tryg
tryg acquired baltica and continued operations under the name tryg - baltica. the name was simplified and changed to tryg in 2001 .
tryg acquires the english company colonia baltica, which was integrated into tryg' s reinsurance company tryg - baltica international to form tbi .
the mutual company tryg demutualised and the ownership of the new limited company was placed in tryg i danmark .
tryg - baltica was listed on copenhagen stock exchange. tryg i danmark retained a 60% ownership share .
dansk kaution (now tryg garanti) became a part of tryg. tryg entered the polish insurance market, acquiring a strategic stake in the company energo - asekuracja, which was established in 1994. tryg gained controlling influence of energo - asekuracja in 2000 and in 2002 the name of the company was changed to tryg polska .
tryg merged with denmark' s second - largest banking group, unidanmark and the general insurance activities of unibank was integrated with tryg .
tryg, vesta and unibank contributed to the formation of nordea. tryg i danmark by this hold a 6% share in the nordic banking group .
copenhagen (reuters) - denmark' s largest insurance company tryg (tryg. co) said on saturday it was in talks about a possible acquisition of its unlisted competitor alka .
tryg is in a dialogue concerning ...
tryg acquired the estonian insurance company nordicum kindlustus, which was established in 1990 .
1972 tryg joins process development group at general mills chemical incorporated (gmci) .
1969 tryg graduates from university of minnesota (u of m) school of pharmacy .
denmark' s tryg' s $ 1. 3 billion alka deal to boost market share
maxwell: that' s it. thank you, tryg. gus hauser thanks you .
rating action: moody' s affirms tryg forsikring' s a1 ifsr; outlook stable. global credit research - 07 dec 2017. rating affirmation follows tryg' s announcement to acquire alka .
in 2010, codan forsikring a / s acquired tryg - vesta' s nordic marine portfolio .
1984 tryg earns computer science degree from u of m, begins programming for stat - ease .
tryg forsikring changed its name to trygvesta forsikring. vesta forsikirng in norway became a branch of tryg forsikring. the norwegian branch also changed its name to trygvesta, the new brand name in norway .
edited transcript of tryg. co earnings conference call or presentation 11 - apr - 18 8: 00am gmt
edited transcript of tryg. co earnings conference call or presentation 23 - jan - 18 9: 00am gmt
edited transcript of tryg. co earnings conference call or presentation 10 - oct - 17 8: 00am gmt
edited transcript of tryg. co earnings conference call or presentation 11 - jul - 17 8: 00am gmt
later that year, tryg i danmark smba acquired nordea' s non - life insurance activities and forms trygvesta. the group continued using the brand name tryg in the danish market and vesta in the norwegian market .
tryg paid out a quarterly dividend of dkk 1. 6 per share for the first time in april 2017 .
for the second year running, tryghedsgruppen paid out a member bonus corresponding to 8% of the premium paid to tryg for 2016, or the payout of dkk 700m in total to tryghedsgruppen' s members who are tryg' s danish customers. in november, tryg held a capital markets day in london presenting its new financial targets and customer targets for 2020 .
average tryg life expectancy in 1999 was 83 years. this was higher than the general public life expectancy which was 75 .
1980 henkel usa forms quality assurance group with pat, mark and tryg as nucleus, mark earns mba from u of m .
alka, founded in 1944, is the eighth largest p & c insurer in denmark. two analysts said the deal could boost tryg' s market share to about 22 percent from 18 percent now, cementing its place as market leader. shares in tryg rose as much as 4. 9 percent, reaching levels last seen in april 2015 .
on 6 april, tryg initiated an extraordinary share buy back of dkk 1bn, which was completed on 16 december 2016. christian baltzer was appointed group cfo, taking up his new position on 15 april 2016. in march 2016, tryghedsgruppen’s board of representatives decided to pay out a bonus to its members (tryg’s danish customers), corresponding to 8% of the premium paid for 2015. on 1 june 2016, a bonus of dkk 696m was paid to members. 5 october 2016 was the official opening of the camp, a co - work space for start - ups at tryg’s head office in ballerup. in december, moody’s upgraded tryg from ‘a2’ to ‘a1’ with a stable outlook .
