July 23, 2012
Fake Dead Cat “We’ve handled some pretty unusual fraud cases, but this is one of the stranger ones.” —Washington Insurance Commissioner Mike Kreidler, referring a Tacoma man who is facing attempted theft and insurance fraud charges after filing a $20,000 …
July 23, 2012
All Alone “I’m by myself.” —Kansas Insurance Commissioner Sandy Praeger acknowledged recently that she’s a lone Republican voice in her state in support of setting up an online system for consumers to comparison shop for health insurance. The federal health …
July 23, 2012
Healthcare Ruling Brings Cheers… “It’s a victory for the American people because it sustains a law that gives families security, holds insurers accountable and helps Americans get the care they need.” —Mass. Gov. Deval Patrick’s comment on the U.S. Supreme …
July 2, 2012
He Owed Them ‘I owed it to each writer to consider them.” —U.S. District Judge David Hittner comments on the 350 letters he received from investors defrauded by former billionaire Allen Stanford that detailed the impact of the fraud on …
July 2, 2012
Embracing Social Media “Facebook is a great way to get our message out to Maryland residents.” —Maryland Insurance Commissioner Therese Goldsmith on utilizing social media. The Maryland Insurance Administration announced last month that the agency has set up a Facebook …
July 2, 2012
Risky “You have to get every risk in the pool – the healthy risks and the less healthy risks – to keep insurance affordable. Without the individual mandate that will be very difficult to do.” —Susan Pantely, principal and consulting …
July 2, 2012
Something Special “Maybe we’ve done something special here. … Even in the middle of an election year, we can get something done.” —Kansas Senator Pat Roberts, a Republican, comments on Senate passage of new U.S. farm legislation that would cut …
July 2, 2012
Tech-Driven “The long-term trajectory for these technologies is the vehicle that drives itself — the driverless car.” —Rob Strassburger, Alliance of Automobile Manufacturers Pro-Mandate “You have to get every risk in the pool – the healthy risks and the less …
June 18, 2012
AIG Pays “This important settlement is a significant win for California businesses and consumers and is the culmination of an extensive effort by insurance regulators across the country to investigate and ultimately correct serious issues of non-compliance by a major …
June 18, 2012
Breach and Response “As soon as there was an inkling that there was a breach, they should have been all over this.” —Laura DiDio, a technology analyst with a consulting firm known as ITIC, comments on the response to a …