Politics as Usual “I have always run the Insurance Department with the utmost integrity and ethics, and now it’s been proven.” —Former North Dakota Insurance Commissioner Jim Poolman voices satisfaction after a proposal to regulate the resale of life insurance …
Taking it Seriously “In view of Allstate’s ongoing, blatant disregard of our subpoenas, I have little choice but to take an action that will send a clear message about how seriously I am taking this issue.” —Florida Insurance Commissioner Kevin …
Severe Impact “There’s a lot of scrap metal in the trees and fence lines, a lot of insulation, lumber. … The path of the tornado was several miles long and impacted a number of different areas where there were houses. …
Startling Results “We wanted to know what these insurance agents see for 2008, and the results were more than a little startling.” —Joe Wheeler, vice president of Self Insured Solutions (SIS), commenting on a survey his company conducted with California …
Surprising Amount “We are both surprised and disappointed by the amount of the fine.” —Michelle Levy, Spokesperson for Foremost, reacting to a $230,000, near-record fine levied against the company by the state of Connecticut. The fine came after regulators found …
Big Brother? “These cameras are another important tool that motorists can use when deciding if they should head out on the road.” —Darin Bergquiest, South Dakota Transportation secretary comments on how new cameras might save lives or prevent injuries. Motorists …
Frankel-y Speaking “I consider the role the Mississippi Insurance Department has played in bringing Mr. Frankel and his co-conspirators to justice to be one of the finest accomplishments during my time in office.” —Long-time Mississippi Insurance Commissioner George Dale, who …
The Worst Storm “This is without question the worst ice storm in state history, and it will require a historic response from all levels of government.” —Oklahoma Gov. Brad Henry, following severe ice storms that hit his state in December …
Workers’ Comp Insurer Needs Change “Given SCIF’s size, its fiscal health is integral to ensuring a healthy and competitive workers’ compensation marketplace.” —California Insurance Commissioner Steve Poizner, commenting on recommendations to improve the State Compensation Insurance Fund. The recommendations were …
Getting Underway “Even though competition is just getting under way and Massachusetts drivers will realize significant savings now, many more benefits will evolve over time, as new companies enter the market, new products are introduced and companies fight for market …