1988 version 1. 01 of design - expert (
dx
) written in basic code debuts in march. tryg and mark join stat - ease full - time .
stine bosse was appointed ceo of trygvesta and launched an ambitious turnaround project under the headline combined ratio 95. the aim was to prepare tryg for a listing within a few years .
census records can tell you a lot of little known facts about your tryg ancestors, such as occupation. occupation can tell you about your ancestor' s social and economic status .
dansk kautionsforsikrings - aktieselskab (now tryg garanti) was establised on the 18th january 1895. the main purpose of dansk kaution was to provide guarantees for authorities and business people against direct losses .
dansk kaution (now tryg garanti) extended its business area to the entire nordic region. trygvesta garanti became the brand name in norway, while vesta garanti became the brand name in sweden .
group ceo stine bosse resigned after 24 years with tryg and eight years as ceo. the supervisory board appointed morten hübbe as her successor. morten hübbe has been with tryg since 2002 and been cfo since 2000. on the 1st june, tryg implemented an organisational change that aimed to guarantee a greater focus on profitability in the individual business areas. the new organisation had a simpler structure, with a clear allocation of roles and responsibilities and short decision - making processes. on the 2nd july, a violent cloudburst hitted denmark. this cloudburst leaded to claims of dkk 1. 2bn, as a result of reinsurance, tryg' s expenditure totals dkk 196m. on the 1st september, tor magne lønnum took up the position of cfo. tor magne lønnum came from a position of cfo and deputy ceo of gjensidige forsikring asa .
census records can give you a fascinating window into the day - to - day lives of your tryg ancestors - like hours worked per week, level of education, veteran status, employers, and more .
tryg has agreed to acquire alka forsikring, the 8th largest danish p & c insurance business. transaction is expected to close during h1 2018, following a period of regulatory approval. download presentation link to conference call acquisition details
announcement: moody' s: nordic p & c insurers if and tryg to keep outperforming european peers. global credit research - 14 dec 2017. london, 14 december 2017 - - the nordic property and casualty insurers if ...
tryg tables offer a unique and artful statement in conference and collaboration areas. choose from a wide palette of both top and base materials with the complete confidence that the structural design of the table will provide uncompromising stability yet be easy to install and maintain .
in december, tryg acquired alka forsikring, the eigth - largest non - life insurance company in denmark with a market share of app. 6% of the private market. the transaction is expected to be closed in h1 2018 following a period of regulatory approval .
an unusually short lifespan might indicate that your tryg ancestors lived in harsh conditions. a short lifespan might also indicate health problems that were once prevalent in your family. the ssdi is a searchable database of more than 70 million names. you can find birthdates, death dates, addresses and more .
at this juncture pat whitcomb decided to devote full time to stat - ease, a doe software venture pat started on a moonlighting basis in 1982. pat incorporated stat - ease in april of 1985, and with programming help from his colleague tryg helseth, completed development of design - ease. in june of 1985 they sold their first copy, but sales didn' t take off until 1987, when a professor from the university of minnesota 7 described design - ease as
incredibly easy to use
in a widely - read review of doe software. with profits now rolling in, stat - ease could afford to bring tryg on as a full - time programmer and hire another former colleague, mark anderson, as the business manager .
tryg publishes the group’s q2 and h1 results 2018 at around 7: 30 cet and hosts a conference call at 10: 00 cet. ceo morten hübbe and cfo christian baltzer will present the results followed by a q & a session. conference call details: + 45 35 44 55 83 (dk) + 44 (0) 203 194 0544 (uk) + 1 855 269 2604 (us) sign up for email reminder
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copenhagen experienced what was later to be known as the copenhagen fire of 1728. the fire heightened public awareness of the need to insure oneself .
the oldest component of trygvesta' s history was the danish insurance company kjøbenhavns brand. kjøbenhavns brand was established by royal decree as a result of the copenhagen fire of 1728 .
the name vesta was derived from roman mythology. vesta is the goddess of hearth, home, and family .
vesta in norway establised a subsidiary by the name of dial, which name changed to enter in 2000 .
today enter is a subsidiary of trygvesta and sells insurance through selected business partner including car dealers .
at the end of 1999, the norwegian insurance company vesta was acquired from skandia .
