It Figures

$60 Million

The estimated insured loses caused by violent weather that struck Georgia on April 10, according to Insurance and Safety Fire Commissioner John W. Oxendine. The storms caused damage in the metro Atlanta area, Burke, Chattooga, Crisp, Floyd, Franklin, Hancock, Richmond, Stephens, and Sumter Counties.

2.9

The magnitude of the small earthquake reported in a central Alabama county for the second time in less than 24 hours. The U.S. Geological Survey reported that thee quake was centered about 10 miles southeast of Centreville. No injuries or damage were reported.

60%

The percentage of average annual loss attributable to hail storms. Why so high? Primarily because hail storms cover a large area and occur more frequently and in coordination with tornadoes than straight wind storms, according to Risk Management Solutions.

$2.5 Million

The fine levied against a Massey Energy subsidiary after a federal judge accepted the company’s guilty plea to 10 criminal charges for a 2006 fire that killed two West Virginia coal miners. U.S. District Judge John Copenhaver approved Aracoma Coal Co.’s plea deal despite a provision sparing Massey officials and the Richmond, Va., coal company from prosecution. The agreement also required Aracoma to pay a $1.7 million fine for civil violations found by the federal Mine Safety and Health Administration.

1,700

The number of tornadoes in the U.S. in 2008. They accounted for 25 percent of about $10.5 billion in insured losses, according to Risk Management Solutions.