Colorado News

Wildfires Bring Demand for Private Firefighters

Seated behind the wheel of a fire engine, Dave Breglia follows a map dotted with expensive homes threatened by wildfires. His job: protect high-end real estate and save an insurance company millions of dollars. “I never know where I’ll go …

N.H. Modifies Producer, Adjuster Licensing Law, Fees

New Hampshire officials announced changes in licensing fees for insurance producers and adjusters that include a single $210 application and license fee for initial producer licensing replacing what used to be two separate fees. The producer licensing renewal fee remains …

State Farm’s Rutrough Named Chairman of Junior Achievement USA

James E. Rutrough, vice chairman and chief administrative officer of State Farm Mutual Automobile Insurance Company, based in Bloomington, Ill., has been named the chairman of Junior Achievement USA headquartered in Colorado Springs, Colo. Rutrough has been on Junior Achievement’s …

Blogs Can Get Insurance Clients ‘SLAPP’ed!

A Dade County, Florida real estate developer in January 2008 filed a $25 million lawsuit against a real estate blogger alleging, among other charges, defamation of character based on the blogger’s opinion published solely on his blog (MiamiCondoInvestments). Hollo v. …

Colo., Texas Lead the Top 10 Most Tornado Prone Areas

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 …

Nebraska Beef Ltd Now Recalling 5.3 Million Pounds of Beef

Nebraska Beef Ltd. is expanding a recall announced on July 1 to include all 5.3 million pounds of meat it produced for ground beef between May 16 and June 26. Federal investigators have linked Nebraska Beef’s products to an outbreak …

Business Moves

Wells Fargo, Insurance Industry Charitable Foundation The Insurance Industry Charitable Foundation launched a new Western Division. Wells Fargo Insurance Services will serve as the founder of the new division. The Western Division will involve: Arizona, California, Colorado, Idaho, Montana, Nevada, …

When is a Collapse a Collapse?

Navigating the Field of Conflicting Views Consider the following scenario: An earthquake, tornado, flood or similar natural catastrophe causes significant structural damage to an insured’s home. Although the building is still standing, the structural engineers conclude that the structural integrity …

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. International Energy Package Market Detail: MarketScout provides a market for clients needing coverage for foreign …

Unitrin Specialty & Red Shield Insurance Company Form Marketing Venture

July 3 2008 – Unitrin Specialty and Red Shield Insurance Company announced today that the two companies have formed a marketing relationship that will benefit both company’s appointed agents in Oregon and Washington. Unitrin Specialty offers commercial auto coverage and …