Colorado News

My New Markets

Outdoor Recreation and Hospitality Nuts & Bolts: The Great Outdoors Insurance Program written by Gillingham & Associates provides comprehensive coverage for Outdoor Recreation and Hospitality industries. Classes: guest ranches, guides & outfitters, resorts, hunting & fishing lodges, RV parks & …

My New Markets

Mortgage Company E&O/Fidelity Bond Nuts & Bolts: SUA Inc. has insurance packages for the mortgage industry covering both mortgage brokers and bankers. Coverages include professional liability, fidelity/crime bond, mortgage impairment and employment practices liability. Dollars: $300,000 to $5 million. Carrier: …

N.J. Lawmakers Urge Action on Shore Evacuation Plan

Some Jersey shore legislators say the formation of a task force meant to make changes to shore-area evacuation routes — for use in the event of a hurricane — needs to be done quickly. On Jan. 30, the state Assembly …

Fla.’s Citizens to Provide Commercial Coverage for Small Businesses

Citizens Property Insurance Corporation’s board of governors gave its approval Thursday of expanded commercial property insurance coverage for small businesses across Florida. “Our goal is to make coverage available as quickly as possible to the Florida small business community which …

Quaker Special Risk Launches Luxury Home Builders’ Program

Eatontown, N.J.-based Quaker Special Risk launched a new program tailored for luxury home builders building homes that have a sale price of $350,000 and up. Coverage is provided for new home construction including incidental remodeling and renovations. The focus of …

Pinnacol Issues $60 Million in Dividends to Colo. Policyholders

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 dividend checks totaling $60 million. “Issuing a general dividend for the third straight …

Colorado Offers Identity Theft Repair “Kit”

Colorado Attorney General John Suthers has released an Identity Theft Repair Kit to help combat the growing threat of identity theft in the state. The 21-page booklet will provide useful information on how to prevent identity theft and what to …

Judge Seeking Restitution for Victims of Asbestos Attorney Fraud

A once high-flying asbestos litigation attorney was all set Friday to plead guilty to fraud involving thousands of clients, but a federal judge in Miami put the brakes on the deal to give victims a chance to be heard. Louis …

Hurricane Forecasters Who Got Mild ’06 Right Warn of Active ’07

The up-and-coming hurricane researchers who accurately predicted a mild 2006 storm season, despite dire predictions of more established forecasters, said the 2007 season will be much more active — especially in the Gulf of Mexico. Two teams of researchers at …

People

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 U.S. Rep. Katherine Harris, R-Fla. McKay also …