Colorado News

Points of Light Institute Honors Pinnacol Assurance

Denver-based Pinnacol Assurance is being honored by the Points of Light Institute with the 2009 Corporate Engagement Award of Excellence. The award recognizes a business’s overall employee/retiree volunteer effort. Pinnacol is being honored alongside Capital One, Deloitte LLP, Eli Lilly …

Texas Approves 8 Companies to Self-Insure for Workers’ Comp

The Texas Department of Insurance Division of Workers’ Compensation (TDI-DWC) approved the renewal of the Certificates of Authority for eight companies to self-insure for workers’ compensation claims for a one-year period under the TDI-DWC Self-Insurance Regulation program. These eight companies …

Colorado’s Storm Damage Estimated at $161.1 Million

For the past eight days Mother Nature has taken Coloradans on a wild weather ride — starting June 7 with a tornado and damaging hail in Aurora and the South Metro area, then pounding Northern Colorado with golf-ball and baseball-sized …

Business Moves

Heffernan Heffernan Insurance Brokers has established a new office in Chesterfield, Mo. – “Wrap Up Insurance Solutions” – which it describes as a full service wrap up administrator and consultant for all types of construction wrap ups, including owner and …

People

Kansas City-based insurance broker Lockton has added Michael Todorovich II as vice president and producer in its St. Louis office. With more than 11 years of experience in the insurance industry, Todorovich’s expertise includes mergers and acquisitions and executive risk. …

Business Moves

Hiscox Hiscox, an international specialist insurer, has opened an office in Miami to further expand its U.S. operations. The Miami office, which is located in the heart of the Brickell area, will serve brokers in the Southeast. The lines of …

It Figures

10% The increase in Atlanta’s homeowners insurance rates that is possible unless the city hires more firefighters and improves fire training. Georgia Insurance Commissioner John Oxendine said a report by Insurance Services Office (ISO) that found Atlanta’s public protection classification …

It Figures

$9.3 Million An Arkansas lawyer who controlled an escrow account for a settlement in a case involving the Bisys Group Inc. insurance services firm has pleaded guilty to charges of stealing more than $9 million from the account. Lawyer Steven …

Insurance Agents, Brokers: Beware of Scam

Licensed insurance agents and brokers in California, Colorado and Nevada are being warned to beware of a scam targeting them. The Nevada Division of Insurance, California Department of Insurance and Colorado Division of Insurance each have received reports that individuals …

Declarations

Insurance Friendly “What I discovered in the course of looking at Judge Sotomayor’s overall body of opinions on coverage issues was far more interesting than any one case. Judge Sotomayor has been very, very insurer-friendly during her time on the …