45 The number of ATV-related deaths in West Virginia in 2007, prompting Huntington’s City Council’s vote to ban all-terrain vehicles from public roads and property. The unanimous vote on April 28 modifies a 2004 law banning ATVs from roads with …
$500,000 Amount recovered last quarter by the Connecticut Insurance Department for the 1,400 customers who complained about their insurers’ claims practices, underwriting, sales tactics and other business practices. About half of that money was for accident and health claims, while …
77% Allstate Corp. that its first-quarter 2008 net income dropped 77 percent, hurt by write-downs in its investments and larger-than-expected catastrophe losses. The insurer said it had to write down the value of fixed-income securities by $347 million because of …
77% The drop in first quarter net income reported by Allstate Corp., which said it was hurt by write-downs in its investments and larger-than-expected catastrophe losses. Net income fell to $348 million, or 62 cents a share, from about $1.5 …
$4.3 Million Arkansas is losing $4.3 million in federal money allocated for workforce training programs, Gov. Mike Beebe said in an April 18 radio address. The U.S. Department of Labor is rescinding funding nationwide by $250 million for the Workforce …
204 The number of jobs Nationwide Insurance announced it would be cutting from its Portland, Ore., offices, as part of a plan to eliminate certain departments. Company spokesman Joe Case said more than 300 employees will remain in the Portland …
$40 Million Increased amount in assessments levied on New York insurers as part of the Empire State’s 2008 budget, a 20 percent increase in the fees. The assessments come on top of a mandatory 2 percent premium tax that insurers …
$45 Billion The rate of obesity in the United States has doubled in the last 30 years, and those extra pounds weigh on companies’ bottom lines, according to a new report from The Conference Board. Today, 34 percent of American …
$420 Million The amount a South Carolina textile company sued Norfolk Southern railroad for after a train wreck and toxic chemical spill in 2005 forced the company to close. Avondale Mills and Norfolk Southern reached a deal this month. Attorney …
$225 Texas Attorney General Greg Abbott has charged a Houston company with selling fake driver’s licenses to immigrants. The fraudulent licenses were marketed as “International Driver’s Licenses” and sold for $225 each. Harris County District Judge Grant Dorfman granted the …
