Figures

June 18, 2007

26

The number of people arrested by Florida officials on charges of using fraudulent identification to gain employment. The arrests stem from a joint investigation by the Department of Financial Services and the Department of Environmental Protection that found 115 individuals using one 10-year-old’s Social Security number. Detectives said that the defendants bought the cards for $30 to $300 each.

5-2

The vote by the Florida Ethics Commission in favor of dropping a complaint against former Chief Financial Officer Tom Gallagher over his ownership of stock in insurance companies regulated by the department he once headed. Gallagher lost the Republican primary for governor to now-Gov. Charlie Crist. The commission accepted an agreement in which Gallagher acknowledged he should have sought a legal opinion from the commission before buying insurance stocks.

970

The number of acres burned in the southern part of Tennessee’s Great Smoky Mountains National Park before firefighters could put it out. The “Buck Shank Fire” was first reported May 20 and quickly grew due to the dry conditions. There were no structures threatened and no injuries.

33%

The percentage of U.S. homeowners who mistakenly believe that standard homeowners insurance protects them from flood damages, according to the National Association of Insurance Commissioners.

$600 billion

The total exposure at the end of the 2006 of state-run property insurers of last resort, according to the Insurance Information Institute. This compares to $54.7 billion in 1990. Total policies in force with state-run entities have risen to in excess of 2 million.

4,000-6,000

The number of crashes per day that the U.S. Department of Transportation estimates can be linked to driver distraction, including cell phone use while behind the wheel.

From This Issue

Insurance Journal West June 18, 2007
June 18, 2007
Insurance Journal West Magazine

Workers’ Compensation Directory; Agency Options: Networks, Financing, Planning; Corporate Profiles

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