200 Number of Illinois communities sued by Farmers Insurance, which alleges local governments did not do enough to mitigate against climate change. $860 Million Amount an Ohio court said that 270,000 employers were overcharged for workers’ compensation the past several …
Editor’s Note: This article originally appeared in Insurance Journal’s Satire Issue, August 15, 2011. The content in this issue is not real and is not to be taken seriously. It’s supposed to be humorous. Seriously. Figures 7 The number of …
$65 Million The state of Oklahoma has collected at least $65 million in the past five years by selling personal information from motor vehicle records, according to newspaper reports. Among the biggest buyers are clearinghouses that sell the information to …
$5.5 Million The North Dakota Insurance Department helped recover or save more than $5.5 million for North Dakota citizens in 2010. The money was recovered on behalf of North Dakotans through the insurance department’s hotline, through complaints filed by consumers …
$2 Million The Minnesota Department of Commerce expects to receive more than $2 million in its share of a $146 million settlement with American International Group over misreporting of workers’ compensation insurance premiums. AIG and its workers’ comp affiliates have …
80% California’s Office of Administrative Law (OAL) approved state Insurance Commissioner Dave Jones’ request for an emergency regulation to give him the authority to enforce the 80 percent Medical Loss Ratio (MLR) in the individual market established under the Patient …
$454.5 Million Collections to Oklahoma’s general revenue fund totaled $454.5 million in December 2010. That’s $52 million, or 13 percent, more than December 2009, and nearly $19 million, or 4 percent, above the amount state officials had estimated. State Treasurer …
$10.2 Million The Kansas Insurance Department recovered $10.2 million for consumers last year, which is 32 percent less than it recovered in 2009. But the agency said the number of complaints from consumers about insurance companies also declined. The department …
10,000 Estimated number of people killed over the last decade when they were ejected from vehicles during rollovers. The National Highway Traffic Safety Administration (NHTSA) is ordering car manufacturers to develop new approaches, such as larger side airbags, to limit …
$6.8 Billion A decline in both real and nominal GDP, a rising unemployment rate and decreasing tort activity as a result of a lower level of economic activity helped drive tort costs down by 2.7 percent, or $6.8 billion, according …
