It Figures

$72 Million

Fine to be paid by General Re Corp., to settle investor claims about its role in a fraudulent transaction involving American International Group Inc. The case centered on a transaction that investigators say allowed AIG to improperly boost its loss reserves by $500 million in 2000 and 2001. Four former General Re executives and a former AIG vice president were convicted on criminal charges last year in connection with the case.

$30 Million

Amount sought by a Maryland woman in a suit filed against a cigarette-maker and the landlord of the home where her mother died in a fire three years ago. Dawn Bunch’s mother, Linda Ford, died in a 2006 fire caused by a cigarette manufactured by Lorillard Tobacco Co. The suit alleges Lorillard designed the product in such a way as to cause an unreasonable risk of fire. It also claims the building’s landlord failed to provide warning devices.

30

Typical waiting period before a new flood insurance policy takes effect, a fact of which Maine Insurance Commissioner Mila Kofman is reminding residents. Maine has seen a string of recent early spring floods that damaged significant portions of the state.

11

Years after the construction of the University of Connecticut Law School Library that the state filed a lawsuit over alleged shoddy construction by contractors involved in the project. A judge dismissed the suit last month, saying the statute of limitations had expired. The state has spent $20 million to repair the $24 million building

3

Minimum number of earthquakes that have rattled a section of Morris County, New Jersey since last month. No damage or injuries were reported.