Colorado News

A Winning Culture

Lots of companies claim to have a great working environment, but when a company backs up its claim with awards, who can deny it? Insurance Journal Top 100 Agency Profile The IMA Financial Group Inc. RANKING: No. 12 Headquarters: Denver, …

Ballinger Keeps the Beat at the Surplus Lines Stamping Office of Texas

SLSOT Celebrates its 20th Anniversary This Year Phil Ballinger, executive director of the Surplus Lines Stamping Office of Texas, knows a lot about rhythm. He was a drummer with the Van Wilks Band long before he joined SLOT, and while …

Coloradans Spent $26 Billion in Insurance Premiums in 2007

Where do Coloradans spend their insurance dollars? During 2007, Colorado citizens paid over 26 billion dollars in premium to approximately 1,306 companies, with 27 companies accounting for more than 50 percent of that total, according to the Colorado Insurance Industry …

Farmers Alliance Companies Selects PipelineClaims 3.0 as Part of a Technology Modernization Initiative

New Web-Based System Customizes and Consolidates Claims Processing Environment Honolulu, HI – August 26, 2008 — BlueWave Technology™, Inc., a provider of property and casualty insurance solutions, today announced that the Farmers Alliance Companies (FAMI) have selected BlueWave Technology’s PipelineClaims® …

Colorado Division of Insurance Recovers $7 Million for Insurance

The Department of Regulatory Agencies, Colorado Division of Insurance reported that it has recovered $7 million for consumers in the first half of 2008. The total represents premium savings and recovered benefits to consumers including: •$4.7 million from insurers following …

Cherry Creek Insurance Agency Acquires Montana’s Hanes Hathaway

Denver-based Cherry Creek Insurance has acquired Montana-based Hanes Hathaway Inc., a specialty agency that focuses on coverage and risk exposures for technology related firms.As part of the acquisition, Cherry Creek will add a range of middle-market technology clients, along with …

America’s Safest Drivers Travel the Roads in America’s Heartland

Residents in Sioux Falls, S.D., continued to top the chart as the safest drivers in the U.S., according to the fourth annual Allstate America’s Best Drivers Report. The average driver in Sioux Falls experiences an auto collision every 14.6 years. …

State Ranking In Number of Events

F5 Tornado damage in Parkersburg, Iowa, May 25, 2008. Tornado damage, Windsor, Colo. Prior to 1990, the average number of tornadoes per year in the Continental US was 772. In the period from 1990 through 2007, the average was 1,215. …

5 Florida Regions Among Top 10 Tornado-Prone

The rural area to the northeast of Denver, Colo., tops the nation when it comes to regions most prone to tornados, according to Boston-based CDS Business Mapping LLC, an online hazard mapping firm. The top 10 most tornado prone metro-areas …

Figures

35 The number of compensable fatalities the Oregon Department of Consumer and Business Services’ Workers’ Compensation Division received notification of in 2007 – the third-lowest number reported since the state began tracking the statistic in 1943. According to DCBS’ statistics, …