Redlining blocks insurance for South Bronx and beyond
Jimmy Carter and Ronald Reagan highlighted urban decay as a national issue while a Newhouse News Service study found redlining remains a common tool to deny insurance to high risk areas. The practice outlines high risk zones in red ink and often bases decisions on zip codes, denying affordable coverage and hindering mortgage access and economic growth.
MENTIONED IN THIS ARTICLE
Jean Heller
Newhouse
Jimmy Carter
Ronald Reagan
South Bronx
Industry minimizes high risks and redlining debate
A HUD study after a lengthy probe finds insurance redlining in major cities denies urban property owners access to a voluntary market. It says underwriting is based on unfounded generalizations and elevates neighborhood decline. Officials claim profit limits prevent writing policies for blighted areas.
MENTIONED IN THIS ARTICLE
Federal Housing and Urban Development Department
HUD
Napolitano to speak at Monday Planning Executives dinner
Gould Pumps Inc. chief Vincent A Napolitano will address the Central New York chapter at Napolitano University Club on planning from the president chair. The talk launches the chapter's new year with the overview theme.
MENTIONED IN THIS ARTICLE
Vincent A. Napolitano
Gould Pumps Inc
Seneca Falls
Central New York
Planning Executives Institute
University Club
Napolitano
Pneumo earnings rise 48 percent on nine months results
Pneumo Corporation reports a 48 percent increase in net earnings for the nine months ended August 31 1981 led by gains in its Food and Drug Group P&C Markets and Carts Drugs. First nine months sales up 13 percent to 83 625 000 with net earnings to 12 276 000 or 2 59 per share. Backlog stands at 1 081 000 000.
MENTIONED IN THIS ARTICLE
Pneumo Corporation
Gerard A. Fulham
Pneumo
Food and Drug
P&c
Fulham
Pheumo
Dollar slips as gold rises after Reagan speech
The dollar eased against major currencies after President Reagan's speech failed to signal clear investor direction. Gold prices rose with bullion fix in London at 450.50 per ounce, up from yesterday, while London silver rose to 9.65 per ounce amid mixed market sentiment.
MENTIONED IN THIS ARTICLE
Reagan
Tokyo
Europe
London
Zurich
New York
Ommodities Exchange
Handy & Harman
Ourice
Insurance Redlining Debate Spurs FAIR Plan Critique
Insurance advisory board discusses broad redlining concerns noting FAIR plans started in 1968 and now run in 26 states. Plans aid properties unable to obtain voluntary market coverage but residents in urban areas face minimal protection and higher costs. Occupation appears as a risk factor in government findings.
MENTIONED IN THIS ARTICLE
Surance Advisory Board
Federal Insurance Administration
Fair Plans
FIA
Congress’ General Accounting Office
GAO
CNG venture aims to fuel cars with compressed gas
Peter Kantan unveils his plan to make compressed natural gas the main alternative to gasoline. He touts home and station fueling kits, a Gaz Hour station system, and wide fleet adoption, citing pilots in Sedgwick County and Moravia while forecasting growth to 400 workers by 1984 and a $5 million investment.
MENTIONED IN THIS ARTICLE
Dan
Kantan
Kantan Air Products Corp
Burnet Ave
East Syreuse
Henry Ford
Kanton
New York State
Kansas
Italy
Government of
Australia
Niagara Mohawk
Moravia Central Schools
Violet Phillips
State Department of Trans
U.S
Sedgwick County
Dan Grohn
Grohn
Sedgwick
Don’t put collectibles into your retirement account
The article argues against moving stamps coins paintings and other collectibles into IRAs or Keogh plans under new tax laws. It warns such assets lack tax shelter unlike cash stocks or bonds and notes risks from counterfeits theft and fraud. It urges keeping collectibles out of retirement accounts even if tax laws shift.
MENTIONED IN THIS ARTICLE
Dan
UtAs
Keogh
Renin
IBM
Cate
Securities and Exchange Commission
American Numismatic Association
Canada
Mexico
South Africa
Also Mentioned on This Page
Pei
SCM
SCM Corporation
S&ls
William J. Martin Jr
South Shore Federal Savings and Loan Association
Massapequa
L.I
League
Credit Union Action
Industry Journal
Automotive News
Grumman
LTV
Croeman
Uy Lev
Canada Investment
London Stock Exchange
Joseph Granville
Wall Street
Iwaday
Gslo Benea
Shenaban
Peter Kanton
By Sylvia Porter
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!