gold from ore that others had found less rich. Marketers have known forever that black consumers have a ton of money at their disposal--$425 billion annually--and are quality conscious and extremely brand loyal. Johnson not only created a brand, BET (Black Entertainment Television), but in TV he also found an ideal way to reach the target audience...

Author: /time Magazine | Title: BET'S TOO HOT A PROPERTY | 10/20/1997 | See Source »

Atlantis' five day mission will end on Friday, and both 100-ton vessels will disengage-the shuttle will return to Earth and Mir will remain in orbit...

Author: By Nicholas A. Nash, CONTRIBUTING WRITER | Title: Mir and Atlantis May Be Visible From Charles on Friday | 9/30/1997 | See Source »

...removing a stop sign from an intersection. The defendants sobbed, and even the judge evinced regret, but everyone seems to agree that stealing stop signs is a particularly heinous prank. In this case, three other young people were killed when they drove through the signless intersection into an eight-ton Mack truck...

Author: /time Magazine | Title: GETTING OFF EASY IN TOBACCO LAND | 7/14/1997 | See Source »

...before he submitted the bid, Wynne says, he got cold feet and slashed an additional 50[cents] a ton off the delivered price: it came in at $24.85, 19% lower than last year's. Wynne says he trimmed the bid to the bone because the jobs of Mettiki's 260 non-union workers, 30% of whom live in West Virginia, were every bit as much at stake as the jobs across the Potomac River. The men who actually work at the face of the mine (as opposed to some maintenance and support workers on the "outside") receive wages and benefits...

Author: /time Magazine | Title: MOUNT STORM, WEST VIRGINIA: COAL WAR | 7/7/1997 | See Source »

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