• An estimated 1.2 million bill collectors, trial attorneys and lobbyists will be unemployed.
• States will lose $8 billion in premium taxes and even more in corporate taxes but save enough overtime pay for highway patrols to make this a wash.
• About half of the nation’s 40,000 body shops are expected to close, with the remaining shops moving into manicures and pedicures to make up lost revenue.
• Beloved TV ad icons the perky clerk, the simple-minded caveman and the folksy professor are earning a lot less in their news jobs as an actual clerk, caveman and a professor.
• Cleveland (Progressive), Seattle (Safeco) and Cincinnati (Great American) baseball stadiums have been shuttered.
• The highly-successful Mothers Against Drunk Driving (MADD) franchises will close their doors.
Topics Auto
Was this article valuable?
Here are more articles you may enjoy.
Zurich Insurance’s Beazley Bid Sets the Stage for More Insurance Deals 
Allstate Doubles Q4 Net Income While Auto Underwriting Income Triples 
GEICO Settles Call-Center Worker Suits for $940,000; Attorneys Get Half 
Married Insurance Brokers Indicted for Allegedly Running $750K Fraud Scheme From This Issue
