Colorado News

Hurricane Forecasts Have Limited Value for Planners, Insurers

They May Help the Public Think About Upcoming Storms But Forecasts Have Been Largely Misused by National Media, Says One Expert Each April, weather wizard William Gray emerges from his burrow deep in the Rocky Mountains to offer his forecast …

Hurricane Forecasts Have Limited Value

They May Help the Public Think About Upcoming Storms But Forecasts Have Been Largely Misused by National Media, Says One Expert Each April, weather wizard William Gray emerges from his burrow deep in the Rocky Mountains to offer his forecast …

Weather Is a Big Deal in South Central States

Well before the June 1 start of hurricane season claims costs from weather related damages were on a steady climb across the South Central states of Arkansas, Oklahoma, Texas and Louisiana. Late May, early June hailstorms in central Oklahoma likely …

Insurers: Don’t Have to Cover Colorado Organic Dairy in Suit

Four insurers have asked a judge to declare they do not have to pay to defend or indemnify Aurora Organic Dairy against a lawsuit challenging claims about the dairy’s milk. The lawsuit in question alleges the dairy’s milk doesn’t meet …

People

Golden Eagle Insurance, a Liberty Mutual Agency Markets regional company, appointed Pete McPartland president and CEO. McPartland comes from General Casualty in Sun Prairie, Wis., where he led insurance operations for QBE Regional Insurance as chief operating officer. He succeeds …

Firefighters in California Struggling to Get Upper Hand on Fire

High wind on Saturday, June 13, 2008, continued to stoke fires across Northern California that had destroyed dozens of homes and forced thousands of residents to flee. At least 66 homes had been destroyed with 17 others damaged in the …

Business Moves

Lockton, Schwander Insurance Services The Denver office of Lockton Companies LLC, a privately held insurance broker, acquired Schwander Insurance Services of Centennial, Colo. Schwander CEO and President Michael Schwander will become executive vice president at Lockton Denver. He and his …

Best Affirms Berkshire Hathaway’s Homestate ‘A++’ Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of the Berkshire Hathaway Homestate Companies and its six P/C group members. These include: Brookwood Insurance Company (Coralville, IA), Cornhusker …

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. Custom Home Builders Market Detail: Lemac & Associates, a division of Risk Placement Services Inc. …

Hurricane Forecasts Have Limited Value

They May Help the Public Think About Upcoming Storms But Forecasts Have Been Largely Misused by National Media, Says One Expert Each April, weather wizard William Gray emerges from his burrow deep in the Rocky Mountains to offer his forecast …