Abstract

In the Driftway
July 3, 1929 issue

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This article presents news items related to social conditions in the U.S. An American insurance company has announced a new policy by which it will pay owners of houses and other property for damages caused by falling or alighting airplanes. The announcement refers to the new policy as "protection." What is meant, of course, is not "protection" but compensation, which is by no means the same thing but often the best substitute which a not- quite-perfect world affords. The appearance of this new kind of insurance is said to have been precipitated directly by a recent accident in New Jersey, when a plane hit the roof of the summer home of the Governor of the State.

See Also:

UNITED States -- Social conditions; PROPERTY insurance; BUSINESS enterprises -- United States; INSURANCE companies; INSURANCE policies; UNITED States
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