Worth Repeating

"We've made claims in this industry, 'The sky is falling, the sky is falling.' And it didn't fall."

Top Five Spectator-Related Risks at Professional Ballparks (07/18/11)
P/C Commercial Lines Segment Projected to be Negative (04/12/13)
CPCU Society, Facing Declining Enrollment, Enters a Different Era (03/06/12)
Bermuda to the Rescue (09/01/11)
BERMUDA CLASS OF 2001 (09/01/11)

--Ken A. Crerar, president, The Council of Insurance Agents & Brokers, on TRIA and terrorism, at the annual meeting of the CPCU Society in Nashville, Tenn.

"In a nation of optimists, we're the industry that has to predict the worst."

--Joseph J. Annotti, senior vice president of public affairs, Property Casualty Insurers Association of America

"Our actuaries are excited."

--Richard Boothman, chief risk manager, University of Michigan Health System

"The government doesn't really want to stop development in risk-prone areas, so they pretend the problem isn't there."

--Michael G. Wacek, Odyssey America Reinsurance Corp.

"This is not a permanent state of affairs."

--Robert P. Hartwig, senior vice president and chief economist, Insurance Information Institute, on how 2006 could be the most profitable year on record for the P/C industry

"I just have to make sure I keep paying him enough--otherwise I'd have to hire three people."

--Jonathan Mariner, CFO, Major League Baseball, referring to Anthony Avitabile, risk manager of MLB

"What good is a policy that does not cover a pitcher's arm or his elbow?"

--Kevin Mather, executive vice president and CFO, Seattle Mariners

October 15, 2006

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