Colorado News

Solutions Insurance Joins SIAA Inc.

Solutions Insurance Group LLC of Colorado Springs, Colo., has joined ICA Agency Alliance Inc. based in Colorado Springs. Since it’s inception in 1995, SIAA has signed 3,450 new members in the continental United States.

The Competitive Advantage: Agency Valuations

A Victim of the Credit Bubble? In the early 1700s, John Law, a brilliant mathematician, advised the French government their economy could be improved by printing lots of paper money not backed by gold or silver. The key was getting …

Pinnacol Assurance to Credit $15M to Certain Policyholders

Workers’ Comp Insurer Loses Battle to Keep Records Private Colorado’s Division of Insurance announced it has reached a settlement agreement with Pinnacol Assurance concerning filing issues raised earlier this year. Meanwhile, the quasi-governmental workers’ compensation insurer has lost the battle …

A Year in Social Networking

5 Lessons for Insurance Brand Decision-Makers Since its inception just a few years ago, social networking has provided both hype and hope for businesspeople. Social networking practitioners in the insurance industry have demonstrated over the past year how to deliver …

Texas’ July Enforcements Include Nearly $500K in Fines, Restitution

Colo. Town Gives Green Light to Golf Carts on Roads

Erie, Colo., is the second community in Boulder County to allow people to drive golf carts on public streets. The town trustees voted 4-3 to allow the electric vehicles on streets with posted speed limits of 25 mph. Drivers must …

Pinnacol Assurance To Credit $15M to Certain Policyholders

Colorado’s Division of Insurance announced it has reached a settlement agreement with Pinnacol Assurance, the state’s largest workers’ compensation insurer, concerning filing issues raised earlier this year. Pinnacol has agreed to credit policyholders a minimum of $15 million against premiums …

K&K Insurance Adds New Regional Sales Staff Across U.S.

Indiana-based K&K Insurance has added a regional sales force to develop new agent relationships while supporting existing K&K relationships with more than 6,000 agents and brokers across the United States. The new sales representatives include: James Algeo serves the Northeast …

Pinnacol Tells Court Records Should Remain Private

Colorado’s quasi-governmental workers’ compensation insurer Pinnacol Assurance has testified that records concerning a private business incentive event should remain private — yet a state judge disagrees. In 2009, an investigative reporter for the local Channel 7, KMGH-TV, requested under the …

Colorado Medical Malpractice Insurer Fined $48,400

Colorado’s Department of Regulatory Agencies Division of Insurance has fined Denver-based COPIC, one of the state’s largest medical professional liability insurers, following a market conduct examination. According to the DOI, COPIC had “numerous issues” related to its long-term care insurance …