18.4% The workers’ compensation loss costs increase approved for businesses in South Carolina effective Dec. 1, 2006. An administrative judge reduced the 33 percent increase recommended by the National Council on Compensation Insurance. 43% The top percentage rate reduction available …
1,696 Insurance companies are the litigation champions, confronting an average of 1,696 lawsuits, spanning from product liability and environmental class actions to directors and officers claims, and even coverage fights over hurricanes and terrorist attacks, according to a new survey …
6.6 Magnitude of earthquake that struck the island of Hawaii, Hawaii on Oct. 15. Although there were no major fatalities, insured loss due to the damage caused by the temblors, rain and landslides are estimated to be widespread, according to …
1.2 million The number of motor vehicles thefts nationwide in 2005. That’s about 416.7 motor vehicles stolen for every 100,000 inhabitants. $7.6 billion The estimated total property losses due to motor vehicle theft in 2005. That’s an average of $6,173 …
$1.2 million The number of motor vehicles thefts nationwide in 2005. That’s about 416.7 motor vehicles stolen for every 100,000 inhabitants. $7.6 billion The estimated total property losses due to motor vehicle theft in 2005. That’s an average of $6,173 …
$5.3 million The amount in refunds that the Florida Office of Insurance Regulation has ordered Universal Underwriters Insurance Co. to return to 526 commercial policyholders. According to Florida Insurance Commissioner Kevin McCarty, the premiums charged on hundreds of commercial policies …
$1.1 Billion The amount the Insurance Institute for Highway Safety estimates that deer-vehicle crashes rack up in property damages each year, in addition to tens of thousands of injuries, and more than 200 deaths every year. ERIE Insurance Company, which …
$18 to $106 The premium range that lower income single adults will pay a month for health care under a plan approved by the Massachusetts board drafting regulations for the state’s new health care law. Under the plan, people earning …
$1 million A Michigan woman has admitted she took nearly $1 million from senior citizens’ life insurance accounts. Bobbi Jo Fritz, 48, of Pigeon, Mich., pleaded guilty to four felony counts of uttering and publishing checks for more than $20,000 …
6,000 The number of personal and commercial policyholders along the Texas coast expected to be affected by State Farm Insur-ance Company decision to stop renewing policies for properties within 2,500 feet of coastal waters or bays, on barrier islands or …
