Business: Time Clock, Jul. 15, 1957

ATOMIC INSURANCE backed by Government will be approved by Congress, provide up to $500 million worth of liability coverage for nuclear power developers. It will supplement $65 million coverage offered by private insurance pools, which atom developers complained was too small. House passed bill providing U.S. liability coverage at low rate of $30 a year per 1,000 kw. and requiring all plants of 100,000 kw. to carry maximum available private insurance.

LONDON'S TALLEST BUILDING, a $12 million, 34-story, 700-room luxury hotel, is planned by Conrad N. Hilton and British Millionaire Charles Clore. Towering...

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