the group simultaneously acquired zurich' s danish and norwegian non - life insurance activities .
trygvesta was listed on the omx nordic stock exchange copenhagen on the 14th october 2005 with an opening share price of dkk 230 .
in december 2005, trygvesta became a part of the omxc20 index comprising the 20 most traded shares on the omx nordic stock exchange copenhagen .
in line with trygvesta' s strategic focus on the nordic region, trygvesta divested chevanstell limited, the uk business in run - off .
dansk kaution changed its name to trygvesta garantiforsikring a / s. the new name makes the affilication with trygvesta clear and is connected with the trygvesta garanti' s new nordic strategy .
trygvesta and axa corporate solutions entered an agreement whereby trygvesta would use the international network of axa corporate solutions to meet nordic customers' international insurance requirements. trygvesta set up a swedish corporate business, initially with an office in stockholm .
trygvesta and nordea extended the successful partnership, which operated from 1999 to 2013 .
the acquisition of the swedish insurance company, moderna försäkringar, was completed on the 2nd april 2009 making moderna a part of trygvesta. moderna contributed around 250 employees and a 4% share of the swedish market to the group .
trygvesta launched an ambitious refurbishment project called the living house. the project was to transform the head offices at bergen and ballerup into workplaces of the future and was completed in 2011 .
in march, former ceo of siemens denmark jukka pertola joined the supervisory board as deputy chairman and is expected to take over as chairman in 2018 .
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historically, surnames evolved as a way to sort people into groups - by occupation, place of origin, clan affiliation, patronage, parentage, adoption, and even physical characteristics (like red hair). many of the modern surnames in the dictionary can be traced back to britain and ireland .
codan forsikring a / s was established in 1916 by four different companies. in 1940, the company merged with phoenix assurance company ltd. later, the group was joined by fjerde søforsikring and hafnia forsikring (both with substantial marine insurance departments) .
since 1990, royal & sunalliance has held 71, 7 per cent of codan' s share capital, making the uk - based insurer the company' s largest stakeholder. royal & sunalliance is rated a - by standard & poor .
in 1999, the company bought 100% of the stockholm - based insurance company trygg - hansa .
in 2000 codan forsikring a / s together with trygg - hansa, established a marine insurance office in gothenburg .
in 2001 codan forsikring a / s established a marine insurance office in bergen, norway, codan marine services a / s .
in 2005, the renewal rights of top danish as' marine portfolio were acquired .
in 2007, codan forsikring a / s acquired pohjola marine helsinki. the same year the marine division was rebranded to codan marine services to help emphasiste this complete nordic marine organsiation .
in 2008 royal & sun alliance changed name to rsa, simplified and refreshed the corporate brand. so did codan and the marine division is now working under the name codan in all nordic countries .
sirius international insurance group, ltd. (sirius group) is a bermuda - domiciled holding company whose operating companies offer a rich variety of reinsurance and insurance products serving clients and brokers through our global office network .
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bringing design of experiments (doe) to england might be likened to delivering coals to newcastle, but that' s what three u of m it alumni 1 accomplished via their company, stat - ease, inc. , when they displayed their design - expert ® software, 2 at the international industrial statistics in action conference at newcastle university. attendees from the united kingdom, europe and worldwide responded very enthusiastically. as testimonial, statisticians from smithkline beecham pharmaceuticals put up a poster saying that easy - to - use software, specifically design - expert, must be made available to all experimenters to foster use of doe. 3
the irony of this trans - atlantic software success is that doe methods came to the usa from england. sir ronald fisher, a distinguished british statistician, developed the basic tools while at rothamsted agricultural station in the 1920' s. he published the seminal
design of experiments
in 1935. during this period, most of the doe work occurred (literally) in the field of agriculture. for example, in a pioneering study, researchers from the university of minnesota made use of the statistical tools developed by fisher to evaluate different types of barley. 4 they randomly applied the various treatments within several blocks of land at various agricultural stations around the state. after removing the block differences and accounting for natural variability in yields, they saw statistically significant advantages to growing certain types of barley. the design used for this one - variable experiment is called a randomized block .
