It Figures

October 4, 2010

124

Illinois Attorney General Lisa Madigan announced that investigators have identified 124 people with active arrest warrants who were residents or staff members of nursing homes for elderly residents. Madigan said they were identified through 21 unannounced nursing home compliance checks conducted over the past nine months as part of the Operation Guardian initiative she launched in February. Madigan said the multi-agency investigation is ongoing. She said previously that steps had been taken to make sure nursing homes aren’t tipped off to the surprise raids aimed at increasing residents’ safety. Madigan said her office would clamp down on leaks that could give nursing homes time to bring in more staff and spruce up living conditions before investigators arrive.

$60 Million

The company behind a recent pipeline leak near Chicago estimates it will cost up to $60 million to clean up the area where hundreds of thousands of gallons of oil spilled. Enbridge Energy Partners LP said its estimate of $40 million to $60 million doesn’t include potential penalties. It said insurance money should reduce the total charge for the cleanup to $10 million to $15 million. The Sept. 9 leak spilled oil into vegetation, a retention pond and a sewage treatment plant in Romeoville. The line was closed for about a week, disrupting delivery of as much as 670,000 barrels of oil products a day to Midwest refineries and causing a jump in crude oil and regional gasoline prices. Federal officials have said more than 250,000 gallons of oil have been recovered from the site. Their investigation is ongoing. AP

3.1%

The Property Casualty Insurers Association of America’s (PCI) annual Insurance Compensation Survey shows that property/casualty insurance companies are projecting average salary budget increases of 3.1 percent in 2011, which is slightly higher than the 2.8 percent increase reported in 2010. The PCI Insurance Compensation Survey includes information for more than 60 benchmark jobs in the property/casualty insurance industry. This year, 157 companies participated in the survey.