Declarations – East
Buffett’s Health
“The good news is that I’ve been told by my doctors that my condition is not remotely life-threatening or even debilitating in any meaningful way.”
—Warren Buffett, CEO of Berkshire Hathaway Inc., in his letter last month to shareholders that revealed he has Stage 1 prostate cancer.
Wildfire Dangers
“This year could be very active one for wildfires and brushfires, including parts of the Northeast where such events are relatively uncommon.”
—Robert Hartwig, president of the Insurance Information Institute, on wildfire dangers.
Health Exchange
“Establishing the health exchange will bring true competition into the health care marketplace, driving costs down across the state.”
—N.Y. Gov. Andrew Cuomo on his executive order last month to establish a statewide health insurance exchange intended to reduce coverage costs for individuals, small businesses and local governments.
Lessons Learned
“While the risks associated with the events of 2011 were largely understood, their sheer scale and complexity, combined with the devastation they caused, were unprecedented.”
—David Pigot, chairman of Marsh’s global claims practice, on the lessons learned from catastrophes of 2011.
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