No Warren Buffett “The heart and soul of what insurance companies should be is underwriting companies. I mean, I tell people there’s only one Warren Buffett, and I’m not him.” —Fred Eppinger, CEO of Worcester, Mass.-based The Hanover Insurance Group, …
Weighing the Cost “Certainly there are thousands of drivers out there who can ill-afford this additional cost. That’s always the case. I think that’s outweighed by the tens of thousands who are left uncompensated by the damage that minimally insured …
No Warren Buffett “The heart and soul of what insurance companies should be is underwriting companies. I mean, I tell people there’s only one Warren Buffett, and I’m not him.” —Fred Eppinger, CEO of Worcester, Mass.-based The Hanover Insurance Group, …
Climate of Understanding “Insurers have dealt with the impact of extreme weather for centuries. Mopping up the aftermaths of a hurricane or cyclone is second nature to us. Above all, we understand people’s attitudes to risk and – on a …
Battling Ida “They were literally fighting each wave. They did that for days.’” —Ocean City, N.J. resident Bob Ashenbrenner, describing local officials’ efforts to reinforce breached dunes near his home as the remnants of Tropical Storm Ida battered beaches along …
No Workers’ Comp for Illegals “We are going to provide a mechanism for those claims to be investigated and if the people turn out to be unauthorized there will be no coverage. We will try to wring costs out of …
Floridians Fret “More than a third of Floridians say they have suffered a personal financial crisis in the past year. Adequate insurance can help prevent a crisis.” —Bill Gunter, chairman of the Florida Association of Insurance Agents, which sponsored Money …
Disappointed But Happy “While I am disappointed that larger refunds were not ordered, I am very happy that the Commissioner concurred with our position that refunds were due though August 2008 instead of June 2006 as argued by his staff.” …
Firefighting at Night “Nighttime air attack is a standard. … Such action was not taken because the USFS policy prohibits night flying. Would night flying have made a difference? No one can say for sure, but night flying is a …
Opposed to Public Option “The House passed a bill today that includes a government-run health insurance plan (public option) that would unfairly compete with the private insurance marketplace, limit consumer choice and increase the taxpayer burden.” —Charles Symington, senior vice …
