311 The number of policyholders out of 452 investigated who received a larger discount on their home insurance premium for storm mitigation steps than they should have from Citizens Property Insurance Corp. The state-backed insurer reported that 39 aren’t getting …
3.8 The magnitude of a small pre-dawn earthquake that hit northern Illinois on Feb. 10. The Illinois State Geological Survey (ISGS) said the earthquake was felt in eight states and was reported by more than 10,000 people. The epicenter was …
$25 Million Record snowfall beginning Feb. 11 in the Dallas/Fort Worth area resulted in insured losses of $25 million, the Insurance Council of Texas reported. An estimated 4,200 claims came from auto, residential and commercial property owners. The average claim …
$100,000 The Illinois Department of Insurance revoked the insurance licenses Daniel Martin Deitz of Bloomingdale and his Schaumburg-based agency, Danny Martin CLU and Associates (Martin), and imposed a $100,000 fine — the maximum allowed under Illinois law — for participating …
$35,200 The reduced fine issued to Walt Disney World by OSHA for a serious violation that contributed to the death of a 21-year old worker during a summer monorail accident last July. 11.7% The latest rate increase on homeowners policies …
$12 Billion Hurricane Ike, which struck Galveston on Sept. 13, 2008, is so far the costliest weather catastrophe in Texas history, racking up nearly $12 billion in windstorm and flood insurance claims. Windstorm claims in Texas resulting from Ike totaled …
$1.5 Billion Projected budget deficit Colorado lawmakers are grappling with, as they evaluate proposals to slash spending for public education, higher education, Medicaid and other programs. Among the proposals being considered by the Governor is a sale of the state’s …
$838,000 Missouri Attorney General Chris Koster’s office assessed more than $838,000 for workers’ compensation fraud and insurance coverage noncompliance in 2009, a dramatic increase over the $461,000 assessed in 2008. The AG said his office last year filed charges against …
1,650 The number of policies on North Carolina’s barrier islands that State Farm officials told regulators it will drop as part of its effort to reduce its coastal exposure. Customers can expect to receive a notice that their policy expiring …
19.1% State Farm Fire and Casualty Co. is seeking a statewide average 19.1 percent homeowners rate hike in Louisiana. Coastal residents would bear the brunt of the increase, which would average about $229 per policyholder, according to the Associated Press. …
