Insurance costs rise for businesses and cities in California
California insurers warn commercial policies are climbing as juries award larger settlements. Cities like Anaheim and Burbank partially self insure after losing coverage, while firms such as Yellow Cab struggle to obtain polices. Experts cite broader liability definitions and rising malpractice awards as drivers of higher premiums.
MENTIONED IN THIS ARTICLE
Los Angeles
California
Yellow Cab Co
Anaheim
Burbank
William P. Hopkins
Creighton White
Firemen’s Fund
Dow Chemical
White
Elaine Davies
Beverly Hills
Davies
James Stacy
Stacy
Punch
Ken Tyler
Ken Tyler, President of Truck Underwriters
Scottsdale Daily Progress Indicates December Coverage
The Scottsdale Daily Progress for Friday December 10 reports on local events and tidbits from the city, featuring community notices and brief updates. Readers find concise items reflecting civic happenings, local business notices, and upcoming public meetings.
Antique car parts boom fuels old vehicle trade
The production and sale of parts for classic cars such as the LaSalle Ford Model A and Stutz is growing, with 38,000 Antique Automobile Club of America members and buyers nationwide. Dealers report strong demand for pistons spark plugs running boards and tires, while rare items like engine blocks and old horns fetch high prices.
MENTIONED IN THIS ARTICLE
Copley News Service
LaSalle
Durant
Chalmers
Oila
Wis
Automotive Information Council
Brownell
Hershey
Dow Jones 2 p m closing quot. NYSE stocks
The 2 PM Dow Jones averages show Industrials at 971.66 up 0.92, Transports 230.61 up 0.49, Utilities 105.67 up 0.10, with 65 stocks at 315.69 up 0.05. The listing includes rates, highs, lows, and last sale figures for many issues.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
Fannork Sae
New York Stock Exchange
E— Vea Amf Inc
Va AbbiLab
AdmsMillis
Addissg
AetiaLf
Arizona
AlcanAlu
Va Alcoa
Amax—L
Ahess
AmEdest
AmCan
Acyan
Amepw
AmHome
Am Motors
Anatr
Va AmStind
Amt&t
Ampinc
Ampex Corp
Andrh
Apeco Corp
ArchDan
Armco
ArmstCk
Va Asarco
Ashioil
Asdorg
AuRich
AtlasCowi
Avco Corp
Avnetine
BB — BabckWil
Baltge
BankAm
Bauschl
Beckmn
Va Beecha
Beker
BellHow
Bendix
Bengt
BethStl
Borden
BucyEr
We BuddCo
Butova
Key Bunk Ramo
BuriNo
Commodity Closings With Mixed Gold and Grains
London gold 137.75 up 1.50. IMM Mar gold 139.70 up 0.03. silver 4.3991 up 0.20. copper 0.593 up 0.001. wheat 2.724 unchanged. corn 2.53 down 0.01. soybeans 4.962 down 0.06. soybean meal 202.50 down 2.40. soybean oil 21.92 down 0.12. live cattle 40.45 up 0.07. live hogs 33.97 down 0.35. lumber 191.50 up 0.40. cotton 79.75 down 0.07. sugar 8.37 down 0.02. Market not closed. Paper for recycling.
MENTIONED IN THIS ARTICLE
CarrCp
CartWall
Ve Castick
CarrpTr
CessnAir
Va Chasem
Chessie
Chipneyt
Chris Craft
Chryster
Citicorp
Clarke
ColGas
Deere
Bat DelMon
DeltaAir
Dennys
DetEdis
Dillon
Disney
Peppr
Sb BF Dresser
duPont
Dukep
Dugl
East Air Lin
Easkd
Eaton
Echlin
ElPaso
EltraCp
Enserch
Esmark
Exxon
FairCam
Fairind
Fedders Cp
Fednmt
Feddst
Flintkot
FiaPow
FdFair
Fordm
Formck
Frnkinm
Vo Itek Corp
ItelCorp
Penney
Pennzol
JonMan
Pepsico
Johnsonda
Pfizer
JoyMtg
PhilMorr
UnTech
I Ance
Pneumo
Publikr Ind
Pueblo Int
Wachova
WnBnc
Ye Wunion
LIV Corp
Quaksto
Wela
WestaEl
LearSieg
Questor
Weyerhr
LenPct
Ralston Pu
Levitz Furn
Rancom
Rapid Am
GenMills
Monasco
Monsan
Giwy Mwemrenling
Mondu
Scareg
Genesco Inc
Socale
SAO
GaPacity
MorNor
SouthCo
Gerber
Motorola
SiMe
Sonres
Nabisco
StBrand
Va Gtatiipac
Idara
NatAirl
Stdolicl
StOilOh
Srey
NatFuel
StaufCh
Ve —Grumm
SunCo
NevPw
Trwin
Harris
Newm
Tandy Corp
Harteck
Niamp
Telex
HoffEle
NwstAirl
Texaco
Cina An Fe Ae Een
NwtEnc
TexEst
Honywil
NorSim
TxPcLd
Oklang
Icinds
CeCe Fitelk Seh Gamer
Emetic
Todd Shipyd
idealBa
Owensong
Transwait
WWE T.o
Vendo Co
Kellogg
Azaet Vt Pgycol
Ye WasWat
Ve Kreswes
Winnebago
Reviow
XeroxCp
Reynin
Zalecorp
MeadCp
ScottPap
Ww Melville
Seabcl
Singer Co
Gettyo
Goodrh
Gould
Nlind
NatCan
StOilind
NorfWin
Tektron
Hobraw
Fed
Northrp
Norton
Impicpa
LukenSt
Associated Press
Macmill
Im RyderSys
Pyarie
Va Vendo Co
Koppers
LiggtGp
Raythn
Gli Sims A
WillmsCos
RestvOil
LykesCo
Va Rohr Tnd
Macy
of & Lee
MGM
SER Et Ee Tae Ae
London
Imm
Stocks make slight gain on rate cuts across banks
The market rose modestly as widespread reductions in bank prime lending rates boosted confidence. The Dow edged up to 971.66 at 2 p.m. with 43 more gainers than losers on the NYSE, and Morgan Guaranty Trust cut its prime rate from 6% to 6 percent, joined by other banks cutting blue chip loan rates.
MENTIONED IN THIS ARTICLE
New York
Morgan Guaranty Trust
Also Mentioned on This Page
UA 5
United Artists
Second Street
Scottsdale Center For the Arts
Mercado Verde
Scottsdale Mall
Bob Johnstone
J.R. Porter
Scottsdale (Az
Daily Progress
Cardsie
Mexico
Scottsdale
Madda Trading Company, Inc
Chicago Mercantile Exchange
Life Agency
Mesa
Tempe
G.A
Trme
Lundgren & Associates Management Consultants
Norfolk, Connecticut
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