It Figures

May 21, 2007

$46
The fine paid by New Jersey Gov. Jon S. Corzine for violating state law by not wearing a seat belt during the trip in which a car accident almost killed him.

$2 million
Boston Herald won by a Superior Court judge who said the newspaper libelously depicted him as soft on crime and insensitive to the suffering of a 14-year-old rape victim.

$9 million
The amount that the parent company of ACE INA Holdings Inc., a Pennsylvania insurance company, will pay to settle allegations of bid-rigging and market collusion, according to Acting Pennsylvania Insurance Commissioner Randy Rohrbaugh. The payment includes a $6 million penalty, with the remainder being used to provide restitution to consumers and reimburse the state for investigative costs.

25
The minimum number of years in the sentence for a New York woman, Marguerite Bork, convicted of killing her husband by lacing his drink with antifreeze in hopes of obtaining his life insurance proceeds.

$10 million
The insurance limit of the Lloyd’s of London policy covering the smile of America Ferrara, star of the TV show “Ugly Betty.”

79.97%
The independent agency system’s commercial lines market share in 2005, according the annual report from the Independent Insurance Agents and Brokers of America Inc. It represents written premium of $250.28 billion.

40%
The independent agency system’s personal lines market share, according the annual report from the Independent Insurance Agents and Brokers of America Inc.

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Insurance Journal Magazine May 21, 2007
May 21, 2007
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