Texas Insurance Board Seeks 5 Million Budget
The Texas State Board of Insurance asks for 5,173,664 to run in 1962-63 with 2,638,878 for 1962 and 2,534,786 for 1963. The request boosts staff and includes six field actuaries at 47,880 annually to inspect reserves, sparked by W. L. Bridges disclosures. Chairman Penn J. Jackson credits examiners for exposing the tangle while noting current workload on reserves.
MENTIONED IN THIS ARTICLE
Penn J. Jackson
Insurance Department
W. L. Bridges
Bridges
Marcom Schockley
Gam-77 Hound Dog Missile Passes Test
The Gam-77 Hound Dog missile was dropped from a B52 bomber at Eglin Air Force Base and flew several hundred miles over the Atlantic test range to hit its target. The air to ground missile carries a nuclear warhead and will extend SAC bomber striking power.
MENTIONED IN THIS ARTICLE
Eglin Air. Force Base
Fla
Strategic Air Command
Atlantic
SAC
American in Brasilia Rio de Janeiro air crash
A Convair carrying 51 aboard including at least one American crashed into Guanabara Bay near Rio de Janeiro while approaching the city after a Brasilia to Belo Horizonte leg. Navy searchers found wreckage and body parts, with Newton B. Thompson of Waterville Maine among the passengers. Only one congressman boarded the flight in Brasilia.
MENTIONED IN THIS ARTICLE
Rio DE Janeiro
Navy
Paqueta
Rio
Dumont
Newton B. Thompson
Waterville
Maine
American Bond and Share Electric Co
Real Airlines
George Pfistern
Janet
H. V. Lee
Thompson
Belo Horizonte
Jane
Brasilia
Also Mentioned on This Page
Texas Insurance Board
Jess Irwin
William A. Harrison
Harrison
18 Ridges Mutual Assessment
Admiration
Maryland Club
Fritos
Puffin Biscuits
Wisconsin
Colonia