19.1% State Farm Fire and Casualty Co. is seeking a statewide average 19.1 percent homeowners rate hike in Louisiana. Coastal residents would bear the brunt of the increase, which would average about $229 per policyholder, according to the Associated Press. …
$6 Million Approximate value of property losses in Virginia last year blamed on the use of cigarettes and smoking materials. A new law, which went into effect Jan. 1, mandates that all cigarettes sold in the state must comply with …
8.1% After reviewing statewide data for insurance claims paid by employers for injured workers in 2009, the Missouri Department of Insurance is recommending an overall 8.1 percent decrease in workers’ compensation loss costs for 2010. The department’s recommended decrease is …
$70 Million A Texas court in San Antonio affirmed the jury award of $70 million plus interest in a workers’ compensation/bad faith case against Discover Property & Casualty Insurance Company, a St. Paul Travelers Insurance subsidiary, and the claims adjuster …
$432,000 Amount stolen by an ex-bookkeeper from Wallace M. Reid insurance agency in Pittsburgh. Prosecutors say 45-year-old Debrah Wenig signed checks to herself and her creditors, then forged the names of supervisors on them. She covered up the thefts — …
2.1 Million More than 2.1 million drop-side cribs from Stork Craft Manufacturing of Canada are being recalled following reports of four infant suffocations, in the largest ever recall of cribs by the Consumer Product Safety Commission. Sales of the cribs …
$5 Million The amount of damage to the shoreline in Gulf Shores and Orange Beach, Alabama, caused by Tropical Storm Ida, a relatively mild storm. $250,000 The default judgment against Tippah County upheld by the Mississippi Supreme Court. A man …
2.1 Million More than 2.1 million drop-side cribs by Stork Craft Manufacturing of Canada are being recalled following reports of four infant suffocations, representing the largest ever recall of cribs by the Consumer Product Safety Commission. Sales of the cribs …
30 The number of third quarter mergers and acquisitions of insurance brokerages, according to Audra M. Szollosy, senior vice president with Hales & Co., one of the oldest and most experienced advisory and investment banking firms solely dedicated to the …
90 Number of workplace deaths recorded in New York City last year, according to the Dept. of Labor. About a third of those deaths were due to construction accidents. The leading cause of death was a fall from a substantial …
