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Colorado News

Teacher, Gypsy, Even an Insurance Agent Make Fraud Hall of Shame List

A glass-eating gypsy, a teacher who faked terminal cancer, and an insurance agent who killed homeless clients are among the top insurance swindlers of 2007. These convicted thieves were inducted into the Insurance Fraud Hall of Shame by the Coalition …

Colorado Mandates Electronic Rate Filings

The Colorado Division of Insurance announced that property/casualty and health insurance rate filings submitted in paper form after Jan. 1, 2008 will be returned for noncompliance. House Bill 07-1234, which took effect this month, mandated electronic filings. A summary of …

Ratings Recap: Harleysville, TIG Specialty, Co-Operative, Crusader, Pacific Star

A.M. Best Co. has revised the outlook to positive from stable on all ratings of the Harleysville Mutual Insurance Company and its subsidiaries, including the publicly-traded holding company, Harleysville Group Inc. (HGIC). Best also affirmed the financial strength rating (FSR) …

ISO: Insurers to Pay $6.5 Billion in 2007 Catastrophe Claims

U.S. property/casualty insurers are expected to pay homeowners and businesses $6.5 billion for 2007 property losses from 23 catastrophes — the eighth lowest cost in a decade and the seventh lowest frequency for the same period, according to preliminary analysis …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Jewelers Block Nuts & Bolts: Jewelers Block is offering coverage including retail, wholesale and manufacturing …

Wisconsin Commissioner Faces Credit Scoring, Senior Health Issues

It’s not all cheese and football in the dairy land of Wisconsin. Insurance Commissioner Sean Dilweg has had important issues thrust in front of him in his one short year as commissioner. He has been working with staff, consumers, agents …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Small Residential General Contractors Nuts & Bolts: NSM Insurance Group is offering coverage for general …

Despite Higher Costs, Insurers Encourage ‘Green’ Rebuilding of Homes

Sean Walsh returned to his mother’s San Diego home after the October wildfires to find it charred to its foundation. He says he plans to help her rebuild the trilevel, five-bedroom abode — happily used to host 19 grandkids — …

Levee Breaks in Nevada, About 3,500 Temporarily Stranded, 3 Dead

A ruptured levee sent a frigid “wall of water” from a rain-swollen canal into this high desert town Saturday, Jan. 5, flooding hundreds of homes and forcing the rescue of more than a dozen people by helicopter and boat. To …

CarInsurance.com Adds Insurance Carriers for 2008

CarInsurance.com, which sells auto insurance over the Internet, has added more carriers to its current 28 state agency product offering. In November and December 2007, the firm expanded and now offers Encompass Insurance – Allstate and Progressive Drive in Arizona; …