$25.2 Billion Amount U.S. property/casualty insurers expect to pay homeowners and businesses for 2008 property losses from 37 catastrophes — the fourth highest cost in a decade and the highest frequency in a decade, according to preliminary analysis by ISO’s …
1 in 502,544 The odds of dying in an aircraft accident, according to the Insurance Information Institute in materials sent to journalists reporting on the US Airways Airbus emergency landing in the Hudson River and the successful rescue of passengers. …
1 in 6 The approximate ratio of drivers across the U.S. expected to be driving uninsured by 2010, according to the Insurance Research Council. The group says the economic downturn is expected to trigger a sharp rise in the uninsured …
37,500 The number of number of independent agencies nationwide, according to the “2008 Future One Agency Universe Study,” sponsored by the Independent Insurance Agents and Brokers of America, Trusted Choice and several carriers. $10.3 Million Amount that should be saved …
$5.9 Million Fined levied by Connecticut officials against a man who runs businesses paying for hole-in-one prizes on behalf of clients. The state Insurance Department says Kevin Kolenda’s businesses equated to illegally offering insurance without a license. The state says …
10 The age of a girl who died in a 2006 tornado in Rogers, Minnesota and whose family is blaming the homebuilder, not the tornado. In a wrongful death suit, the family of Jaymi Wendt claims Jaymi’s death might have …
$7 Million The monetary award upheld by a Florida appellate court against a Tallahassee day care center for the parents of a 7-month-old toddler found with bites, bruises and swelling across her body. State investigators reported a “gross lack of …
7% Louisiana Citizens Property Insurance Corp. board has approved a 7 percent increase in statewide average homeowners rates. The company initially wanted a 14 percent increase, but the insurance department rejected that amount as unjustifiable. The state-backed insurer must submit …
24 The number of accidents on scheduled commercial flights with 10 or more seats in 2007, according to the Insurance Information Institute. Not one of those accidents involved a fatality. Given also that the odds of dying in an aircraft …
1,000 The number of losing policies that West Virginia workers’ compensation writer BrickStreet Insurance plans to drop in 2009. The insurer calls these contracts the worst of the worst as they brought in $66 million in claims against only about …
