Declarations

Lonely

“It’s lonely sometimes with all the guys.”

—Sen. Katrina Frye Shealy, who is also an insurance producer, on being the only woman in the South Carolina Senate.

Shake Up

“We have gone above and beyond the requirements for most development projects in Los Angeles to conduct seismic studies that conclusively demonstrate the safety of our project site.”

—Millenium Partners, developers of a $654 million skyscraper in Hollywood, issued a statement saying a lawsuit to halt the project because of earthquake concerns was unwarranted.

Self-Driving Cars

“It’s technology that is going to revolutionize transportation, the automotive industry and perhaps most importantly of all, it’s going to enhance automobile safety and I think efficiency as well.”

—U.S. Rep. Bob Goodlatte (R-Va.) on Google’s development of self-driving cars. Google is teaming up with Virginia Tech researchers to bring its vision of cars that can drive themselves to reality.

Incentive Program

“They succeeded in making a compelling case for us to make the move to Connecticut.”

—Stanley Galanski, CEO of Navigators Group which recently moved its headquarters from Rye Brook, N.Y., to Stamford, Conn. The insurance group is receiving from Connecticut a 10-year, forgivable, no-interest loan of up to $8 million and a grant of up to $3.5 million, contingent upon reaching certain job milestones.

Team Effort

“Putting together the risk management program, the insurance, the safety, the claims management, the data management, is never just a single risk manager’s job.”

—Silverstein Properties’ risk manager Shari Natovitz on putting together the risk management program for the World Trade Center development projects in New York. The developer’s 4 World Trade Center tower is scheduled to open its doors later this year.

Topics Risk Management