the principals of stat - ease learned doe while working together at general mills in its chemical research laboratory only a few miles north of the university campus. they recognized an opportunity when ibm came out with its original pc: the methods described by fisher and box could be incorporated in a menu - driven computer program that would make doe easy for non - statisticians. by then, the chemical division of general mills had been sold to henkel of germany. for various reasons, such as minnesota being the
siberia of the us ,
the new owners decided to disband all operations in the area .
in 1988, the company released its first version of design - expert, which provided the tools for response surface methods (rsm) for process optimization. this package complemented design - ease. design - expert also provided innovative statistical tools for optimizing mixtures—a big attraction for users in the chemical process industries. with this product line extension, sales grew at a healthy rate and stat - ease added many new employees to handle orders, provide statistical help and program new features .
a major milestone occurred in 1996: stat - ease incorporated all of the features of design - ease into design - expert version 5 and translated it all to the graphical user interface of windows. by then its user base approached six figures, so the demand for upgrades stimulated sales and allowed further hiring of programmers and other personnel. they contributed to development of version 6. 0 of design - expert software released in 2000, and rounded out the array of designs, including the ability to combine mixture components with process factors. design - expert (now on version 8) is widely recognized as one of most powerful programs for doing doe, yet is easy enough for use by non - statisticians who do industrial experimentation. design - expert is also used as a teaching tool by colleges and universities. it even comes packaged with one of the leading textbooks for doe. 8
the stat - ease mission is
statistics made easy .
this would be mission impossible without proper education. unfortunately, most scientists and engineers get very little statistical training in college. stat - ease fills the gap with a variety of computer - intensive short courses from
experiment design made easy ,
the most popular workshop, up to advanced sessions on optimization and beyond. aided by a stable of in - house and contract consultants, pat and mark teach hundreds of technical professionals the tools of doe at dozens of workshops worldwide. for those who need help getting off the ground, they have authored two non - academic books that make doe and response surface methodology (rsm) as easy as possible for non - statisticians. 9
stat - ease now employs about more than a dozen employees at its headquarters in minneapolis. the company is represented by consultant / resellers at major cities throughout the us and in most of the developed nations. the future looks very bright for stat - ease here in the center of north america, throughout the continent, and across the atlantic to england and europe. the next region to be conquered will be on the far side of the pacific. stat - ease already has a foothold there via its connections to us - based multinationals, one of whom commissioned pat to teach at its technical facilities in japan, taiwan and korea. india has become a new major area of activity for doe in the pharmaceutical field. it' s now just a matter of time for the word to spread throughout the rest of the far east on how easy doe can be with stat - ease software .
patrick whitcomb (bsche' 73, msche' 76), mark anderson (bsche' 75, mba' 80), trygve helseth (bspharm' 69, bscsci' 84) .
marion chatfield and gillian smith, smithkline beecham pharmaceuticals ,
experiences of promoting the use of design of experiments in synthetic chemistry .
see
x - factor files divulge minnesota mystery: alien plot ?
in the september 1999 issue of stat - ease' s stat - teaser newsletter, which can be downloaded from here .
box and wilson ,
on the experimental attainment of optimum conditions ,
journal of the royal statistical society ser. b, 13, 1, 1951 .
box, hunter and hunter, statistics for experimenters, john wiley, 1978 .
nachtsheim ,
tools for computer - aided experiments ,
journal of quality technology, vol. 19, no. 3, july 1987, pp. 132 - 160 .
montgomery, design and analysis of experiments, 8 th ed. , john wiley, 2012 .
anderson and whitcomb, doe simplified, practical tools for effective experimentation, 2nd ed. , taylor & francis / crc press / productivity press, new york, ny, 2007 .
larntz and whitcomb ,
use of replication in almost unreplicated factorials ,
42nd annual fall technical conference, corning, ny, 1998 .
oehlert, a first course in design and analysis of experiments, freeman, 2000 .
oehlert and whitcomb ,
a unified approach to power calculations for designed experiments ,
44th annual fall technical conference, minneapolis, 2000 .
1973 pat graduates from u of m chemical engineering school and begins work at gmci .
1974 mark hired as summer engineer at gmci prior to senior year at u of m chemical engineering school .
1978 gmci hires professor kinley larntz from u of m' s school of applied statistics to teach doe to its r & d staff .
