It Figures

July 19, 2010

$25 Million

Amount sought in a wrongful death lawsuit that has been filed in connection with a 2008 shooting rampage in Virginia that left one man dead and two other people injured. The lawsuit was filed earlier this month in Wythe County Circuit Court by Sharon Bane and her father, Jerry Covey. Defendants are the state, Wytheville, Wythe County and two prosecutors. Bane’s husband was fatally shot and Covey was wounded during the shootings. The lawsuit claims the man convicted in the shootings, Douglas Albert Jaccard, shouldn’t have been free on bond for an unrelated charge at the time. Wytheville and the county are seeking the lawsuit’s dismissal.

$2 Million

Amount awarded by a Maryland jury to the family of an inmate struck and killed by a truck three years ago while he was cleaning highway trash as part of a boot camp program. The Prince George’s County jury found both the state and the truck’s driver-owner liable in the incident that killed 28-year-old Rodney Jennings. The liability was not been apportioned by the jury.

$50,000

Benefit to be paid to the families of each of nine victims who were killed in a subway accident in Washington D.C. last year, according to the Metro. The payments will come from the city’s excess liability insurer, Chartis.

$14,413

Premiums allegedly pocketed by New Jersey insurance agent Lee Schaffer, who was indicted last month by a grand jury on charges that he made up an insurance company but kept the payments for liability, accident and D&O coverage paid by several recreational sports associations in the southern Garden State. He faces five years in prison and at least $15,000 in penalties if convicted.

58

Number of scholarships awarded to college-bound students across the country by the Big “I” as part of its InVEST program, which helps students pursue insurance-related degrees in college. In all, the program awarded $56,500. Ten of the scholarships went to students from New York State.

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Insurance Journal West July 19, 2010
July 19, 2010
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