750 A St. Louis company has recalled 750 pounds of sausage products that may be contaminated with a bacteria that can cause a potentially fatal illness. The U.S. Department of Agriculture said the sausage products were produced on Dec. 18 …
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 …
60% A new electronic system to verify automobile insurance in Oklahoma is operational, but accurate only 60 percent of the time, according to an Associated Press report. A law passed in 2006 took effect Jan. 1, 2009, allowing law enforcement …
$21 Million Settlement amount to be paid by one of the Big Dig’s largest contractors, Modern Continental Construction Inc., related to a fatal tunnel ceiling collapse as well as the cost of fixing leaks in the massive highway project, according …
1.4 Million According to the Michigan AAA, an estimated 1.4 million Michiganians traveled during the 2008 Thanksgiving holiday period, a 6-percent decrease from last year, says AAA Michigan. AAA forecasted a small decline in the number of holiday travelers nationally. …
10 The jail sentence in years given a West Virginia woman found guilty of submitting false insurance claims for jewelry. According to state officials, Sherry Kay Peyton, of Williamstown, submitted two separate claims for the same piece of jewelry that …
$90 Million Louisiana Citizens Property Insurance Corporation had paid out $90 million in claims from the 2008 Hurricanes Gustav and Ike, as of mid-November. The company had about 53,000 claims from the two storms; the majority came from Gustav, which …
$11.5 Billion The amount U.S. property/casualty insurers are expected to pay homeowners and businesses for third-quarter property losses resulting from a total of 11 catastrophes in 22 states, according to preliminary analysis by ISO’s Property Claim Services (PCS) unit. PCS …
$7.7 Billion Texas experienced $7.7 billion in insured losses during first three quarters of 2008, the Insurance Council of Texas reports. The figure is expected to top $10 billion by the end of the year. Texas leads all other states …
$150 Billion Amount the U.S. government dramatically boosted its bailout of insurer American International Group Inc. to after an initial rescue plan failed to stabilize the company. Under the new plan, the U.S. Treasury will take a $40 billion equity …
