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Property and Casualty Insurance Information from the
Georgia Insurance Information Service |
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Gas Above $3.67, oil passes $126/Barrel
Keep Up With Gasoline Prices -- the Atlanta Metro and Across Georgia: Click here
Flood Insurance: In or Out of a Flood Zone, Your Home Could Be Vulnerable. Find out more. |
  S.E. Drought Situation Map: Little Change in Georgia
Compare the drought map from 12/25/07 (left) to 05/06/08 (right) to view the changes across the Southeast.
Click here to view 10 Tips to Save Water in your home.
Ga. Insured Catastrophe Claims hits $610 million in 1Q 08
U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $3.35 billion for first-quarter property losses resulting from nine catastrophes.
The nine events identified as catastrophes by PCS include an event PCS declared a catastrophe solely for the workers compensation loss associated with a February explosion at a sugar refinery in Georgia. This declaration is in keeping with PCS’s commitment to identify events affecting the property/casualty industry. Currently, no estimate of the extent of the insured workers compensation loss has been determined. The analysis in this press release excludes that catastrophe.
Of the 22 states, the five with the largest insured property losses were Georgia ($610 million), Tennessee ($535 million), California ($360 million), Texas ($270 million), and Arkansas ($223 million).
Click here to find out more.
SATURDAY NIGHT: 3 Conyers High School Students Killed In Traffic Crash
Atlanta Among Top 10: Allstate America's Teen Driving Hotspots" Study Highlights Metro Areas With Highest Rates of Deadly Crashes
Metro areas in the southern United States scored lowest in a study released May 8th by Allstate Insurance Company that identifies "hotspots" where fatal teen driving crash rates are highest.
The top 5 include Tampa/St. Petersburg/Clearwater, Fla.; Orlando/Kissimmee, Fla.; Jacksonville, Fla.; Nashville, Tenn.; and Birmingham, Ala.
The best scoring cities: San Francisco/Oakland, Calif.; San Jose, Calif.; New York City (including Long Island and northern New Jersey); and Los Angeles, Calif. Click here to find out more.
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Today's Insurance Term
Material Damage
Weather Scan: Severe Weather Pounds Georgia
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local weather information
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Southeastern weather warnings.
The Western U.S. led the nation in vehicle thfts per capita while Georgia metro areas ranked no higher than 22nd
The National Insurance Crime Bureau (NICB) reported today that the Modesto, CA, Metropolitan Statistical Area (MSA) had the highest per capita rate for vehicle thefts in the nation in 2007. Columbus, Georgia led the state as the 22nd Hot Spot in the nation and Atlanta came in at 36th.
To view the rankings of the major Georgia metro areas, Click here.
Preliminary 2007 crime data released by the FBI in January contains some positive news on the vehicle theft front. Not only is 2007 on track to be the fourth consecutive year of declining vehicle thefts, but if the preliminary figure of -7.4% holds, it will be the largest single year percent drop in thefts since 1999 and it will contribute to the overall 11% reduction in vehicle thefts, nationally, since 2000.
GIIS recommends the following actions under its "layered approach" to vehicle theft protection:
Common Sense--An unlocked vehicle with a key in the ignition is an open invitation to any thief, regardless of which anti-theft device you use. The common sense approach to protection is the simplest and most cost-effective way to thwart would-be thieves. Secure your vehicle even if parking for brief periods. You should always:
- Remove your keys from the ignition
- Lock your doors /close your windows
- Park in a well-lit area
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