Colorado News

Colorado Committee Evaluates State’s Workers’ Comp Insurer Pinnacol

A special committee of Colorado lawmakers is evaluating Pinnacol Assurance, to examine what role the state should have in managing the quasi-governmental workers’ compensation insurer’s business. Ken Ross, Pinnacol’s president and CEO, has said he would like to make the …

U.S., Colorado Forecasters Trim Atlantic Hurricane Forecasts Again

The Colorado State University storm research team cut its 2009 Atlantic hurricane season forecast Tuesday, predicting that El Nino would trim the tally to 10 tropical storms, with four becoming hurricanes. The noted forecasting team founded by pioneering storm researcher …

Top 100 Privately-Held Property/Casualty Agencies

Top 100 Privately-Held Property/Casualty Agencies Ranked by Total 2008 P/C Premium Written 2008 Rank Agency Name, Main Office 2008 P/C Premium Written 2007 P/C Premium % Premium Change 2008 Other than P/C Premium 2008 P/C Revenue 2008 Rank by Revenue …

The Hartford’s Andrade to Keep P/C Unit Disciplined; Focused on Service

The Hartford Financial Services Group Inc. appointed Juan Andrade, 43, president and chief operating officer of its Property and Casualty Operations, effective immediately. Andrade will continue to report directly to the company’s chairman and CEO, Ramani Ayer, and will serve …

Why Bankruptcy Rates Vary By State

State Policies, More Than Differences Among People, Tend to Influence Bankruptcy Rates Twenty-four percent of agents and brokers have had business customers go into bankruptcy in the past two years; another 24 percent have had customers file for personal bankruptcy, …

It Figures

14 Number of complaints about AIG still outstanding from the Sayre Fire that struck Sylmar, Calif., in November 2008, according to the California Department of Insurance. DOI spokesman Darrel Ng said it had received 22 complaints about AIG related to …

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. Vacant Property Market Detail: American Management Corp. offers property protection to owners of residential and …

Colorado Workers’ Comp Insurer Wants to Go Private

The head of Colorado’s state-chartered workers’ compensation insurance fund says the company wants to go private. Ken Ross, president and chief executive of Pinnacol Assurance, told The Denver Post editorial board the company might be willing to pay taxes and …

Colorado Casualty Appoints Irving to Regional VP for Arizona

Colorado Casualty, a Liberty Mutual Agency Markets regional company headquartered in Centennial, Colo., announced the appointment of Brent Irving to regional vice president for the company’s Arizona territory, which includes Nevada and New Mexico. Prior to this appointment, Irving was …

Colorado Independent Insurance Agents Association Seeks Award Nominees

The Professional Independent Insurance Agents of Colorado (PIIAC) is sseeking nominations recognizing outstanding service to the association or to the insurance industry. The awards recognize individuals in several different categories and will be presented at PIIAC’s Annual Awards & Recognition …