It Figures

It Figures

9.6% The proposed average voluntary market decrease in workers’ compensation rates in North Carolina. Insurance Commissioner Wayne Goodwin has also received a filing requesting a a 1.3 percent increase in the assigned risk market. If approved, these loss cost rate …

It Figures

1 Million From 1996 to 2008, Oklahoma averaged about 1 million cloud-to-ground lightning strikes each year, and according to the National Weather Service the lightning strike total in the state is on the increase for 2009. In Oklahoma City alone, …

It Figures

$3 Million Amount sought by state Department of Environmental Protection in a suit against the former owners of landfill in western Pennsylvania. The defendants, which are accused of illegally disposing of hazardous waste at the site in the 1960s, include …

It Figures

8,200 At least 8,200 Ohioans complained of identity theft with the Federal Trade Commission in 2008, according to Ohio Attorney General Richard Cordray, but only about 40 percent of the victims filed a police report. Cordray says it’s important to …

It Figures

6.8% The overall average rate cut that Florida workers’ compensation insurers are recommending and which state officials said would save employers more than $166 million. If approved, the rate decrease would be the seventh consecutive decline since 2003. 45% The …

It Figures

$692,000 The Louisiana Department of Insurance owes $692,000 for legal fees and other costs in a dispute with the Office of the Legislative Auditor over access to internal documents. Insurance Commissioner Jim Donelon sued the auditor’s office in 2007 in …

It Figures

40 The number of hours of training in a single 24-hour day claimed by some Denver firefighters in false reports to Insurance Services Office, which rates fire protection based on training and other factors. The Denver Fire Department has acknowledged …

It Figures

$2.4 Million Total value of bonuses that have been withheld from dozens of senior managers at American International Group (AIG). The bonuses were due to be paid last month. AIG, which was rocked by scandal earlier this year when federal …

It Figures

$11.5 Million The amount the CFO Alex Sink says her office helped Floridians recover in the first six months of this year in claim payments and premium refunds, including one case that resulted in a $1.2 million payment on a …

It Figures

14 Number of complaints about AIG still outstanding from the Sayre Fire that struck Sylmar, Calif., in November 2008, according to the California Department of Insurance. DOI spokesman Darrel Ng said it had received 22 complaints about AIG related to …

It Figures Archives by Month