It Figures

103
The number of Mississippi cases relating to Hurricane Katrina claims included in a settlement with State Farm Mutual Insurance Co. last month. Terms of the settlement are confidential, said attorney Chip Merlin. Forty-seven of the 103 policyholders involved had filed lawsuits against the insurer; the rest had hired Merlin’s law firm to represent them but hadn’t filed suit yet.

6.1%
The average loss cost decline contained in a workers’ compensation filing approved in Kentucky as of Oct. 1. The loss costs figures show an average reduction of 6.1 percent for the 598 industrial classes used in Kentucky.

1.9%
The drop in the number of property crimes in the past year, according to the FBI. The estimated rate of property crime was 3,334.5 per 100,000 inhabitants (a 2.8-percent decline).

150%
The number of Citizens Property Insurance Corp. policyholders whose property was damaged by a tornado that struck Eustis, Fla. on Sept. 20. Citizens established a mobile emergency center to help homeowners.

30
The number of states that have agreed to join in a centralization of insurance company market conduct exams. The 30 include: Alabama, Arizona, California, Colorado, District of Columbia, Florida, Idaho, Illinois, Indiana, Iowa, Louisiana, Kansas, Kentucky, Maryland, Missouri, Montana, Nebraska, New Hampshire, New Jersey, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Utah, Virginia, Washington, West Virginia and Wisconsin.

Topics Kentucky