1982 stat - ease started by pat whitcomb to develop software for design of experiments (doe) .
1985 stat - ease is incorporated, and first software released in july. this is design - ease 1. 04 for dos written in turbo pascal .
1986 henkel moves r & d and other people out of minnesota. design - ease 1. 10 is released in november .
1987 glowing review of design - ease (
de
) published in journal of quality technology and version 1. 20 of design - ease is released in october .
1989 2nd version of dx (version 2. 00) released in october. this version is written in more efficient code (pascal) and with greater capability. first full - time employee hired to do customer service .
1991 de 2. 00 released in june with more versatile regression - based algorithm for analysis, and the second full - time programmer is hired .
1994 million dollar award given to stat - ease, inc. by minnesota high tech association for surpassing this sales milestone with design - ease, de3 released in june with graphical user interface (gui) for windows and mac developed in c + +. dx4 for dos is released in april with stepwise regression and multicomponent constraints for mixtures .
1996 forbes recommends stat - ease software for multivariable testing (
mvt
) .
1997 v5 of dx combines de4 and dx4 and converts to windows, de5 becomes a subset of dx. dx5 is released in january while de5 debuts in april .
1997 dx made optional with doug montgomery' s 4th edition of
design and analysis of experiments
by john wiley and sons publishers .
1998 larntz and whitcomb ,
use of replication in almost unreplicated factorials ,
wins shewell award at 42nd annual fall technical conference, corning, ny .
2000 version 6 of dx released in april, version 6 of de released in october .
2007 pat and gary win the shewell award for best presentation at the 2006 fall technical conference (ftc) —the 2nd time for pat to win this award. (see page 8 on link )
2013 pat whitcomb receives the charles w. britzius distinquished engineer award from the minnesota society of professional engineers and the minnesota federation of engineering, science and technology societies .
2018 martin bezener wins runner - up in the spes outstanding presentation awards for his presentation at the 2017 joint statistical meetings .
© stat - ease, inc. 2018. copyright © stat - ease, inc .
you' re sure to take sides in the fearsome battle of the ages once you witness the epic history of the hostility between the colas. answer the call to arms and defend your favorite this week at trbc !
myhren: no. it was interesting. we set up what would be called a super brokerage. there are food brokers across the country. we took on products for companies like kimberly clark, shell oil chemicals, gulf oil chemicals, continental can, etc. who had consumer products but really didn' t have a traditional consumer products sales force. and we sold them for them .
myhren: we would select the food brokers, the food sales force, in individual markets. then we had seven people across the country who were super brokers who would select a number of brokers in a number of markets, contiguous markets, and then work through them for the good of a kimberly clark, or a continental can .
myhren: so that was one of the properties that we had developed in this company. shell wanted to buy this whole thing. without getting into those complications, what we decided to do was to sell to them. my other two partners signed long - term contracts with them. i said ,
i' m not going to do that .
and i actually took a lesser part of the sale because i wouldn' t sign the contract. but i went away with a little bit of money and was off to do what i wanted to do. i went into a company called crm, communications research machines, in delmar california. we had properties like psychology today magazine, something which had the improbable name of intellectual digest, which was so improbable that we killed it off a short time after i got there. in any event - talk about a name with a conflict built right into it – but we were a major textbook publisher, we became a major educational film maker, and we did a number of other things. i went into that company as a vice president of marketing and ran the company fairly shortly thereafter .
myhren: well, it was john veronnes who now is veronnes suhler in new york. interestingly enough, john suhler was there when i got there. t. george harris was running the magazine part of it. the
c
in crm, which was called communications research machines for the purpose of some day maybe going public – it sounded sexy – was actually a guy named nick charney .
maxwell: charney – that' s the name i couldn' t remember .
myhren: a fellow named marsden, and the
r
was a fellow named reynolds who was a psychology professor at the university of california, san diego, where we got a lot of our texts written. in any event, we took that business – when i went into it, it was losing a lot of money – we got it turned around within a two - year time frame. boise cascade owned it - and i was under a contract with boise when i went there - actually sold the company to bill ziff. bill, at the time, was the largest special interest magazine publisher in the world .
