Antitrust laws “Federal oversight would provide confidence that the industry is not engaging in the most egregious forms of anticompetitive conduct – price fixing, agreements not to pay, and market allocations … insurers may object to being subject to the …
Robber baron “We’re looking a robber baron in the face. State Farm is not a responsible corporate citizen.” Mississippi Attorney General Jim Hood fighting a recent decision by State Farm Insurance Co. to stop writing new home and commercial property …
Stellar statistic “This is the most remarkable statistic of all. The combined ratio we estimate to be about 94 for the year. That would be the best result since 1955.” — Dr. Robert Hartwig, president and chief economist of the …
Common thread “The common threat that brought us together is terrorism. That was our springboard.” Jonathan Edmondson, operations manager of the British Red Cross, at a meeting in New York of government and American Red Cross disaster experts from New …
Government secrecy “It’s another nail in the coffin of open government.” Rep. Marc Feinstein, D-Sioux Falls, reacting to a measure that passed the South Dakota House that would close the driving records of firefighters, police, ambulance employees and other emergency …
Taking additional steps “With online banking, bill paying, and shopping increasing exponentially each year, we must take additional steps to protect our identities, provide help to those who have become victims, and make sure those who are committing the crimes …
Different approach “From day one, USAA has adjusted Hurricane Katrina claims responsibly, and we will continue to do so until every claim is closed. According to media reports, State Farm reportedly declined coverage for both wind damage and water damage …
History of hostility “Am I going to be as hostile as the last guy? I’m going to fulfill my legal obligations to protect consumers.” — California Insurance Commissioner Steve Poizner, summing up an audience member’s question at the Insurance Brokers …
Government secrecy “It’s another nail in the coffin of open government.” Rep. Marc Feinstein, D-Sioux Falls, reacting to a measure that passed the South Dakota House that would close the driving records of firefighters, police, ambulance employees and other emergency …
Different approach “From day one, USAA has adjusted Hurricane Katrina claims responsibly, and we will continue to do so until every claim is closed. According to media reports, State Farm reportedly declined coverage for both wind damage and water damage …
