They say the more things change, the more they remain the same. That certainly holds true for insurance. Looking over bound volumes of NU from 1985 (for a good laugh, note my column sketch from back then), seeking background for my column on our former managing editor, Tom Maher, I read our coverage of regulation, tort reform and health care costs in stories that could be reprinted today, with few noticing they were actually 23 years old!
For example, in a report from the Monte Carlo Rendezvous of 1985, our former assistant managing editor, David M. Katz (now a multi-award winning deputy editor at cfo.com), wrote the following in a story headlined: "Greenberg Attacks State Regulation."
"The current state system contains too many consumer advocates who are too little concerned with insurer solvency," according to Hank, then president and CEO of AIG.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
