It Figures

$12.1 Million

Cumulative amount of bonuses to be paid to several top executives at AIG, after U.S. pay czar Kenneth Feinberg signed off on the deal. The payments were promised in 2008 to get key employees to stay with AIG after its bailout by the federal government.

$250,000

Amount won on a lottery ticket by a Georgia man, barely a month after his family’s home was heavily damaged by flooding. The man, Michael Sussman, said he plans to buy a new home for his family with his winnings. His house was flooded up to the roof during the high water that damaged hundreds of homes across the state.

14.6%

Average rate hike approved for Universal Property and Casualty Insurance Co. for its homeowners program in Florida. The increase was approved by the Florida Office of Insurance Regulation (OIR) last month, and affects new policies issued after Oct. 22. The company is one of the five biggest writers of homeowners’ insurance in Florida, and also operates in Georgia, North Carolina, South Carolina and Hawaii.

24

Estimated number of jobs that West Virginia workers’ compensation insurer BrickStreet Insurance is looking to shed as it adjusts to a market in which it’s no longer the sole insurer. Last November, BrickStreet cut about 50 jobs.

20%

The share of funds collected that has been spent on a Georgia driver’s education program for 16-year-olds. State officials say the law does not require all the money collected through an extra fee on traffic tickets to be spent on the teen driver’s education program, but the father of the boy who inspired Joshua’s Law says more money generated by the law should be used for that purpose. From fiscal years 2005 to 2009, $38.4 million was collected from the add-on fine and went into the state’s general fund. The legislature appropriated $2.7 million per year for fiscal years 2007 to 2009, for a total of about $8.1 million.