Declarations

Stepping Up and Out

“The boards of directors of these companies are basically having to step up and be more anticipatory, and take steps to show their shareholders and show regulators that they mean business, and that they want to return to profitability.”

—Scott Fullman, investment analyst for WJB Capital Group in New York, commenting on the departure of Martin Sullivan as CEO of American International Group Inc.; Sullivan was replaced by former Citigroup Inc. executive Robert Willumstad

Glad to be Back

“We are absolutely delighted to be back and look forward to providing consumers with another quality choice in the marketplace.”

—Michael Christiansen, president and chief executive officer of Peerless Insurance, commenting on his company’s return to the Massachusetts personal auto market. Last month, Peerless sold its first Massachusetts personal auto policy in 20 years.

Good Made Better

“What we learned is that we have a very stable system; a lot of the reports claiming it needed an overhaul were false. We took a good system and made it better.”

—New Jersey state Senator and labor committee chairman Paul Sarlo, commenting on a series of recently passed bills that made the first significant changes to the Garden State’s workers’ compensation insurance system in 30 years.

Difficult in Delaware

“For people in state government to make it difficult for people in Delaware to get this information, to me is just inexcusable.”

—Delaware state Rep. Robert Gilligan, a cancer survivor, commenting on a decision by lawmakers to publicly release information about the prevalence of cancer in some areas of the state.

Impossibility in New York City

“It is simply impossible for our inspectors to be at every site at all times.”

—Robert LiMandri, New York City’s acting Buildings Commissioner, testifying before a House Education and Labor Committee hearing examining whether there are insufficient safeguards in place for cranes used at high-rise construction sites.

Topics New York Delaware