Ingram reassures doctors on malpractice insurance
North Carolina Insurance Commissioner John Ingram said doctors need not cut services for fear of losing malpractice coverage. He cited a state law requiring insurers to sell general liability and malpractice coverage, and warned licenses can be revoked for refusals. The press briefing followed reports of doctors limiting practice to emergencies due to coverage shortages. Ingram noted the pool offers reinsurance and a $1 million per claim limit, with St. Paul Marine and Fire Insurance Co considering changes.
MENTIONED IN THIS ARTICLE
Raleigh
John Ingram
Ingram
Forsyth County Medical Society
Thomas O'Brien
Winston-Salem
Insurance Department
O'Brien
St. Paul
Tobacco Pricing Protests Hit North Carolina Farmers
Angry tobacco farmers from the North Carolina Border Belt vow further protests if prices do not rise. At New Tabor Warehouse in Tabor City sales were halted as leader C W Todd urged buyers to call their companies for higher payments. Prices have fallen to near or just above the federal break-even level with the South Carolina border district reporting $91.26 per hundred pounds, down from the prior day.
MENTIONED IN THIS ARTICLE
Raleigh, N.C
North Carolina Border Belt
Tabor
Tabor City
C.W. Todd
Todd
South Carolina
Carolina
Duke Earnings Do Not Cover Usual Dividend
Duke Power Co declares the regular quarterly dividend of 35 a share on common stock but reports six month earnings of 57 cents per share, down 36 percent from a year earlier. President Carl Horn Jr. hopes improved activity in the Piedmont Carolinas service area will brighten the year end outlook.
MENTIONED IN THIS ARTICLE
Charlotte
Duke Power Co
Carl Horn Jr
Piedmont Carolinas
Nixon Testimony Talks Under Senate Pressure in Chile Probe
Senate intelligence leaders discuss calling former President Nixon to testify on U S covert activities in Chile. Chairman Church and Vice Chairman Tower update on Nixon’s willingness and manner of testimony while Maheu vows to reveal CIA Mafia links to Castro plots after testifying. Tower says Nixon may be interviewed under oath in California if summoned.
MENTIONED IN THIS ARTICLE
Washington
Senate Intelligence Committee
Richard M. Nixon
U.S
Chile
Frank Church
D-Idaho
Church
John Tower
R-Texas
Nixon
Robert A. Maheu
Howard Hughes
CIA
Fidel Castro
Maheu
Senate
Tower
CTA
California
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