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Show ' t Page 2b X ? . ; I i t ' Enterprise Review, May 19, 1976 Attomey CialIe" Courf Ouloi Surety Life Insurance Co. has agreed to a settlement of about $295,000, rather than the original $1 million judgement rendered against it by a California court on March 18. The lawsuit was brought by an insured in connection with his claim for major medical A jury of the benefits. Superior Court of California in Los Angeles County decided in favor of the insured. A spokesman for Surety Life said, Claim handling procedures were proper and that the firm was not at fault and should have no liability." However, because the $1 million judgment had been rendered by a jury, the company agreed to the settlement on the advice of legal counsel. Cost and . involved in the lengthy process of litigation also entered into the firm's decision to settle out of court. The settlement resulted in Surety Financial Corp., which wholly owns Surety Life Insurance Co., being able to show 1975 net earnings of $323,000 or 18 cents a share instead of a previously reported loss of $102,000 or six cents a share. The earnings restatement, according to the company, arises from the fact that on December 31, 1975, a reserve of $1 million, less $345,000 of associated tax credits had been established as provision for payments and costs related to the lawsuit. Now the payments and costs will be about $300,000 less $70,000 of diversion' of associated tax credits. management attention HoWe m Citing a lack of leadership in Washington and blaming poor Federal monetary policy as the cause of the recession, a 29-year-o- attorney filed ld Monday as a candidate for the Second Congressional Dis- trict. Alan C. Chandler declar- ed his intention to unseat Democrat Allan T. Howe, who was elected to the slot 18 months ago. Chandler, who will be running as a Republican, launched a frontal assault on the Democratic leadership in Congress. Chandler criticized the inability of the Congress to curb the growth of the bureaucracy, lower unemployment, and cope with complex issues. He blamed a lot of talk by men who do not produce results. Chandler told a group of We must dissupporters, mantle and consolidate many of our federal agencies and place more emphasis on the ability of private enterprise, local government and volunAllan C. Chandler announced his candidacy for the Second teer organizations. In chastising the ConCongressional Dsitrict criticizing a lot of talk by men who do gress for voting a budget not produce results.1 deficit of $50.9 Chandler commented, could billion. if we lower the unemploy- ment rate to 5 percent, budget experts tell us that the deficit would drop below $2 billion. Chandler went on record as favoring a relaxation of federal rules and regulations that drive up the cost of business as a means of stimulating the economy and producing more jobs; called for a greater voice on foreign policy issues affecting Utah interests; and criticized the use by government agencies of data versity. banks and computers whose He is a member of the only function is to keep tabs on U.S. Army Reserves, serving honest citizens and violate the in. the Judge Advocate General Corps; Pi Sigma Alpha, rights of privacy. A former legislative aide the National Political Science to Congressman Alan Steelfraternity; Kappa Sigma; and man and recorder for the Utah served as the 1973 executive State Senate, Chandler was director of the Salt Lake City graduated from the University Bar Association United Way of Utah and received his law Drive. degree from American .Uni ttSgfsSBi? Ma Bell Treats Inns to Extra Service SBSSBJ'Ty Hotel and Motel operators treated with a little extra service from Ma Bell in November, 1976. On that date, the Bell system will change to a new long distance dialing system for customers who need operator assistance. The new system permits customers to dial will be the entire long distance If you hold your sales meetingsconventions downtown, youre asking for trouble. and conventions are meant to be attended. So Sales meetings why risk losing your flock to the downtown attractions? Although were located away from the downtown area, we don't think you'll miss a thing. We serve delicious meals in surroundings that are relaxed, yet conducive to productive seminars. Audio-visuequipment, sound systems, special lighting, and a variety of room arrangements will guarantee you all the versatility necessary. Adequate parking? You bet. for large groups-becau- se we have to. At Four Seasons We specialize in providing the West, groups stay large. al full-servi- ce FOUR SEASONS WEST 3618 HIGHLAND DRIVE w 466-437- 5 number, beginning the number by dialing 0. After the call is dialed, an operator will automatically cut onto the line. He or she will key billing information into a computer and send the call on for completion. The computer will automatically compute the rate, record the calling number and number called, time the call and record all this information. Formerly, operators had to look up the rate, write down amount of time an operator must spend on a call by about 40 percent. Hotel and motel operators will benefit from the new system because they are heavy users of operator assistance. If the lodging house operators are connected to Mountain Bell operators by teletype, they may receive billing information sixty seconds after the call is completed. Formerly it took several hours to relay the information. Customers not connected to the Bell system by teletype will be called by the operator with billing information within, ten minutes after the call is completed. Areas being served by the new system in November include Salt Lake Valley, Bountiful and Farmington. By July, 1977, Mountain Bell expects to extend the service both phone numbers involved, time the call and perform to outlying communities other manual bookwork. including Park City and Mountan Bell anticipates the new system will reduce the i |