It Figures

March 26, 2007

6.4%
Overall percentage increase in the number of fraud convictions nationwide from 2004 to 2005, according to the Coalition Against Insurance Fraud. The Coalition said states are delivering record results in combating swindles.

$100 billion
Potential amount of loss that could result from an earthquake in the Beijing, China, area, according to a study by Risk Management Solutions of the 2007 impacts of the 1679 Sanhe-Pinggu Earthquake. That earthquake had an 8.0 magnitude and killed more than 240,000 people.

775
Number of complaints received by the Louisiana Department of Insurance after Allstate cancelled homeowners insurance in four south Louisiana parishes following flawed home inspections. The cancellations affected 4,772 policyholders. Louisiana Commissioner of Insurance Jim Donelon has reached an agreement with Allstate, resulting in the reinstatement of some policies and the right for some to still obtain new coverage until Dec. 31, 2008.

Topics Louisiana

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Insurance Journal Magazine March 26, 2007
March 26, 2007
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