Colorado News

Kansas Regulators: State’s Auto Insurance Rates Among Lowest in U.S.

The Kansas Insurance Department reports that Kansas ranks sixth lowest in the nation for average auto insurance expenditures, according to figures released by the National Association of Insurance Commissioners (NAIC). This is the fifth consecutive year the state has been …

Forecasters Expect More Active Atlantic Hurricane Season Next Year

Colorado State University researchers are predicting a more active Atlantic hurricane season next year, with six to eight hurricanes, at least three of them major. Philip Klotzbach and William Gray predict 11 to 16 named storms in the forecast released …

IMA Hires Sustr as an Employee Benefits Account Executive

Insurance broker IMA Inc. has named Pavlina Sustr an employee benefits account executive specializing in international accounts for IMA of Colorado based in Denver. IMA is part of IMA Financial Group Inc., a financial services company specializing in insurance, asset …

Drunk Driving Death Rates Decline in 40 States

Drunken driving fatality rates have fallen in 40 states and the District of Columbia, an encouraging sign that crackdowns are improving highway safety. The Transportation Department said that 11,773 people were killed in drunken driving crashes in 2008 for a …

Online Agency Says Auto Insurance Rates Fell 3.5% in 2009

Online insurance agency insurance.com said its records show that car insurance rates across the nation declined 3.5 percent in 2009 to $1,803 per year. The company said the decline followed a rate increase of 8 percent in 2008. According to …

It Figures

30 The number of third quarter mergers and acquisitions of insurance brokerages, according to Audra M. Szollosy, senior vice president with Hales & Co., one of the oldest and most experienced advisory and investment banking firms solely dedicated to the …

Business Moves

USAA Military insurance company USAA is expanding its customer base by nearly 35 million prospects by opening up eligibility for its products to all veterans who have served in the U.S. Armed Forces at any time. More than 18 million …

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. Campgrounds, Dude Ranches & Other Outdoors Risks Market Detail: Hull & Company Inc. has availability …

Top Personal Lines Agencies

Correction: Top Personal Lies Agencies The Top 2009 Personal Lines Agencies list that was published in the Nov. 16 issue of Insurance Journal was incorrect. Unfortunately, columns of spreadsheet data shifted in the process of producing that listing. Insurance Journal …

The Hanover Forms Agreement With OneBeacon, Expands in West

Worcester, Mass.-based The Hanover Insurance Group Inc. announced that it has entered into a renewal rights agreement with OneBeacon Insurance Group as part of its goal to strengthen its competitive position and expand in western states. Through the agreement, The …