Colorado News

It Figures

103 The number of Mississippi cases relating to Hurricane Katrina claims included in a settlement with State Farm Mutual Insurance Co. last month. Terms of the settlement are confidential, said attorney Chip Merlin. Forty-seven of the 103 policyholders involved had …

Former franchisees challenge Brooke agent dealings

Overland Park, Kan.-based insurance agency franchisor Brooke Corp. has been hit with a number of lawsuits that raise questions about its business dealings with agents who bought into its nationwide operation, which now boasts some 800 locations. Brooke Corp. itself …

Former franchisees challenge Brooke agent dealings

Overland Park, Kan.-based insurance agency franchisor Brooke Corp. has been hit with a number of lawsuits that raise questions about its business dealings with agents who bought into its nationwide operation, which now boasts some 800 locations. Brooke Corp. itself …

Colorado Forecasters Predict Two Hurricanes in October-November

The final months of the 2007 Atlantic hurricane season are expected to experience above-average activity, forecasters at Colorado State University in Ft. Collins, Colo., are predicting. According to its latest forecast, the two-month period of October-November is expected to experience …

Report Finds Accidents at Nation’s High-Risk Biolabs Increasing

American laboratories handling the world’s deadliest germs and toxins have experienced more than 100 accidents and missing shipments since 2003, and the number is increasing steadily as more labs across the country are approved to do the work. No one …

Maine-based Workers’ Comp Writer MEMIC on the March– Now in 42 States

MEMIC Indemnity Co., a member of The MEMIC Group, has recently earned authorization to write workers’ compensation insurance in Rhode Island, North Carolina, Virginia and Colorado. The MEMIC Group can now offer workers’ compensation coverage to employers in 42 states. …

Van Gilder and EnRisk Provide Risk Mitigation for Energy Industry

Denver-based Van Gilder has formed a joint venture with EnRisk to provide risk counsel and insurance for the energy industry. The new company, vangilder | enrisk, will serve 16 states in the western region. Michael Van Gilder, Van Gilder CEO …

More States Join Centralized Insurer Market Conduct Exam Initiative

Alabama, California, Montana, Rhode Island and Washington will begin requiring insurance companies to file annual statement data as part of a growing effort to make market conduct exams more efficient that now includes 30 states. The 30 states require companies …

Brooke Franchise Corp. to Acquire Chicago Area Agency Network

Brooke Franchise Corp., a subsidiary of Brooke Corp. recently announced an agreement to acquire 60 insurance agency locations from entities associated with Chicago-based J and P Holdings Inc. The acquisition is expected to close on Sept. 28, 2007 and is …

Colo. Releases Tools for Consumers to Check Insurance Company Complaints

The Colorado Division of Insurance has released two references to help consumers make more informed decisions about buying insurance: an Interactive Complaint Ratio search tool and the Consumer Complaint Ratio Report. The Interactive Complaint Ratio (www.dora.state.co.us/insurance/pb/pp.htm#complaintratio) is an online tool …