Eliot Spitzer News

Declarations

Unfunded’ mandate “Here in New Hampshire, we pride ourselves on being frugal, and here in New Hampshire, we pride ourselves on respecting the privacy of our neighbors. We are not about to be coerced into an unfunded mandate, especially one …

N.Y. Reforms Credited with Shaving Workers’ Comp Rates by 20.5%

Rates for workers’ compensation insurance in New York will decline by more than 20.5 percent, —the biggest cut in more than 20 years — saving employers about $1 billion, according to state officials. Gov. Eliot Spitzer, joined by Assembly and …

N.Y. Names Medical Malpractice Task Force After Approving 14% Hike

Regulators in New York approved a 14 percent increase in medical malpractice insurance rates on Monday and Gov. Eliot Spitzer formed a task force to find ways to rein in the high cost of the coverage. The state insurance department …

After fast start with workers’ comp, Albany sputters

Key legislation stalls as newcomer Gov. Spitzer, veteran Senate Leader Bruno clash Despite the state having a new governor, The New York Legislature continues with its old ways favoring political paralysis over action. The Assembly, which is controlled by Democrats …

After fast start with workers’ comp, Albany sputters

The Assembly has had its own reasons for moving slowly, especially on insurance bills — its insurance committee lacked leadership. Despite the state having a new governor, The New York Legislature continues with its old ways favoring political paralysis over …

News Currents

Mississippi poses PR challenge for State Farm and industry It’s the latest version of the Hatfields versus the McCoys but with billions of dollars and an insurer’s, if not an industry’s, reputation at stake. The State Farm Insurance Co.’s communications …

Mississippi poses PR challenge for State Farm and industry

It’s the latest version of the Hatfields versus the McCoys but with billions of dollars and an insurer’s, if not an industry’s, reputation at stake. The State Farm Insurance Co.’s communications staff is compelled to retort as Mississippi Attorney General …

People and Places

Countrywide Insurance Group named Steve Cardinal president and chief operating officer of Countrywide Insurance Services. As a member of Countrywide Insurance Group’s executive team, Cardinal will oversee all aspects of Countrywide Insurance Services. He also will spearhead efforts to hire …

Businesses protest N.Y.’s ‘scaffold law’ as session nears end

With the New York Legislature set to adjourn on June 21, business associations and groups representing the state’s agriculture and construction industries again urged Gov. Eliot Spitzer and state legislators to dismantle the so-called “scaffold law.” The scaffold law — …

N.Y. vows to revamp regulation to remain financial capital

New York Gov. Eliot Spitzer has created a commission to identify ways for New York to enhance its status as a world financial capital by modernizing its regulatory scheme and perhaps merging state regulation of insurance, banking and securities. “The …