myhren: a lot can be said about bill' s eventual sale and then subsequent start up in the computer magazines. bill and i became pretty good friends. then one day he dropped a bomb on me, walking on the beach at delmar, he said ,
you know, i really want to move the company back east and i want to sell parts of it .
so the proposal he made to me was that we' d sell the books (which we ended up doing to random house), and we' d sell the films (to mcgraw hill). our 60 films outsold their 2, 000 educational films. i think we' d found the sweet spot. in any event, we sold all that. i didn' t want to sell it. and i didn' t want to move. but there wasn' t much choice because bill really owned it .
myhren: yes, he was quite a decision - maker. we got the whole thing moved out. then he wanted to take the book clubs and the magazines back to new york, and he wanted me to come back and run those and then he would give me additional responsibilities. so it was at that point where i began to think... .. and the minute we made the announcement that this was going to happen, that the company was in the process of moving out some of its properties and moving things back to new york, i started getting phone calls from head hunters. one of them happened to be russell reynolds, in the person of tony thompson and bill long, who had been put on the case by a guy named monty rifkin in denver who had started american television and communications. at the time, royal little was the chairman of the company .
myhren :
we' re going to announce that we' re going to do this hbo thing .
and that got me, of course, even more intrigued. now i knew more about what satellite was going to do. so i really was intrigued to get there. but i couldn' t go because i had this commitment at the other company. in any event, i arrived in denver on may 1. immediately after i got here, the nuggets signed david thompson and marvin webster, and i ran over and got my nuggets tickets. i was part of the denver community. that' s sort of how i got to atc, and i came in as vice president of marketing and within a couple of months i was marketing and programming. over the years at atc, as we went through the 70' s, one thing that occurred was that time inc. made an offer to buy us .
myhren: that was in very early' 78 or very late' 77. we turned it down. we didn' t think the price was big enough. time inc. had come to know us because time inc. had four cable television systems earlier in the 70' s that they had not been able to do anything with, hadn' t improved them much. they were very unprofitable, and they were dragging down a public company' s earnings. they eventually wanted to sell them. we bought them for stock. we used atc stock to buy them .
myhren: they got a piece. they got a 9. 9% piece of atc .
myhren: i believe one was southwest cable down in san diego. yes, they were scattered – midwest and west coast. in any event they got a fair amount of our stock for that. they put people on the board – jim shepley, the then president of time, went on the atc board. so they had this position. then, of course, we ran the things really well. we ran the cable systems well, turned them around, they work. and they said ,
gee whiz, maybe there is something good about this business, and if we' re going to be in the business, we ought to be in it with these guys .
at least that was the ...
myhren: i' m on the other side of this, but that was as i saw their logic. so they came in to do that .
maxwell: and in parallel, hbo is beginning to be a real thing .
myhren: exactly. also, one of the things that we did that i think gave them some confidence in us followed the satellite introduction of hbo, on sept. 30, 1975. and it happened in two places in the country. monty had made a deal to do it in jackson, mississippi .
maxwell: that led to your breakthrough in the concept that maybe cable could sell an ad .
myhren: exactly. the idea was that if you clustered yourself that way, what you could do was that you could sell advertising in direct competition with the other media. but you were also in a position, from a defensive standpoint, of being able to market competitively against satellite people. or if telephone companies were going to end up with programming that they could offer, which we worried a lot about in those days, we wanted to be able to market on a full market. it' s extraordinarily difficult, as you know, if you' ve only got this piece of it. a media market and your competition enjoy the efficiencies of full market coverage .
maxwell: let' s take a tiny shift there. as you' re describing atc and then time cable, you called it atc though after that for a long time .
myhren: yes. we called it american television and communications. even after the time warner merger it was called american television and communications. there came a time, after i had been ceo for a fair period of time, when we decided that we really should ipo the company. we ipo' d it as american television and communications. we took 20% of time inc.' s ownership ...
myhren: ... and took it to the public in 1986. that was the largest ipo in the world that year, interestingly enough. it was $ 300 + million dollars for that piece of the company, and it created the world' s largest ipo that year. they' ve gotten a lot bigger since .
myhren: but at the time it was a big deal, and it helped to validate cable as a real player in the financial world .
