九色

Condo Concerns

“I just want someone to shore up this place, so I don’t have to worry about my walls falling in on me.”

鈥擳ina Hehman, who is one of a group of condominium owners in northern Kentucky hoping Campbell Circuit Judge Julie Reinhardt Ward will let them collect on a $3.8 million judgment against the contractor and its insurance carriers, Ohio Casualty and West American, for multiple structural problems with the building.

Off Track

“Unfortunately the inspector did not complete his job. We are very sorry for the tragedy. I don’t have any reason to doubt this man’s character.”

鈥擲outh Carolina Department of Labor, Licensing and Regulation chief Catherine Templeton speaking of safety inspector who admitted he never tested a children’s train ride that derailed, killing a 6-year-old boy and injuring dozens of others.

Accident Roadblock

“Stage-accident gangs are committing highway robbery and this crime wave is spreading. These much needed reforms will protect our hard-earned dollars and set-up another roadblock against no-fault gangs that are driven to deceive.”

鈥擣lorida consumer activist Walt Dartland backing a bill that gives law enforcement officials and insurers more time and tools to investigate suspicious claims.

Japan Effect

“This is going to be a capital event as well as an earnings event. We’ve moved over a line now. Before we were exhausting the natural catastrophe budget. Now we are probably going to encounter negative underwriting earnings for many in the sector.”

鈥擠avid Flandro, of reinsurance broker Guy Carpenter, on insurance effects of the tragedy in Japan.