It Figures

July 6, 2009

1,636

The number of commercial vehicles the Texas Department of Public Safety (DPS) troopers removed from service during Roadcheck 2009, which ran from June 2 through June 4. DPS troopers inspected 7,316 commercial vehicles, a 25.6 percent increase from Roadcheck 2008. During the three-day campaign, 1,636 of the vehicles (22.3 percent) and 202 of the drivers (2.7 percent) were found to have serious enough safety violations to be removed from service. In 2008, 1,435 vehicles and 178 drivers were placed out of service. This year’s vehicle out-of-service violations included 953 trucks that needed a brake adjustment, 655 that had brake system problems, 245 that had tire or wheel problems, and 272 that had light malfunctions.

$3.4 Billion

The amount in federal bailout money being taken by Hartford Financial Services Group Inc. to bolster capital after large losses on investments. The 199-year-old life and property insurer said taking part in the Troubled Asset Relief Program and selling some stocks are important steps in building financial strength and remaining well-capitalized.

9.4%

The percentage drop per $1,000 in revenue in the total cost of risk paid by businesses in 2008 compared to 2007. The drop was largely attributable to lower average premiums in almost every line of business, according to the 2009 RIMS Benchmark Survey. The total cost of risk is the sum of insurance premiums, retained losses and risk management administrative costs.

$9.75 Million

Amount to be paid by Framingham, Mass.-based retailer TJX Cos. as part of a settlement with numerous states over a massive data theft that exposed 46 million customers’ credit card numbers. Some of the money will pay for a data security fund for states involved in the settlement. The breach began in 2005; it was disclosed in 2007.