New Braunfels Herald Zeitung (Newspaper) - August 18, 1985, New Braunfels, Texas
TA He* Braunfels Herai&Zetiung Sunday August 18.1966
Delta crash may cause insurance hike
By ASSOCIATED PRESS Insurance premiums for the aviation industry coaid climb 2D to 40 percent next year as a result ai several recent commercial airline crashes. aduding Delta Air Lines Flight I ti in Texas, industry experts
Although airline travelers will probably not see the steeper rates reflected in ticket prices, analysts say the hike in insurance premiums will be significant when compared to other years hikes “This is going to be the worst year the industry has seen in a while.” said Gerald Fnck. manager for Marsh Ic McLennan, the broker for Lockheed Corp. s consortium of insurers
The consortium is facing some of
the rUimx from the Delta crash, winch killed 134 people when the
jumbo jet plowed into the ground short of a runway at Dallaa-Fort Worth International Airport Aag. 2.
So far this year. aviation insurers expect to pay out SISO million worldwide in liability and airplane hull damage claims, the Dallas Tunes Herald reported Saturday.
Ic addition to the Delta crash, an Air India Boeing 747 plunged into the sea off the Irish coast June 23, killing all 329 aboard, and a Japan Air Lines Boeing 747 crashed in Japan Aug. 12, killing 520
Claims from three major crashes in as many months will be borne by the small group of insurers who specialize in aviation and the underwriters . who are mostly in
The SOO million in estimated claims shown thus far this year in Lloyds of London Aviation Insurance Statistics Reports are much higher than the estimated $300 million insurers owed in claims last year. Flick said.
The Delta crash may bring $130 million in claims, with the outcome of future Lawsuits increasing or lowering the amount The JAL crash coaid result in $23$ million rn liability and hull damage claims, Frick said.
More significantly, the aviation insurers this year have collected about $300 million less than they will owe rn claims, said Sean Moody, an economist at the Insurance Information Institute in New York.
That gap will push premiums up
industrywide, he said.
Though aviation insurance premiums are said to be underpriced because of a competitive market, they've risen the last few years, figures show. From 1981 to 1984. U.S. commercial airline premiums have increased 52 percent, the insurance institute reports.
But because 1984 was an unusually lucky year in terms of anime disasters. Moody said. airlines and insurers expected to avoid steep premium increases in 1985.
• But now with these disasters, they wont escape the increases.” Moody said
Individually , airlines pay between $2 mill or and $35 million in ann ual insurance premiums, officials said
NB/SD to consider name for new school
New Braunfels ISD board of trustees will choose a board member for District 5 and a name for the new elementary in Tuesday s 7 30 pm. meeting.
The meeting will be at New Braunfels High School library The board member appointment became necessary when Trustee Margy Waldnp resigned ast month to apply for a teaching job in New Braunfels She will start working this fall as an English and Spanish teacher at New Braunfels High School
The new elementary on County Line Road should be completed by
Thanksgiving or Christmas.
A committee of trustees Garland Lloyd. Aguinaldo “Nayo” Zamora and board president Bob Self will
submit a list of six names that they will recommend the name be chosen
Also Superintendent Charles Brad berry will ask for a $97,900 change order to add two more classrooms to the new elementary. The new elementary approved by
a 1983 bond issue will be at capacity an die date we move in," the agenda package states.
When the elementary was planned. House Bill 72 had not been passed yet which mandated smaller teacher-student ratios.
This plus “the significant increase in attendance” will take up all the available classrooms in the new school.
In another construction item on the agenda. Herb Crume with the construction management firm of
J essen and Associates, will report to trustees about awarding the bid for gasoline storage tanks for the transportation center
The bids for the gasoline tanks came in too high on the previous bidding
A review of the school district s staff evaluation system, a report or. policies of student retention, promotion and grade placement and an executive session on administrator contracts will also be a part of the Tuesday agenda
Evening of dance to be featured Tuesday Calendar
This Tuesdays Concert-in-the Park will be an evening of dance Beginning at 6 45 p.m.. the Landa Park event will feature Compania De Dania Folkloric^. At 7:30 p.m. the program will feature the SUrtzviUe Stompers Compania De Danza Folkloric^ has been existence for more than a year It is comprised of 20 children ranging rn ages from 5 to 16 years.
The Compania is under the direction of a newly formed nonprofit organization made up of the
Another hot and sultry afternoon blanketed Texas Saturday as skies remained fair to partly cloudy and temperatures broke the century mark in several areas.
