Colorado News

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. A-Side Directors & Officers Market Detail: Great American Insurance Group’s Executive Liability Division offers A-Side …

American Strategic Enters Homeowners Market in 3 States

American Strategic Insurance Corp. (ASI) has entered Virginia, Delaware and Georgia residential property markets. The company offers policies for homeowners, renters, condominium owners, seasonal residents and investment property owners through independent agencies. The company also offers flood coverage. ASI, a …

Crop Bounty Spurs Construction Boom at Midwest Grain Elevators

A construction boom has been under way at grain elevators across the Great Plains, where farmers have grown more corn and opted to keep more of the grain to meet the demand from ethanol plants. Storage capacity at the nation’s …

Pinnacol Assurance Names Kranz Associate VP of Finance

Pinnacol Assurance, Colorado’s leading provider of workers’ compensation insurance, has named Kathy Kranz as the new associate vice president of finance. She previously served as the company’s controller. Prior to joining Pinnacol in 2008, Kranz oversaw property and casualty insurance …

Colorado Insurance Commissioner Morrison Steps Down

Colorado Department of Regulatory Agencies Executive Director Barbara Kelley announced the departure of Marcy Morrison as Colorado Insurance Commissioner. As of December 1, John J. Postolowski, a veteran state employee and current deputy commissioner of finance and administration at the …

Farmers Appoints Shriver Senior VP Field Operations in Southwest

Farmers Insurance has appointed Rick Shriver senior vice president of field operations, Southwest Zone. The Zone includes Arizona, New Mexico, Texas, Oklahoma and Arkansas. Shriver has more than 24 years of experience in a variety of operations, including marketing, sales, …

Trustees for LexisNexis Insurance Exchange Named

The insurance technology platform that promises to streamline transactions between insurance agents/brokers and their carriers now has a formal advisory board to guide data privacy, pricing and other policies. The new Insurance Exchange Trust Inc. is charged with overseeing the …

All Risks Names Daugherty Undewriting Manager in Arizona

Hunt Valley, Md.-based All Risks Ltd. has named Abby Daugherty an underwriting manager in the Phoenix office. Daugherty has more than a decade of commercial excess and surplus, small account brokerage and contract binding experience. She will expand the Phoenix, …

Some Vestiges of Patent Infringement Coverage Remain

Despite multiple changes in general liability insurance forms, redefined offenses, and the addition of exclusions, there are still instances in which coverage for patent infringement may exist. Under the standard CGL policy, the coverage is provided in two sections. Coverage …

Colorado Casualty’s McKinnie Wins Communication Award

Jocosa McKinnie of Colorado Casualty Co. of Phoenix has competed in and won the Arizona Confidence While Communicating Speak-Off. Confidence While Communicating (CWC) is a program offered to members of the National Association of Insurance Women (International) to enhance their …