maxwell: i' d like to shift slightly to a public policy side. as cable got more sophisticated and was clearly growing, and programming started feeding the growth of cable at that time, some public policy aspects – you got strongly involved, across the early 80' s, with different groups. so talk a little bit about the ncta, cab, ctam and cablelabs (which was much later) .
myhren: maybe starting back in 1975 actually, when i first entered the industry ...
maxwell: ... ctam was created at o' hare airport ...
myhren: as a matter of fact, i was fortunate enough to get asked to join a group of people at the o' hare airport where you, gail sermersheim, greg liptak, ...
myhren: yes – whose lawyers told him it wasn' t a good place to be. and andy goldman from teleprompter and rod warner from storer .
myhren: yes. all these people in a room saying ,
you know what – this business could be a lot bigger than people think it could be. now we' ve got satellite distribution. we' re going to be able to distribute signals pretty efficiently. we can start to compete in the real media world. we' ve got to start being better marketers. we' ve got to think about programming harder. what it is we' re offering people. we' ve got to worry about customer service. we really have to take the industry to the next level .
that meeting ended up with everybody agreeing we ought to form this organization which, at the time, was called cable television administration and marketing society – ctam. the first president, i think, was greg liptak .
myhren: right. monty, of course, had been a chairman of the national cable television association. i went on to the ncta board when monty left in the beginning of' 81. i went on very quickly to the executive committee, and became very involved in the public policy aspirations of the industry .
myhren: well, it was us and tci. as we came through that period in the 70' s after i joined, first it was teleprompter .
myhren: ... because of the history and the way those industries' rights had been laid out. with cable, they could charge fees to have a franchise. they could charge all kinds of fees to lay lines. they could do things that they were in a position where they couldn' t do with the others. so in addition to having the commercial opponents, we had a government opponent to freedom. the best they wanted for us was to have us survive .
maxwell: i remember it well. we had the good luck, at that point, ... you were in colorado. we have to say something nice about our friend from boulder, but... . just before you got involved with that, at & t had, of all things, sent private investigators after one of the colorado congress people who had just gotten elected in the' 72 reaction to the vietnam war. he was still there in the late 70' s when we got friendly with him. tim wirth was a congressman from the 2nd district in colorado. at & t treated him like some kind of pariah because he had walked in one day and said ,
why are the rules like this ?
myhren: which was a very reasonable question, but they didn' t view it that way .
maxwell: that' s exactly right. so i remember at a small publishing company _ _ _ _ _ _ _ i had at the time. we invited you, monty, glenn, bill daniels and everybody else in the neighborhood to a cocktail party that we gave for tim wirth to introduce him. later he, of course, became a senator from here and very instrumental in, while not championing so much, helping take away restrictions .
myhren: he was particularly helpful, before he got to the senate actually, when he was in those congressional days, because he ended up as chairman of the communications consumer protection and finance sub - committee in the house. [ house subcommittee on telecommunications, consumer protection and finance, of the house committee on energy and commerce ]
myhren: i' m thinking it was called commerce but it was john dingle' s committee. tim was the chairman of the sub - committee that really looked at communications' regulations and a number of other things. he' s an enormously intelligent guy who saw through the kinds of restrictions that had been put in place. after we met tim through your good offices, we became very supportive. i spent a lot of time, and i raised money for tim .
myhren: i talked to him a lot. he was not a handmaiden of the industry .
myhren: he was a guy who clearly had his own ideas, but he was willing to listen to reason. he understood the real frustrations we had, and he understood the importance of trying to unleash more diverse voices in the media .
maxwell: the first part he actually got, i think, was pole attachment .
myhren: i was vice chair of the ncta at the time, later to become chair. but i had not become chair at that point because a lot of things had been going on in our company. i had asked ed allen, who had been a terrific chairman, whether he would remain for another year. he agreed to do that. but he said one thing :
in the fall of next year, when you' re doing that, i am going away for a long vacation with my wife, gerry, and i' m not going to be there, and you' re going to have to run that meeting .
myhren: well as it turned out, that meeting ended up being
the meeting
. it was wild and wooly but, in the end, we got it done. a lot of kudos go to tom wheeler, who really brought us to that point, to jim mooney who i think was able to provide the sharp expertise, a lot of people who really contributed on the ncta staff side, and a huge number of people in the industry who worked like heck on it. a number of people helped us in the congress, tim wirth clearly being one. another one was senator dan inouye from hawaii, where atc had almost all of the cable systems. that was a big period .
