Latest Colorado Headlines
All the headlines from our Colorado Topic Page, ordered by recency.
Colo. Hail Damage Up to $60 Million
Aug 30 2007 // Losses from hail in Colorado has been tallied at $60 million, up from figures announced earlier this week. An insurance group says hail that battered Pueblo and Colorado Springs last week did almost $60 million in damage,...
Liberty Mutual Realigns Agency Companies to Welcome Ohio Casualty
Aug 27 2007 // Boston-based Liberty Mutual Group finalized its acquisition of Ohio Casualty Corp. on Friday, Aug. 24, 2007 and immediately announced a realignment of its $5.9 billion net premium regional agency company organization to...
Colo. Hail Damage Tops $19 Million
Aug 27 2007 // A storm that brought hail the size of half dollars caused at least $19.4 million in damages in the Pueblo, Colo., area, based on claims made to one insurance company. May Hendershot of State Farm Insurance said almost...
Hilb Rogal & Hobbs Acquires Colorado’s Brown/Raynor Agency
Aug 1 2007 // Hilb Rogal & Hobbs Co. of Richmond, Virginia, has acquired the property/casualty insurance agency Brown/Raynor Corp. of Colorado. Terms of the transaction, which closed on July 31, 2007, were not disclosed. Founded in...
Business Moves
Jul 23 2007 // Edgewood Partners, Calco Insurance Edgewood Partners Insurance Center, a California retail property and casualty and benefits insurance brokerage firm announced an agreement in principle has been reached with Calco...
Encompass Rolls Out Product in Colorado
Jul 17 2007 // Encompass Insurance, part of the Allstate group of companies, has developed a product specifically for Colorado drivers and homeowners, called Encompass Edge. Encompass Edge, through a pricing model, is designed to provide...
Lightning Striking Can be Frightening for iPod, Cell Phone Users
Jul 13 2007 // Listen to an iPod during a storm and you may get more than electrifying tunes. A Canadian jogger suffered wishbone-shaped chest and neck burns, ruptured eardrums and a broken jaw when lightning traveled through his music...
Hub Acquires Colorado’s Steel City Agency
Jul 6 2007 // Hub International Limited has purchased Pueblo, Colorado-based Steel City Agency. SCA’s four offices in Colorado will expand the presence of Hub International Southwest to the Colorado Springs, Pueblo and Trinidad...
State Farm to cut Colo. auto rates 7.2%
Jul 2 2007 // State Farm Mutual Automobile Insurance Co. announced it is lowering its overall automobile insurance rate level in Colorado an average of 7.2 percent beginning July 16. The rate reduction represents an annual savings of...
Wildfire Burns on Colorado’s Western Slope
Jun 21 2007 // The New Castle Fire burning near Glenwood Springs, Colo., has forced the evacuation of about 90 homes with another 100 on high alert, according to the Rocky Mountain Insurance Information Association. In light of the fire,...
State Farm Cutting Colo. Auto Rates 7.2%
Jun 19 2007 // State Farm Mutual Automobile Insurance Co. announced it is lowering its overall automobile insurance rate level in Colorado an average of 7.2 percent beginning July 16. The rate reduction represents an annual savings of...
Colo. Commissioner Claims Rate Filing Review Saved Nearly $4 Million
Jun 8 2007 // Colorado Insurance Commissioner Marcy Morrison has issued a statement saying her department’s review of rate filings by two insurers has saved consumers almost $4 million. According to the Department of Insurance,...
Business Moves
Jun 4 2007 // Cadence, Strategic Independent Agents Alliance Cadence Insurance Services of Colorado Springs, Colo., became a member of the Strategic Independent Agents Alliance, a network of independent insurance agencies. Cadence...
Insurers Ask Colo. to Veto UIM Coverage
May 22 2007 // The National Association of Mutual Insurance Companies is urging Colorado Gov. Bill Ritter to veto Senate Bill 256, legislation concerning uninsured and underinsured motorists. In a letter to the governor, NAMIC warned...
Colorado ends legislative session; industry pleased tort auto system remains
May 21 2007 // The Colorado Legislature wrapped up its regular session on May 4, with fairly positive results for the insurance industry and consumers. The auto insurance system will remain a tort system, instead of reverting back to a...
Colorado ends legislative session; industry pleased tort auto system remains
May 21 2007 // The Colorado Legislature wrapped up its regular session on May 4, with fairly positive results for the insurance industry and consumers. The auto insurance system will remain a tort system, instead of reverting back to a...
Colo. Ends Legislative Session; Positive for Insurance Industry
May 11 2007 // The Colorado Legislature wrapped up its regular session on May 4, with fairly positive results for the insurance industry and consumers. The auto insurance system will remain a tort system, instead of reverting back to a...
Colo.’s Cadence Joins Strategic Independent Agents Alliance
May 10 2007 // Cadence Insurance Services of Colorado Springs, Colo., has become a member of the Strategic Independent Agents Alliance, a network of independent insurance agencies. The company was the 2,200th Independent Strategic Member...
Pinnacol Issues $60 Million in Dividends to Colo. Policyholders
Apr 25 2007 // Denver-based Pinnacol Assurance, a Colorado workers’ compensation insurer, announced it will issue a general dividend to its policyholders. In mid-May, enearly 56,000 eligible Colorado businesses will receive...
People
Apr 23 2007 // The Property Casualty Insurers Association of America hired Benjamin J. McKay III as senior vice president of federal government relations in its Washington, D.C., office. Previously, McKay served as chief of staff for...
