Declarations
Naked on Wall Street “You always find out who’s been swimming naked when the tide goes out. We found out that Wall Street has been kind of a nudist beach.” —Berkshire Hathaway’s Warren Buffett who also told Reuters that the …
Declarations
SUV Crashworthiness “In the latest tests, the Tiguan’s performance is a standout. It sailed through the front and side crash tests without a single downgrade for structure or measures of injury likelihood recorded on the dummy.” —Insurance Institute for Highway …
Declarations
Taking the 5th “Has it been your custom and habit in prosecuting litigation to have Senator Lott contact and encourage witnesses to give false information?” —State Farm Fire & Casualty Cos. attorney Jim Robie cross-examining Zach Scruggs, son and law …
Declarations
Swimming in the Buff “You always find out who’s been swimming naked when the tide goes out. We found out that Wall Street has been kind of a nudist beach.” —Warren Buffett, who has been named the world’s richest man …
Declarations
Agent-Broker Duties “It’s important to understand this bill doesn’t change anything for brokers that want to continue doing business as usual. Yet it really creates an opportunity for producers to have a safe harbor, if you will, to take advantage …
Declarations
Declarations Mass. Expansion – Vermont Mutual CEO Thomas Tierney, commenting on his company’s decision to enter the Massachusetts personal auto insurance market. It is the second company this month – along with American International Group – to announce it would …
Declarations
Declarations – Tara Hutchison, spokeswoman for Alabama Gov. Bob Riley, after a judge dismissed most of a lawsuit in which an indicted insurance executive accused the governor and others of conspiring to drive him out of the insurance business. Montgomery …
Declarations
Declarations Bundled Buying “Buyers who use insurance agents are also more likely to purchase bundled auto and homeowner insurance policies. … Despite this trend, insurance providers are steadily enhancing their Web sites capabilities, and shopping through a direct channel certainly …
Declarations
Contingency Plans “The insurance marketplace has been distorted by the growth of contingent commissions coupled with a lack of transparency among most producers.” —Steve McGill, chairman and chief executive officer of Aon Risk Services, in testimony before New York regulators …
Declarations
Buckle Up “There is an obvious correlation between safety belt use and the fatality rate.” —Illinois State Police Director Larry G. Trent comments on the announcement on July 15 that the number of motorists and front seat passengers who buckle …
