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Quote/unquote: excerpted from Best Week.

"Capacity has suffered, true. But all the companies that were doing business in our state when Katrina and Rita came ashore, they are still doing business in our state. Unfortunately, they are not writing new business in our coastal parishes on the homeowners side. And on the commercial side, what they are writing is typically being priced at five times what it was a year ago."

Jim Donelon

Louisiana state Insurance Commissioner

"The doughnut hole is so big that millions will fall in and many will never come out. People are going to be angry when they show up to get their medications [talking about Medicare Part D] and are told they don't have coverage, even though they still pay their monthly premiums."

Charles B. Rangel, D-N.Y., Ranking Member, House Ways and Means Committee

"My immediate focus is on fixing the fundamentals at Lloyd's. Lloyd's has been riding the challenge of risk for over 300 years. And, as I'm sure many of you are aware, at times it has been a white-knuckle ride."

Richard Ward

Chief Executive Officer of Lloyd's

"Globalization needs to expand every day our capability to be in business with you."

Jean Paul Rignault, Chief Executive Officer

Axa Corporate Solutions
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Article Details
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Title Annotation:Comment
Publication:Best's Review
Article Type:Brief article
Geographic Code:1USA
Date:Nov 1, 2006
Words:204
Previous Article:Insurance for insuring.
Next Article:2005 P/C Gulf loss ratios point to insurers' pain, need for reforms.
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