California doctors' malpractice insurance study shows expected loss
The California auditor general reports seven insurers collected 262 million in malpractice premiums from 1960 to 1974 and paid about 115 million in claims through last year. They project paying 183 million more in premiums than collected, not accounting for indirect costs or investment earnings.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
Ee A Y Aenerel
Thes
California
Auditor General
Booz-Allen Consulting Actuaries
Booz- Allen
Edmund G. Brown Jr
Tornado devastates Springfield Missouri area and damages town
A tornado struck Springfield Missouri causing eight homes destroyed and 25 damaged with five injured. The Southdowns subdivision bore the heaviest impact while a Show-Me Toy warehouse was set afire by lightning. West Plains and Decatur reported heavy rain and flood warnings persisted.
MENTIONED IN THIS ARTICLE
Press International
Springfield
Death Valley
National Weather Service
Monett
Show-Me Toy Company
West Plains
Decatur
Ala
Govern bill limits service charges and expands penalties in state
A United Press International digest from Sacramento notes AB1986 prohibits banks from collecting service charges on savings accounts and requires state accrued interest payments. SB1506 relaxes prisoner visitation, AB614 tightens dogfighting penalties, and SB268 imposes mandatory prison terms for large heroin dealers. Appointments to the Agricultural Labor Relations Board were confirmed, and $1.1 million was approved for state ecology camps as Assembly debates continue.
MENTIONED IN THIS ARTICLE
United Press International
Boatwright
Concord
Senate
Sieroty
Los Angeles
Assembly
Antonovich
Glendale
Gov. Brown
Roger Ahony
Leroy Chatfield
Richard Johnson
Joseph Grodin
Joe C. Ortega
State Agricultural Labor Relations Board
Chappie
Rooseville
Roberts
Robbins
van Nuys
Bill to impose prison terms for big heroin dealers advances
Sacramento UPI report notes Attorn ey General Evelle Younger backed SB268 to deny probation for heroin pushers with half an ounce or more or prior drug felonies. The bill, passed 69 to 2 in the Assembly, heads back to the Senate for concurrence amid opposition from Brown and Meade. President Ford urged tougher penalties for dealers and armed criminals.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
Evelle Younger
Assembly
Alan Robbins
D-Van Nuys
Senate
Willie Brown
San Francisco
Kenneth Meade
Berkeley
Ford
California banks may owe state over 100 million in unclaimed funds
Controller Kenneth Cory said California financial institutions hold unclaimed funds totaling more than 100 million, including 9.5 million from Bank of America in unclaimed accounts. He warned of court action if the payment is not received within 20 days and cited broader potential losses across banks and insurers. Governor Brown signed AB1986 prohibiting the service charge on savings accounts and defining unclaimed status after 15 years.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
California
Kenneth Cory
Cory
Bank of America
A.W. Clausen
David Epstein
Edmund G. Brown Jr
Daniel Boatwright
D-Concord
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