Coldfusion query error - INSERT failed because the following SET options have incorrect settings: 'ARITHABORT'

You can avoid this by setting your database options.
1. Right click your database
2. Click Properties
3. Click Options on the Left pane
4. Turn "Arithmetic Abort Enabled" to "True"

Execute your cfm page again and it should work properly

and info here: http://support.microsoft.com/kb/305333