Colorado News

Colorado’s Workers’ Comp Fund Pinnacol: Swagger and Success Invite Scrutiny

If there is one thing that Colorado’s quasi-public workers compensation provider, Pinnacol Assurance, has not been accused of being, it is being timid. When the state government tried early this year to tap the Pinnacol reserves for upwards of $500 …

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. Apartments Low Income Subsidized Housing Market Detail: Housing Insurance Services offers programs through two admitted …

Colorado’s IMA Financial Hires Executive

The IMA Financial Group, Inc., a diversified financial services company specializing in insurance, asset and risk management with 450 employees and offices in seven markets across the nation, today announced that Lindsey Maguire has joined IMA of Colorado as an …

Study: Workers’ Compensation Public Options Outperform Private Industry

An insurance industry think tank has concluded that 25 public and quasi-public workers’ compensation insurance plans perform better financially than the private market in a number of performance categories and at least as well when it comes to the bottom …

Pinnacol Chief Blasts Colorado State Legislators’ Hearings

The chief executive of Pinnacol Assurance contends that the interim committee hearings investigating the state workers’ compensation insurer were biased in favor of injured workers. The committee, which was comprised of 10 state lawmakers, voted in its final meeting last …

Colorado Fire in Historic Mall Investigated

The cause of a fire that destroyed a historic mall in Colorado’s Estes Park, at the entrance to Rocky Mountain National Park, is under investigation, according to the Denver Post. The newspaper is reporting that the Bureau of Alcohol, Tobacco, …

Business Moves

MeyersDining, CBIZ Cleveland, Ohio-based employee benefits and accounting services firm CBIZ, Inc. has acquired MeyersDining, LLC, an insurance agency located in Boulder, Colorado. Founded in 2005 with the merger of firms owned by Gary Meyers and Elizabeth Dining, MeyersDining is …

Insurers Backing Away from Homes with Chinese Drywall

James and Maria Ivory’s dreams of a relaxing retirement on Florida’s Gulf Coast were put on hold when they discovered their new home had been built with Chinese drywall that emits sulfuric fumes and corrodes pipes. It got worse when …

Pinnacol Hearings Resume with Fourteen Proposals

On Friday, Colorado legislators hold their last hearing on the disposition of the state workers’ compensation fund, Pinnacol Assurance. They will be considering 14 different reform bills. The 10 legislative committee members will be voting on the bills to decide …

Texas-based Firm Named PIA’s Managing General Agency of the Year

The National Association of Professional Insurance Agents has named Empower Insurance Group MGA Inc., headquartered in Fort Worth, Texas, as recipient of its 2009 Managing General Agency of the Year Award. “Empower Insurance Group MGA, demonstrates its commitment to the …