Auto insurance reform would let drivers opt out of pain claims
Congress bills propose allowing drivers to drop pain and suffering claims in auto cases in exchange for lower premiums, with a potential 30 percent cut. Victims would still sue for damages beyond policy limits under negligence law. Critics warn of inequity and federal overreach while noting costs and fraud arguments. A separate Maryland contract selects Lockheed Martin IMS to build a New Hire Registry to curb child support, unemployment, and public assistance fraud. The $32 million program will require employers to report new or rehired workers starting July 1.
MENTIONED IN THIS ARTICLE
Washington
Congress
Dick Armey
Limits
Armey
Texas
Mitch McConnell
R-Ky
Senate
Public Citizen
Lockheed Martin Ims
Bethesda
Maryland Department of Human Resources
Maryland Board of Public Works
Maryland approves universal service discounts for schools
The Maryland Public Service Commission adopted FCC universal service discount levels for schools and libraries. Eligible entities may apply for a 50 percent discount on interstate and intrastate telecommunications, Internet access, and internal connections from the federal fund. Maryland schools and libraries can apply beginning July 1, with funding available January 1998.
MENTIONED IN THIS ARTICLE
Maryland Public Service Commission
Federal Communications Commission
Federal Universal Service Fund
Maryland
Solarex Leads Crete 50 MW Solar Plant Project
Solarex in Frederick leads the first phase of a 50 megawatt Crete solar power station funded by the Greek government and the EU. With a $1.775 billion budget, it aims to become the world’s largest solar plant when completed in 2003, part of Greenpeace’s push to make Crete fully solar powered.
MENTIONED IN THIS ARTICLE
Solarex
Frederick
Crete
European Union
Italy
Greenpeace
Worldwide Environmental Organization
Pockets of weakness noted in booming national economy
The Federal Reserve's beige book reports pockets of weakness amid robust growth, with May to early June activity showing expansion across 12 districts. Construction and real estate strong, retail sales softening, manufacturing high, and inventories rising. job market strength tempers inflation expectations as rates seen staying steady.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Central Bank
Fed
Lynn Reaser
Barnett Banks Inc
Jacksonville
Fla
Also Mentioned on This Page
Ed Waters Jr
Jeffrey L. Mellon
Thomas Johnson Drive
Ambers Professional
Mellon
Ed Smariga
Ambers Professional Center
Bruce Mahlandt
CMW Group
Sally Murphy
Meta Nash
Jim Grimes
Hubert Brown
Amber Meadows Professional Center
Dr. Mellon
Valarie Valiana
Nelson Zahler
Sunshine Management
Fcnb (Bank
Mortgage Tee & Co
FDIC
Coded Solutions, Inc
Novell
Internet
Cdsi Information Technology Solutions Co
Rockville
Naval Reserve Information Systems Office
New Orleans
Chicago
Reaser
Ysi
Owings Mills
Youth Services International Inc
Victor Cullen
Frederick County
Elmore
Minn
Atlanta
Dallas
Kansas City
Minneapolis
San Francisco
Elmore Academy
Owings Mills-based
Woodsboro Bank
Monocacy Village
Fcnb Bank
Vww
Fcnbbank
FCN
Imbank
S Griffith
Motor Fuels
Rob Webber
Scottsdale Securities
Scottsdale
Scottsdale Securities, Inc
Discount Stock Brokers
Monroe Street Plaza
Cali
SIDC
Schwab Quick & Reilly
Fioelitt
Uide
Waterhouse
WSP
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