Word: tennesses
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Harsh words, but again containing some truth. In the best of times, property and casualty insurers, the kind that issue liability policies, rarely make much money on underwriting: the premiums collected have exceeded claims paid in only two of the past ten years. Most of their profits come from investing the premiums they collect. Five years ago, when the prime rate, keystone of the U.S. interest-rate structure, hit an incredible high of 21˝%, such investments paid off very, very well...
...According to one frequently cited tale, a body builder competing in a footrace with a refrigerator strapped to his back was injured when one of the straps came loose; he sued several defendants, including the strapmaker, and won $1 million. The facts, according to the lawyers' group: ten athletes competed in a televised stunt race, each with a 400-lb. refrigerator strapped to his back; each received a written contract guaranteeing that the equipment had been tested for safety. Franco Columbo, a world-champion body builder, did fall and suffered total knee displacement that required extensive surgery. At the trial...
...impacts a second, a bombardment that swung its antenna out of alignment with a tracking station in Australia. That brought communications to a halt. But before the blackout, Giotto relayed more than 2,000 images of Halley's back to earth, plus a torrent of data from the ten on-board instruments...
...student body's reaction was predominantly blasé at Brown, a progressive liberal-arts bastion to which high schoolers seek admission more avidly than to virtually any other U.S. college (ten applications for each 1985 enrollment). Senior David Margulius called the situation "bizarre, but somehow not surprising. Brown students are always doing offbeat, experimental things. And they are pretty uninhibited in a lot of ways." Freshman Carol Putsel, 18, was even more matter-of-fact: "Just because it's a college campus doesn't mean that it's free of social problems...
...rice "by the major bagful," built a special train car with a Chinese-style kitchen and put in a VCR on which the visitors play almost nothing but Kung Fu movies. "We've been a big hit in every town we visited," notes Deputy Director Xu Zhiyuan. After ten cities, the tumblers are still adjusting from the intimate Chinese circus style to what Xu politely calls "a very grand presentation that is to the American audience's taste." Meanwhile, their countrymen were adjusting last week to the American circus known as Super Bowl XX. The first 90-min. TV broadcast...