Word: upshot
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...UPSHOT] The amendment is now in the conference committee on the juvenile-justice bill, which is hornswoggled over things like the sale of guns at gun shows. If the amendment dies, it will certainly be back next year...
...UPSHOT Insurance companies and the corporations that buy their services win the battle of the bucks. Any reform bill that would allow them to be held liable will be strangled in Congress before it can get to President Clinton's desk...
...UPSHOT] Too big a victory for the bankers. Hillary Clinton has attacked the legislation as unfair to women and children, and even Republican Henry Hyde said the House bill is too pro-creditor. The Senate may bring it up next year. The House bill had a veto-proof majority...
...UPSHOT] Huge amounts of soft money have poured into the party committees, and lobbyists are furiously trying to frame the issue their way. Stands to be one of the hot-button issues...
...upshot is that only 1 in 4 homeowners is covered for a potential catastrophic loss even though most properties are vulnerable. Consider: half of all Americans live within 50 miles of an ocean. The insurance industry recognizes that we are woefully underinsured for flood damage. And the industry has its own list of reasons for why that's so. Banks usually don't require the coverage but probably should. The Federal Government often jumps in with emergency assistance, a disincentive for paying for coverage. And policyholders fail to read the fine print and mistakenly believe they're covered...