January 13, 2009
Englewood, Colo.-based Colorado Casualty, a Liberty Mutual Agency Markets regional company, announced that it is adding workers’ compensation coverage to its commercial insurance product line. Workers’ compensation new business can be written by Colorado Casualty agents effective February 1 in …
January 11, 2009
Laws mandating stores only sell cigarettes that are slow-burning and fire-safe went into effect in five states on New Year’s Day, including Texas and Oklahoma. Those two states, plus Delaware, Iowa and Pennsylvania, joined 17 others in mandating the fire-safe …
January 11, 2009
OnPoint Underwriting, Commercial Insurance Services Atlanta-based OnPoint Underwriting acquired the assets of Commercial Insurance Services, based in Greenwood Village, Colo. Terms of the transaction were not disclosed. Commercial Insurance Services is led by Bob Hallameck, president, who will retain a …
January 11, 2009
A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with differences in the usefulness of information such as the rates and practices of individual insurance companies. According to the Consumer …
January 5, 2009
Some Colorado residents spent the New Year making repairs and calling their insurance companies after strong winds pounded the Front Range, Colorado Springs, the Eastern Plains and Southern Wyoming on Dec. 30, 2008. A collision of a high and a …
January 5, 2009
Monarch Insurance Services Inc., a 26 year-old Hawaii-based company, has purchased Bishop Insurance Agency, a division of American Savings Bank. The exact purchase price was not disclosed. Monarch will focus on providing excellent customer service to the existing Bishop customers. …
January 5, 2009
Colorado’s Division of Insurance is proposing to amend regulation 5-1-10, Rate and Rule Filing Submission Requirements for Property and Casualty Insurance, “to ensure that property and casualty insurance rates are not excessive, inadequate or unfairly discriminatory.” However, the regulations as …
December 30, 2008
Colorado Attorney General John Suthers announced that the Statewide Grand Jury has indicted Richard Oliver on four felony charges involving asbestos removal and disposal. The charges include causing or contributing to a hazardous waste iIncident, knowing endangerment, and bribery of …
December 23, 2008
Cincinnati Financial Corporation’s property casualty insurance subsidiary, the Cincinnati Insurance Company, has appointed Watkins Insurance Group, with locations in Austin and Marble Falls, Texas, as the first independent agency in that state to market its policies. Watkins Insurance Group is …
December 21, 2008
West California Passed Agent-Broker Law The most notable bill affecting California agents was AB 2956, which clarifies the duties of an insurance agent versus a broker. Prior to the new law, confusion existed within the industry, with consumers, brokers, agents, …