European Stars And Stripes (Newspaper) - April 24, 1986, Darmstadt, Hesse Thursday april 24, 1986 the stars and stripes Page 7 trip insurance offered against terrorist attacks new York up a travel insurance company tuesday unveiled special insurance for tourists who cancel their trips because of terrorist attacks but excluded such hot spots As Libya Al Salvador and Vietnam. The firm claimed it was the first such coverage Ever in America. The special Access America plan offered by a subsidiary of Blue Cross and Blue shield allows tourists to aban Don their travel plans at the last minute or come Home mid trip because of attacks and get a full refund. Company officials said Many tour groups or airlines might give partial refunds because of last minute cancellations and the insurance would pay the difference. Company president Edward Shulman said the new coverage should address some of the concerns of today s International travellers and take Steps to help preserve the american traveler s right of Freedom of Choice in the insurance does not cover 13 countries which the company deems too dangerous Afghanistan Burma Cambodia Al Salvador Iran Iraq Laos Lebanon Libya Nicaragua North Korea South Yemen or Vietnam. Shulman called the excluded nations not the countries where the typical american takes a the company said it began planning for the new cover age last summer As tourists expressed increased fear of travelling abroad because of terrorism. The terrorism insurance which is also available for people travelling on business costs Between $3 and $7 a White House Security Fence a photo workers in a Pittsburg kan., factory Load steel columns onto a truck for shipment to Washington where they will be used in a new White House Security of the columns weighs More than 4,000 pounds. Day per traveler. Family plans Are also available. Shulman said the insurance company follows a very Liberal definition of what terrorism he said regular travel insurance with an interruption clause would not cover such incidents. In the event there is a dispute Shulman said Access America would defer to the state department on whether an incident could be defined As terrorism. In general the insurance company defines a terrorist act As any Politi Cally motivated act of violence aimed at a group of people or a we re not a militia. We Don t Send guards out shul Man said. While we can t protect them physically we can protect them legislator admits drinking caused him to miss session Sioux Falls . A a state legislator run Ning for Congress apologized tuesday for letting drinking interfere with his duties and for lying about Why he missed a Busy Day in the legislature in february. Rep. Ron Volesky a House member for six years said he still would seek the congressional nomination in the june 3 Republican primary. Volesky had said he was absent from the legislature on feb. 21, when 42 Roll Call votes were taken because he had the flu. However a police report showed that he had been asked to leave a bar in Pierre the state capital that Day. In his report police it. Mike Sines said the bartender told him he wanted Volesky to leave because the lawmaker was starting arguments. On tuesday Volesky called news conferences in Huron and Sioux Falls to change his Story and apologize. I had too much to drink and was unable to perform my duties As a legislator Volesky said. I had a difficult time with a close personal relationship and did t handle it very Volesky said he began drinking at the bar the night before was helped Back to his Motel room by friends and continued drinking in several bars until 1 30 . On the Day he missed the session. He said he decided to Tell the full Story after consulting with his staff but he said he probably would not have come Forward if he had not been confronted by an associated press Story on his absence. Volesky said he never seriously considered withdrawing from the primary in which he faces three opponents. Reagan urges repeal of Oil Industry Windfall profits tax Washington a president Rea Gan urged tuesday that Congress repeal the Windfall profits tax on America s Oil Industry which has been shaken by collapsing prices and a worldwide production glut. Reagan in meetings with Oil state con Gressmen and governors also underscored his support of deregulation of natural Gas and promised he would review measures designed to help marginal production Wells also known As stripper Wells which produce 10 barrels a Day or less. While the president remains concerned about our Energy Security he reaffirmed his belief that lower Energy prices Are of great Overall Benefit to the american Economy presidential spokesman Larry Speakes said. Repeal of the Windfall profits tax would have Little practical Impact either on the Treasury or on the Industry since the tax is producing Little or no Revenue now. However the move would have political implications in Energy producing states particularly Texas a major Battleground in the presidential race and a producer of about one third of the nation s Domestic Oil Supply. Rep. Richard Cheney r-wyo., said the tax which would kick in again if Oil prices increase fundamentally discourages people from taking risks that go with exploration for Oil and now while the Price is Down it s a Good Opportunity for us to Clear away some of the underbrush that would otherwise serve As a disincentive to the kind of investment we re going to have to have Cheney added. Rep. Bill Archer a Texas said the tax while producing no Revenue places a very Large administrative Burden on the Indus try a Cost which could be used to develop and find More As a candidate in 1980, Reagan opposed the Windfall profits tax but As president he has not worked for its repeal. Speakes discussing repeal of the tax said if there Are no profits then it does not seriously affect revenues either however he said elimination of the tax would be one less Barrier to exploration in the goes. George nigh of Oklahoma and de Herschler of Wyoming met separately with Reagan and said later he had agreed with All of their proposals except imposition of a temporary variable fee on imported Oil. On the other hand Reagan reiterated support for Steps such As maintaining the status quo in tax benefits for the Oil Industry and Al lowing utilities free Choice of Energy sources. Herschler said that Overall we think we be done quite Gus Ensz a spokesman for the american Petroleum Institute issued a statement say ing the elimination of the Windfall profits tax would be a sensible action for the government to take and would provide greater incentives for the exploration for future Domestic Oil. It would however not address the Short term problem of enabling Oil producers to develop marginal rep. Mickey Edwards and sen. Don Nickles both Oklahoma republicans were notified in Advance by the White House that Reagan supported the repeal Campaign. Nickles said the action would save the Industry and the government millions of dollars in bookkeeping and administration costs. The Levy imposed in 1980 As Oil prices skyrocketed is not really a tax on profits. Instead it is a tax on the increase in the Price of crude Oil above 1980 Levels. Tax rates vary according to a variety of factors such As the Type of Oil and where it is produced. With the glut in production Oil prices have plunged to Between Elland $13 a barrel less than half the level of just four months ago. At its Peak in 1981, the tax produced $23.4 billion for the Treasury according to figures released by Nickles. Since then revenues have been declining steadily dropping to $9.1 billion in 1984. The tax was projected to produce $6.4 Bil lion in 1985 and $4.2 billion in 1986, but those estimates were based on Oil Selling at $24 a barrel. Cuomo gets last laugh Over Nixon s election forecast san Francisco a new York gov. Mario Cuomo jabbed Back tuesday at former president Richard m. Nixon who called Cuomo More poetry than prose com pared with sen. Gary Hart and predicted that either Democrat would lose to George Bush if they ran for the presidency in 1988. When the time for the american people to pass judgment on or. Nixon in his moment of sadness came mine was among the voices that found fault Cuomo told the same american newspaper publishers association convention that Nixon had addressed monday. Or. Nixon had a life before that moment and has had a life since that moment and i d like to say clearly what i think most americans feel and Dent Nixon is a Man that is that presi a of great intellect unique experience and extraordinary Politi Cal Wisdom Cuomo said. He has shared All of that with the american people generously and beneficially and i and i believe most americans Are grateful for that and Hope that he will continue to offer us his counsel for Many years to come Cuomo said to loud applause from some 2,000 publishers and their spouses. Then he Drew a loud laugh by adding that does not mean he s right about the next election or knows anything at All about poetry and
