Colorado News

North Carolina, Florida Join States Lowering Workers’ Comp Rates

North Carolina and Florida have joined the ranks of states where workers’ compensation costs are falling. North Carolina Insurance Commissioner Jim Long approved a North Carolina Rate Bureau filing for a 4.4 percent decrease in the voluntary market and a …

Brooke Corp.’s Prospective Buyers Say ‘No’ to Deal

Company Declares Bankruptcy Kansas-based Brooke Corp. has laid off most of its staff after prospective buyers withdrew an offer to purchase the financial services holding company. The Overland Park-based company and Brooke Capital Corp. filed for Chapter 11 bankruptcy protection …

Brooke Corp. Troubles Continue as Stock is Sold

Kansas Franchise Group Faces Lawsuits in Multiple States Amid the flurry of lawsuits leveled by franchisees, now an Illinois company connected to a bank involved in the lawsuit of the parent company of Brooke Corp. has taken control of 44.3 …

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. Employer Stop Loss Market Detail: Markel Insurance Co. provides customized stop loss solutions for sponsors …

Group Rates States on Consumer Insurance Information on Web

A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with only six states doing an excellent job. State insurance department websites in 6 states were found to be “excellent” in …

New Colorado Car Insurance Law Drives Consumer Education

Starting this month, the mail and inboxes of Colorado drivers will begin filling up with notices from their car insurance companies informing customers of a new “opt-out” requirement due to a new Colorado Law that takes effect January 1, 2009. …

Brooke Corp. Troubles Continue as Stock is Sold

Kansas Franchise Group Faces Lawsuits in Multiple States Amid the flurry of lawsuits leveled by franchisees, now an Illinois company connected to a bank involved in the lawsuit of the parent company of Brooke Corp. has taken control of 44.3 …

Pete Garvey, current president of Integro Ltd., assumed the additional responsibility of CEO for the insurance broker, succeeding Roger Egan, who has left the company. Garvey has served as president of Integro since 2005. He was among the original founders …

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. Eliminate Forced Placed Coverage Market Detail: John-Galt (SafetyNet) introduces a new insurance product eliminating force-placed …

IMA of Colorado Appoints Harvath Commercial Lines Division Manager

IMA of Colorado Inc. has announced that Sandy Harvath has been promoted to Commercial Lines Division manager. Harvath has been with IMA since 2003, most recently serving as an account executive for IMA’s Construction Division. She has more than 20 …