Uncovered crime “Larger firms may be able to absorb the financial shocks of employee crime, but smaller firms may be faced with financial disaster. Surprisingly, our research shows that more than two-thirds of private companies do not buy crime insurance.” …
“I have to ask you to trust me based on 26 years of service not based on 18, 19 months of rumor.” — Louisiana Congressman William Jefferson, who was unable in the Nov. 7 election to overcome allegations in an …
Soundly defeated “We’ve learned that we need not fear voters won’t understand the benefits of credit scoring and will respond on basis of their own interests. I think we had a fairly good idea that we were going to win. …
Ku Klux Klan “The ability of the State Patrol to effectively protect its citizens requires the public’s trust. Allowing a Klan member in the ranks destroys that trust.” Comments made by the Nebraska Attorney General after the office asked a …
Time for changes “When your CEOs are making $26 billion a year, we need to make some changes.” Ginny Stevans, president of Homeowners Against Citizens, a group protesting Florida’s skyrocketing insurance costs. She was speaking at a seven hour meeting …
Ups and downs “It now appears clear that the industry’s record profits in 2004 and 2005, and the exceptional record profit about to be reported for 2006, are due in large part to the years of huge rate hikes in …
N.J. gay couples “Denying committed same-sex couples the financial and social benefits and privileges given to their married heterosexual counterparts bears no substantial relationship to a legitimate governmental purpose.” The New Jersey Supreme Court in its decision giving the state …
Economic outlook “The challenge for both the Federal Reserve Board and the U.S. economy is that this period of sub-par growth is likely to have little impact on inflation and short-term interest rates.” Gail D. Fosler, executive vice president and …
Crisis in S.C. “The costs associated with the workers’ compensation system are increasing at a faster rate than in other states. That, coupled with the large assessment for the Second Injury Fund, creates an unstable environment for workers’ compensation insurance. …
Toe to toe with the gecko “GEICO is an incredible opponent for local independent agents. We simply decided to compare ourselves with the largest insurance marketer in the United States. With over one hundred companies to offer our clients, we …
