Colorado News

Snapshot: It Figures

25% Percent of the oil from the BP gusher in the Gulf of Mexico that had not been captured or evaporated by the end of July, according to Carol Browner, energy and climate change adviser to President Barack Obama. Government …

2010 Education & Training Directory

Insurance Journal is pleased to publish the 2010 Education and Training Directory. This exclusive resource directory has been designed to help independent agents and brokers find educational and training opportunities to enhance their professional growth. Education and training providers, including …

It Figures

25% Percent of the oil from the BP gusher in the Gulf of Mexico that had not been captured or evaporated by the end of July, according to Carol Browner, energy and climate change adviser to President Barack Obama. Government …

Colorado Questions Whether Pinnacol’s Rates Are Excessive, Unfair

Colorado’s Division of Insurance has scheduled a public hearing on Wednesday, August 25, to consider rates submitted by Pinnacol Assurance, the state’s quasi-governmental workers’ compensation insurer, to determine if they are excessive, inadequate, or unfairly discriminatory. According to the DOI, …

August Begins Busiest Phase for Hurricane Season

Record high ocean temperatures and the development of a climate phenomenon known as La Nina will keep the Atlantic hurricane season on track to be the busiest since 2005, according to government forecasters. The National Oceanic and Atmospheric Administration has …

Cincinnati Financial Q2 2010 Income Up from Previous Year

Cincinnati Financial Corp. saw net income for the second quarter of 2010 rise to $27 million compared with a net loss of $19 million for the same period in 2009. Operating income for the quarter was $42 million compared with …

75% Chance of Major Hurricane Hitting Atlantic Coast, Says Forecaster

The Colorado State University forecasting team Wednesday maintained its 2010 Atlantic hurricane season forecast of 18 named tropical storms, 10 expected to become hurricanes. It predicted five of the hurricanes would be major, of Category 3 or greater. The CSU …

Business Moves

Liberty Mutual Liberty Mutual Group has reorganized its commercial property, casualty and specialty lines insurance units as well as claims and loss control services for the insurer’s national accounts and mid-sized business clients. The new distribution and service organization will …

Business Moves

RSI International, Insurance Network Texas-based RSI International Inc. has acquired Insurance Network Corp. (INC), a managing general agency based in Dallas, Texas. Established in 1996, Insurance Network Corp. specializes in securing property/casualty coverage for Texas-based retail agents. Jim Chippendale and …

Hanover Expands Western Surety Business With ICW Group Agreement

Worcester, Mass.-based The Hanover Insurance Group Inc. has closed on an agreement with ICW Group that is designed to enhance The Hanover’s surety capabilities in the West, including Arizona, California, Colorado, Oregon, Texas and Washington. The Hanover has hired 20 …