Declarations

TRIA Renewal

“This reauthorization was essential and restores much-needed certainty to the insurance industry here in the Insurance Capital.”

—Connecticut Gov. Dannel P. Malloy on the reauthorization of Terrorism Risk Insurance Act (TRIA). The 114th Congress this month voted overwhelmingly for a six-year reauthorization of the terrorism reinsurance program that had been allowed to lapse. President Obama signed the reauthorization bill into law on Jan. 12.

Uber Boiseans

“We look forward to continuing to connect Boiseans to the people and places they love as we work with City Officials to craft regulations that embrace choice and innovation.”

—Uber spokesman Michael Amodeo expressed the ridesharing giant’s disappointment in a cease and desist letter to Boise, Idaho, officials issued on New Year’s Eve, the same day the ride-hailing app declared would be its busiest night ever for those seeking a car home.

A Huge Success

“Repairs do not get made when cases are tied up in litigation. … By any standard, the settlement agreements have been a huge success in providing policyholders with the confidence they need to begin necessary repairs.”

—Jay Adams, chief of claims for Florida’s Citizens Property Insurance Corp., on the company’s efforts to reduce a backlog of more than 2,400 litigated sinkhole claims. As of Dec. 15, 2014, Citizens had reached settlement agreements with 1,669 policyholders over the sinkhole claims.

No End to Epidemic

“Even if you close down every pill mill in the country, it doesn’t end this epidemic. … It’s the well-meaning doctors and dentists who inadvertently create new addicts.”

—Dr. Andrew Kolodny, director of Physicians for Responsible Opioid Prescribing and chief medical officer of Phoenix House, comments on the recommendation of Texas lawmakers that the State Board of Pharmacy take over the state’s database of controlled substances from the Department of Public Safety in an effort to shut down pill mills and fight the nationwide prescription drug epidemic.