Cash Problem
“This has become a big problem that we can no longer ignore.”
—Ashley Mayer, from Florida’s insurance consumer advocate’s office, telling lawmakers that the use of check cashing companies to facilitate fraud in the construction industry has become a statewide problem.
Greek Economy
“Greece has the economy of somewhere like Alabama. I think the high degree of uncertainty coming out of Europe is overblown.”
—Insurance Information Institute President Robert Hartwig at the PLUS Conference in San Diego.
Prison Liability
“It’s sort of a ‘Whac-A-Mole’ situation.”
—Daniel J. Howell, Alliant Insurance Services Inc.’s Specialty Group, at the PLUS Conference, on how municipalities are struggling to deal with prison overcrowding, which he believes is creating increased liability for government entities.
Wise Choice
“Most will probably end up with Homeowners Choice. The market capacity is just so spotty.”
—Florida Association of Insurance Agents President Jeff Grady on what will happen to HomeWise policyholders.
Health Court
“We know the Affordable Care Act is constitutional and are confident the Supreme Court will agree.”
—White House Communications Director Dan Pfeiffer saying the administration is pleased the Supreme Court agreed to hear the health care law case.
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