i then went on later to become chairman of the industry, and, in fact, something that people remind me of often – in the fall, 1986 at the ncta board meeting at a closed session, i told the board that i was very, very concerned about what would happen when pricing regulation, as a result of that bill passed at the end of' 84, came off. the pricing regulation came off the industry january 1, 1987. i gave this impassioned talk about that. a couple of the very good operators in the business, big operators, told me i was nuts, that we' d had our prices tamped down for so long it was time we got ours back. i said that if we have that attitude, we' re going to get re - regulated .
maxwell: took less than eight years and we certainly did get re - regulated .
myhren: it was really unfortunate. and there' s no question, the people that were saying that were right in their own way. the fact is that we did have a right, and you might say almost a moral right, to raise our prices some at that point. it was question of how it was done. it was interesting. i was warned by the lawyers that you can' t even talk pricing. i said ,
i' m talking about keeping prices down not talking about putting them up !
so i did talk about it. and people disagreed with me, and some of them completely disregarded the advice. so we ended up getting re - regulated .
maxwell: yes. that made some good friends. it' s a small world. your old friend bill ziff' s ex - top broadcasting guy turned out to be responsible for the ...
maxwell: ... right... . one system where a ...
maxwell: ... a future senator' s mother got a rate raised too much .
myhren: in any event, their company unfortunately was in the eye of the storm when rates went up because he was in al gore' s territory .
maxwell: right. and he was tripping systems and raising them ...
myhren: there are those who would argue that al gore' s home territory was a hotel in washington and a private school in washington. but for those who thought he really came from tennessee, that' s where he came from .
maxwell: and his mother' s old farmhouse got like a 34% rate increase with no change in programming .
myhren: we had some responsibility there too - american television. i left american television in' 88 in a dispute with the then president of time – a fellow named nick nicholas. we had some very serious issues between us. one of them was my steadfast refusal to raise rates in honolulu, dan iouye' s home country .
myhren: not really owed dan, but we had a 1% franchise fee at the time there, and i really didn' t want to disturb that. you can run through the economics of that and recognize what' s going to happen if you raise rates – you' ll go to 5% on franchise fee and so on. but my argument was much more profound than that – it was that we had made a commitment there to keep the rates reasonable. shortly after i left the company, the rates were raised dramatically .
myhren: and i called back to top management, but i was no longer in the company. i didn' t have any clout whatsoever, but really protested it, and was essentially told that that wasn' t my business – which i knew, of course .
myhren: but i felt the obligation to protest. inouye went crazy. henry juney who was the sergeant at arms in the senate, and was inouye' s buddy, called me and said ,
what the hell is going on here ?
i said ,
there' s not a lot i can do about it, but i will try .
as i said, i tried. the unfortunate fact is that not only was that raise made then, but nine months later another raise was put in ...
myhren: ... and at which point inouye just said, ...
myhren: ...
you guys are out of control, don' t live up to obligations. but in addition, you' re really penalizing the people here in hawaii for reasons we don' t quite understand .
it was a very, very nasty period there. but there was the situation in tennessee, that particular situation in honolulu ...
myhren: ... and others – all over the country that have been documented – obviously led to a nasty bill. frankly the bill that was passed in 1999, which was very tough on the industry and really hurt the industry a lot, was much tougher than it needed to be. but, it never would have passed because the bush veto of the bill was lost by one vote. and there' s no way that it would have ever been that close had these incidents not happened. so i think the whole industry learned lessons at that point.
tryg is a scandinavian insurance company present in denmark , norway , sweden and finland . the company is the second largest provider of general insurance services in the nordic countries and is listed on nasdaq omx copenhagen . 
tryg is a scandinavian insurance company present in denmark, norway, sweden and finland. the company is the second largest provider of general insurance services in the nordic countries and is listed on nasdaq omx copenhagen.
tryg is a scandinavian insurance company present in denmark, norway, sweden and finland. the company is the second largest provider of general insurance services in the nordic countries and is listed on nasdaq omx copenhagen.