Insurance News

Posts Tagged ‘lowest

Traffic deaths in the USA are at a 60-year low despite a slight uptick in miles driven, and the chances of dying on the road are the lowest ever, the Department of Transportation says.

The number of people who died on the nation’s roads fell 3,615, or 9.7%, from 2008 to 33,808 last year, the latest available data from the department. That was the lowest total since 33,186 people were killed in 1950, when there were one-fifth the number of vehicles Read the rest of this entry »

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Oregon homeowner insurance is among the least costly in the nation, averaging $496 a year, according to a nationwide survey.

That compares to an average $822 nationwide and is lower than all states except Idaho and Wisconsin.

The 2007 data, the most recent available, was released recently by the National Association of Insurance Commissioners.

?Oregon?s competitive insurance market helps keep premiums low, as does the Read the rest of this entry »

The U.S. property/casualty insurance industry?s 2008 asbestos and environmental losses were the lowest since 2000, according to a report by A.M. Best Co. Inc. slated to be released Monday.

According to the report, net incurred asbestos losses dropped 49.9% to an estimated $1.3 billion in 2008 from a year earlier, while net incurred environmental losses dropped 41.3% to about $400 million.

The decline was the fifth in the past Read the rest of this entry »

(CNN) — The number of Americans killed on U.S. highways last year was the lowest since 1961, the Department of Transportation announced Monday.

Last year’s death toll was put at 37,313. In 1961, the number of lives lost was 36,285. The numbers were compiled by the DOT’s National Highway Traffic Safety Administration.

In addition, the rate of deaths on U.S. highways hit a record low last year — 1.28 fatalities per 100 million vehicle Read the rest of this entry »

An economic downturn can have a bright side: U.S. highway deaths in 2008 fell to their lowest level since John F. Kennedy was president.

The recession and $4 per gallon gas meant people drove less to save more. Experts also cited record high seat belt use, tighter enforcement of drunken driving laws and the work of advocacy groups that encourage safer driving habits.

Yahoo! BuzzPreliminary figures being released by the government Read the rest of this entry »








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