Figures

21

The number of health insurers fined by the New York State Insurance Department with a total of $310,300 for violations of New York’s Prompt Pay Law, which requires health insurers and HMOs to pay undisputed health insurance claims within 45 days of receipt, ensuring timely payment. Since 1997, the department says it has levied nearly $6.8 million in fines against health insurers and HMOs for violations.

The number of people dying from work-related injuries in Connecticut in 2005, as reported by the state Department of Labor announced. The number is down 15 percent from the previous year. In 2005, the construction industry experienced the greatest number of fatalities with 13. Of the 46 fatalities, 12 resulted from transportation accidents, 10 from contact with objects and equipment, nine from homicides and eight from fatal falls.

$600 million

The amount OneBeacon Insurance Group Ltd., a property casualty unit of Bermuda-based reinsurer White Mountains Insurance Group Ltd., raised in its initial public offering. OneBeacon’s 24 million class A common share offering sold for $25 per share. The shares will be listed on the New York Stock Exchange and will trade under the symbol “OB”.

36%

The share of private companies, many of which were uninsured, which experienced an employee theft averaging nearly $350,000 within the past five years, according to research by the Chubb Group of Insurance Companies.

$4.2 billion

Net income for the third quarter reported by American International Group Inc., which is more than double profits in the third quarter of last year. Net income for the first nine months of 2006 was $10.61 billion, compared to $10.03 billion in the first nine months of 2005.

23

The number of state legislatures controlled by Democrats after the midterm elections. Republicans control 15, while 10 are split and one, Pennsylvania, is still undecided.

27 vs. 23

The number of governors with Democratic party affiliation versus the number who are Republicans following the midterm elections

$6.8 million

The amount drug maker Wyeth must pay to a Vermont woman whose arm had to be amputated after she was injected with one of its medications, according to a ruling by the Vermont Supreme Court ruled, upholding a lower court’s ruling.

Topics New York