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 …
Civil justice “If the criminal system is not going to follow through and make them accountable, the only thing we have left is the civil system.” James Gahan, whose 21-year-old son, Jimmy, died in The Station nightclub fire in Rhode …
$11 billion question “There’s no question that state legislators believe drivers’ licenses should be as secure as is possible. The $11 billion question is, ‘Who’s going to pay for it?’” National Conference of State Legislatures Executive Director William T. Pound …
Coordinated research needed “Hurricanes, by far, cause more economic damage to a more widespread area than any other natural disaster. This bill takes sound, scientific recommendations and builds from them a foundation for better, more coordinated research. Given the enormous …
Commissioner challenge “The principal role is to make sure that the market works; that you have insurance products that are reasonably priced that provide the service that they’re purported to do with the policy; and that the company has the …
Gambling man “Our investigation determined that Mr. Bowen created an elaborate scheme that diverted the premiums of dozens of customers into his personal bank accounts to fund gambling and other personal activities. To hide the theft, Bowen allegedly created fraudulent …
Skip Free Advice “Seniors should be wary of unsolicited offers of free advice, especially if they are asked to divulge personal financial information, such as listing their income and assets.” Comment made by Illinois Attorney General Lisa Madigan when she …
“We have survived two devastating storms and I will not allow our citizens to fall victim to fraud or abuse as we rebuild Louisiana. I am pleased that the U.S. Department of Justice and our state Attorney General have joined …
Easy attack “For the life of me, I cannot understand why the terrorists have not attacked our food supply, because it is so easy to do.” —Dr. Jerry R. Gillespie, director of the Western Institute for Food Safety and Security, …
No requirement “Although the court concluded that the commissioner has the authority to implement an assigned risk plan, the decision by no means requires her to do so.” James A. Ermilio, executive vice president of Massachusetts insurance operations for The …
