March 9, 2009
Can’t Figure “I can’t figure out what amount (Blunt) is convicted of.” —District Judge Bruce Romanick in ordering Sandy Blunt, the former director of North Dakota’s Workforce Safety and Insurance agency, to perform 1,000 hours of community service and pay …
March 9, 2009
No Choice “They (Legislature) will do something because they have no choice.” —Sam Miller, executive director of the Florida Insurance Council, commenting on the need for the Florida Legislature to include property insurance on its upcoming agenda. Overexposed “We’re overexposed. …
March 9, 2009
Tools to Intervene “The Texas insurance companies remain well-capitalized. … There has been no bankruptcy filing by the parent company. In the event of any changes in the status of the parent company, our state laws provide us with tools …
February 22, 2009
Siren Song “The fire department is going to be mad at me.” —A sang phrase recorded by Amanda Gessner, 19, in a Drexel Hill, Pa. convenience store surveillance camera – which led to her arrest for arson charges. Police say …
February 22, 2009
Drunken System “It is surprising to the authors that these tragedies do not occur more frequently than they do in Kansas. As we studied this issue, we found many things that need attention, and many parts of the system about …
February 22, 2009
Devastating “From what I saw today, it was incredible, and we only saw a very small portion today. If you extrapolate that over the entire geographic area that is impacted by Kentucky, it’s a devastating situation for the state.” —Acting …
February 22, 2009
God, not Guns “Let us keep the sanctity of churches and put our faith in God and not in guns.” —Rep. Steven Breedlove, a minister at the Valley View (Ark.) Church of Christ. The Associated Press reported that Breedlove and …
February 22, 2009
Surplus Lines Standards “We believe that the bill would make the surplus lines marketplace more efficient by facilitating the payment of surplus lines premium taxes and eliminating unnecessary duplicative compliance requirements on surplus lines multi-state risks.” —John Wood, president of …
February 8, 2009
The Price of Defeat “This type of public nuisance litigation is not cost free.” —Charles Moellenberg Jr., a lawyer for Sherwin-Williams, which was among the three paint companies last month to win a $242,000 judgment against the state of Rhode …
February 8, 2009
Middle Strategy “This truly is a strategic move not a financial move. The data [on independent agents’ market share] is pretty compelling… For years, agents and brokers have sought to place their middle market clients with Liberty Mutual but couldn’t …