PC360 brings our readers the top quotes from major industry players for the week of April 9. Industry leaders comment on topics ranging from recent government-regulatory efforts in the U.S. and Europe, to the potential for an active wildfire season, to new efforts to cap crop-insurance subsidies.
ACE Chairman and Chief Executive Officer Evan G. Greenberg commenting in a letter to shareholders about the trend toward over-regulation in the U.S. and Europe and what he sees as wrongheaded efforts to implement “one-size-fits-all” insurance regulations for risk management, capital and governance:
“In the U.S. and much of Europe, we face an unrelenting assault on business by government. [Some regulators and political leaders believe] the primary job of government is to protect its citizens from the evils of business.”
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