. Sections of south central and north central Texas recorded a heat index near 105. Readings were in the mid-to upper 90s elsewhere, except for far West Texas where temperatures in the upper 80s prevailed
Some thunderstorm activity was scattered off the upper coast through southeast Texas to southern Arkansas. Thunderstorms also developed over portions of the Big Bend region and the South PLarns.
A cold front extended into the extreme northwest section af the state, bringing a light north wind to the western Panhandle. South to southeast winds at speeds of IO to 15
PENDLETON, Ind. AP) - A hazardous chemical leaked from a Conrail tanker Saturday, forcing the evacuation of 1,000 residents, police
One woman was injured during the evacuation of a nursing home, said state police Sgt. Dan Conley, but he (bd not know how serious her injuries
dancers' parents Its objectives are to preserve and enhance the Mexican culture through exhibits and performance of .Mexican Folkloric*)
The children are taught dances from many different regions of Mexico: the polkas nortenas from the northern states; huapango fandango from the Huasteca region; jar anas from the Yucatan region; and the jarabes from the central regions
The Startzviile Stompers formed last October in the Can von Lake area
to teach clogging. Dancers range from preschool aged children to grandparents Floyd Loveland is announcer for the group and introduces the numbers and dancers Cogging is the oldest folk dance in our country and originated m the Appalachian Mountains The public is invited to attend the evening of dance. No admission is charged and patrons are invited to bring Lawn chairs and sack dinners No glass containers are allowed in the park
mph were reported elsewhere.
The forecast for North Texas calls for fair skies through Sunday, with highs in the mid-90s to near 103 and overnight lows in the 70s In South Texas, fair to partly cloudy skies will bring isolated thundershowers. Highs will be in the upper 80s to near 106 and overnight lows in the 70s West Texas can expect scattered thunderstorms through Sunday, with some locally heavy’ Skies will be fair to parti) cloudy, with highs in the upper 80s to near IOO, and overnight lows ranging from the mid-50s to lower 70s
NORTH TEXAS: Mostly fair
through Monday, hot afternoons and warm at night, highs Sunday and
The chemical, vinyl acetate, pilled from the top of the freight rain tanker about 5 36 p m, Conley aid. The highly flammable heroical, ooce ignited, gives off urn— that can cause dizziness and ifficulty breathing
Firefighters were able to contain be spill by building an earthen dike round it, Conley said.
Authorities notified residents of the tensely populated area in central ntfcana, about 20 miles northeast of odianapolis, to leave their homes hotly after learning of the spill. Evacuees were sent to Pendleton Ugh School
The cause of the spill was not ^mediately known, authorities said. he freight train was en route from L Louis to Pittsburgh, they said
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Postmaster; Send address changes to P O Drawer 361, New Braunfels, TX 78131.
Monday 95 to 103. lows Sunday night 73 to 78
SOUTH TEXAS Partly cloudy with hot days and warm nights through Monday. Lows in the 70s. except near 80 along the coast Highs mostly in the 90s. except upper 80s along the coast and low 100s in southwest
WEST TEXAS Scattered showers and thunderstorms through Moods y Lows Sunday night in the 60s and 70s Highs in the 80s and 90s.
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** Current name is available ti—ut* year local I Ow are 0 Jones
• • * Federal regulations re autre a substantial interest penalty far tarty
1000 M. Walnut Suite F Braunfels, Tx. 70130
Dittliager Memorial Library
Beard: 7 pm Monday. Library meeting room.
Rivers Advisory Beard: 5 pm
Tuesday. Landa Park Office meeting will be followed by trip (Sow ti Comal River.
CISD: 7:30 p m Tuesday Frazier Elementary School.
NBISD: 7 30 pm Tuesday, High School library
Rivers Oversight Comm met-: I p.m. Wednesday, Greene River Crossing.
Arts and Cml tora] Committee: 7 30 p.m. Wednesday, City Hall.
New Bra—feta Utility Board: 4 30 p m Thursday. Honors Hall.
New Bra—leis 7— lag Board of
Adj—tiara*: 1:30 p.m.. Thursday. Qty Hall
■"'hp -met Peace Movement an educahona non prof!!
organization active in 30 countries wilt have an in trod actory stress reduction and techniques lecture at 7 p rn Tuesday at the New Braunfels Civic Center P ctured Margaret p **~\ar‘ of New Braunfels and Sandra Se!* of Canada lecturer for tne program, pick a peaceful spot rn Landa Pan to discuss the upcoming program For in i or matron cai’ P ttman or Self at 625 4361
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