Insurance companies should divest their tobacco investments

Article Abstract:

Life and health insurance companies should voluntarily divest their investments in tobacco companies because such a move benefits the public, their policyholders and themselves. The public records of 33 insurance companies show they hold $4.5 billion in tobacco investments. A telephone survey of 10 companies, conducted in April and May 1996, found that only one company, Aetna Life Insurance & Annuity Co, does not hold tobacco investments in its actively managed accounts. Six of the 10 make tobacco investments based solely on financial considerations.

Evaluation, Insurance industry, Investments, Life insurance industry, Ethical aspects, Corporate social responsibility, Socially responsible investments, Tobacco

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Tobacco money lights up Congress

Article Abstract:

Lobbyists representing the alcohol and tobacco industries make hefty contributions to Afro-American members of Congress. Various minority organizations such as the National Urban League and the United Negro College Fund have long received monies from these two sources as well. Charles Rangel and Edolphus Towns are two New York congressmen who have received large contributions from the alcohol and tobacco industries.

Analysis, Finance, Political activity, Alcoholic beverage industry, Lobbying, African American legislators

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The Fire-Safe Cigarette: The Other Tobacco War

Article Abstract:

Fire-safe cigarettes occupy an important niche in workplace safety programs. Fires started by cigarettes pose a significant threat to employee safety, whether at home or on corporate premises. Although federal studies indicate that developing a fire-safe cigarette is feasible from economic and technological perspectives, legislation mandating its development has not yet been successful.

United States, TOBACCO PRODUCTS, Tobacco Manufacturing, Management, Product development, Prevention, Fire prevention, Cigarettes

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