The rules of attraction “The program is an effort to attract more property and casualty providers to our state and to increase the private market capacity by 15 percent.” — Louisiana Commissioner of Insurance Jim Donelon, explaining the goal of …
Penning a plan “You don’t want us to write a plan and say, ‘Here, San Francisco, this is what you’re going to do.’ They’ve got to write it.” — Homeland Security Secretary Michael Chertoff telling the Associated Press in March …
Flood reforms “Flood insurance reforms are needed because, as we have seen, storms will become stronger and more intense, and we need a program that can contend with the worst that Mother Nature can throw at us. Simply put, we …
Consumer advice “The reality is that Citizens offers a one-size-fits-all policy that often leaves coverage gaps and there is a higher probability that assessments could wipe out any perceived savings.” — Jeff Grady, Florida Association of Insurance Agents, upon his …
They love it “Insurance companies love mediation.” — Louisiana Insurance Commissioner Jim Donelon, speaking before the state’s Senate Insurance Committee, added that mediation costs less than going to trial. Donelon is encouraging property insurers in his state to continue mediating …
Funeral director’s scam “I didn’t try to deceive anyone out of their money, I was just trying to maintain my business.” — Kent Kellog, 51, a former Indiana funeral home director accused of cashing in policies totaling more than $100,000 …
Workable competition “We all like competition when it works but we’ve seen enough failures to know that without proper safeguards, businesses will seek to add to their bottom line at the expense of the public and the consumer.” — Deirdre …
Declarations Funeral director’s scam “I didn’t try to deceive anyone out of their money, I was just trying to maintain my business.” — Kent Kellog, 51, a former Indiana funeral home director accused of cashing in policies totaling more than …
Declarations They love it “Insurance companies love mediation.” — Louisiana Insurance Commissioner Jim Donelon, speaking before the state’s Senate Insurance Committee, added that mediation costs less than going to trial. Donelon is encouraging property insurers in his state to continue …
Declarations Flood reforms “Flood insurance reforms are needed because, as we have seen, storms will become stronger and more intense, and we need a program that can contend with the worst that Mother Nature can throw at us. Simply put, …
