impact News

9/11’s Costly Insurance Impact

According to the Insurance Information Institute (III), 9/11 was the largest claims payout in global insurance history. The terror attack produced insured losses of about $32.5 billion; the cost exceeded only by Hurricane Katrina. 9/11-related losses were paid out across …

Report: Guns in Bars Have Little Impact on Crime in Virginia

The number of gun crimes at Virginia bars and restaurants declined slightly during the first year of a new state law that allows people with permits to carry concealed firearms into establishments that serve alcohol, a newspaper reported Sunday. According …

Amtrak Train Hits Truck in Maine; Both Catch Fire

Authorities and witnesses say an Amtrak train smashed into a tractor-trailer in Maine, causing an explosion that set both on fire and sent flames more than three stories high. Steve McCausland from the Maine Department of Public Safety says the …

Arkansas Farm Bureau Pegs Growers Flood Impact at $500M

The Arkansas Farm Bureau says more than 1 million acres of farmland in the state have been swamped by flooding over the past few weeks, and the economic impact will be greater than $500 million. The Farm Bureau, which lobbies …

Wisconsin Residents Deal with Tornado’s Impact

Residents already devastated by the April 10 tornado that ripped through the area now must deal with the storm’s aftermath slowing an already fragile economy. Lincoln County had the 10th-highest unemployment rate in the state – 10.8 percent – before …