Coordinating Oversight “Entering this agreement with the FTC is important to making sure markets for consumer financial products are getting efficient and effective federal government oversight.” —Richard Cordray, the recently appointed director of the Consumer Financial Protection Bureau and former …
Mission Impossible “All signs are pointing to more unprofitable years ahead for the workers’ compensation insurance industry.” —Standard & Poors Ratings Services in its report titled, “For The U.S. Property/Casualty Industry, Making Workers’ Compensation Profitable May Be Mission Impossible.” Too …
Changing Weather Patterns “We have, during the last four years in a row, really seen extreme weather away from the coasts. We’ve seen it in areas that historically haven’t got that much attention, from a modeling perspective.” —Robert Hartwig, president …
A Lot to Be Proud of “We have a lot to be proud of as an industry in the way we performed in 2011. We weathered the financial storm that came together both in terms of the economy and the …
Social Justice “Each circumstance is a little different, and this adds to the mix of circumstances in which the courts consistently say that children in the custody of the state of Colorado have a right to be kept safe from …
Kentucky Buggie “If we would go ahead and pay the fine, I think we would be working against our own religious beliefs. We will not pay the court to prosecute us for our religious beliefs.” —Jacob Gingerich, one of 9 …
Less Negative Impact “Overall, the findings can be viewed as reassuring, in that an aging workforce may have less negative impact on loss costs than originally thought.” —Tanya Restrepo and Harry Shuford, researchers at the National Council on Compensation Insurance …
So Long “Since I have enjoyed this work and your friendship, this was not an easy decision. I know you’re proud of how much has been accomplished on every front in 2011.” —South Carolina Insurance Commissioner David Black in an …
Alaskan Texting “If the Alaska legislature wanted to prohibit texting, then it should have, and could have, clearly said so, just as California did.” —Alaskan Magistrate Jennifer Wells, saying the Legislature should have been explicit if they truly meant to …
No Single Answer “Distracted driving is a serious problem and in our increasingly mobile world, it is becoming the norm. As we have seen with other motor safety issues such as seatbelt use and drunk driving, there is no single …
