Declarations – West

November 5, 2012

Healthcare Challenge

“This challenging environment increases the pressure on health care providers to seek the most appropriate and cost-effective insurance programs.”

–Dominic Colaizzo, chairman of Aon Risk Solutions’ Health Care Practice, commenting on an annual industry study by Aon Risk Solutions that shows among other challenges, hospital risk managers are grappling with greater physician integration and changes in state legislation that influence professional liability costs.

Independent Dynamic

“This is great news for the independent agency system and reflects a stable and growing distribution system that remained resilient during the recent economy challenges.”

–Robert Rusbuldt, Big “I” president and CEO, commenting on a 2012 Agency Universe Study that shows the number of independent insurance agencies has increased, newer agencies are growing and the system as a whole is dynamic.

Grapes of Wrath

“These workers picked lettuce and worked in grape fields over 10 hours a day without receiving overtime pay.”

–Said California Labor Commissioner Julie A. Su, who filed a $1.6 million lawsuit against a Greenfield farm labor contractor Zavala Farms for multiple violations, including failure to provide minimum wage and overtime to roughly 150 workers covering more than 10 work locations.

Monster Buzz

“There is no legal or commercial business requirement to do so. And because our products are completely safe, and the actual numbers are not meaningful to most consumers.”

–Were reasons a Monster Beverage official gave to Consumer Reports for why some beverage labels do not reveal exact caffeine levels, aside from not wanting to give away secret recipes. According to a study by the magazine, 11 of the 27 top-selling energy drinks in the U.S. do not specify the amount of caffeine in their beverages.

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Insurance Journal Magazine November 5, 2012
November 5, 2012
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