Quotes of Note

I’m not gonna sit here and conceal the fact that it happened. ‘Cause in the last three weeks, I’ve seen evidence of it.

 

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Brad Kieserman, FEMA’s deputy associate administrator for insurance

We are concerned that within the next decade — or perhaps sooner — we will experience an Armageddon-type cyber event that causes a significant disruption in the financial system for a period of time — what some have termed a cyber 9/11.

 

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New York Financial Services Superintendent Benjamin Lawsky

Some of these homes are tremendously high risk.

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Tom Jeffery, a CoreLogic senior hazard scientist

“Cyber insurance take-up rates at smaller companies [with revenue less than $1 billion] have not grown,

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Deputy U.S. Treasury Secretary Sarah Bloom Raskin

Insurance coverage for drone operators and clients will likely be a practical requirement for any commercial use, but the FAA wisely chose not to make this a federal requirement.

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Jimi Grande, NAMIC vice president of federal affairs

The personally identifiable information apparently hacked at Anthem is exactly what tax fraud thieves use to make false refund claims that appear to be legitimate.

 

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Kevin Sullivan, commissioner of Connecticut's Department of Revenue Services

If you think about it and look at that correlation between the increase in obesity rates and the introduction of computers into the work place they align.

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David Quezada, vice president of loss control at Employers

Recent cybersecurity breaches should serve as a stern wake up call for insurers and other financial institutions to strengthen their cyber defenses.

 

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New York Department of Financial Services Superintendent Benjamin M. Lawsky

One way to accumulate information on TNC driver behavior may be the use of telematics installed in driver vehicles.

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White paper from NAIC Sharing Economy Working Group

Missouri will continue to be a judicial hellhole.

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Missouri Senate Majority Floor Leader Ron Richard, R-Joplin, is in favor of capping punitive damages in lawsuit awards to prevent the “judicial hellhole” effect.