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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 16, 1977
Page
5
A reader discusses whole life versus term policies, noting whole life builds cash value and can be cheaper long term, while term offers lower early costs and targeted protection. The writer cautions against relying solely on term or stock market gains and urges a tailored plan with a reputable insurer, addressing Sam Shulsky in The Gazette column.
Life Savers hires private detectives to trace a fearsome myth that Bubble Yum gum contained spider eggs. The probe found no source, yet ads and school notices were used to quash the rumor. Company studies claim retail impact was limited and production continued normally.
American Re Insurance Co posts a 78 percent rise in after tax net operating income to 3.44 million or 63 cents per share from 1.93 million or 35 cents. Net income reaches 3.95 million or 72 cents per share, while premiums written climb to 82.36 million, and net investment income grows to 9.514 million. Underwriting loss narrows but remains a deficit of 3.964 million. Inter Ocean Re-Insurance Co. merged into American Re years ago.
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