Content Tagged As insurance

1 year 2 months ago

Find out how you can save on car insurance

More drivers are opting to save money by handing over their privacy. The Detroit Bureau reports an increasing interest in "usage-based insurance." That's where your insurance company tracks your driving habits through a device which relays information on how you drive. If you qualify for a discount, it could...

1 year 3 months ago

Lightning insurance claims rise in the summer

Summer is peak season for lightning-related deaths and injuries, and lightning strikes cost nearly a billion dollars in insured losses last year, according to the Insurance Information Institute. The number of claims has dropped over the years, which may be due to an increased use of lightning protection systems,...

1 year 4 months ago

Guide to help homeowners list their stuff

COLORADO SPRINGS - Many survivors of the Black Forest fire who lost their homes now face the challenge of trying to remember everything that was inside. To make the process of filling out insurance claims easier, the Rocky Mountain Association of Independent Public Adjusters has put together this 35 page...

3 years 4 months ago

State insurance commissioner named

DENVER (AP) - State Rep. Jim Riesberg of Greeley has been named Colorado's new insurance commissioner. Gov. John Hickenlooper said Monday that the Democratic lawmaker will start work July 1. He will replace John Postolowski, who was appointed as interim commissioner in December. Postolowski will return to his position as...

4 years 1 month ago

Wildfire evacuation checklist

The devastating Fourmile Canyon Wildfire in Boulder County has many residents in fire-prone area on edge, and thinking about how to protect themselves. The Rocky Mountain Insurance Information Association has offered a list of what to take along if you are evacuated ahead of a wildfire. This is a...

4 years 1 month ago

Colorado Springs on list of safest drivers

Anyone who's nearly been run-down by insane drivers on Academy or Powers may dispute this--but Allstate Insurance ranks Colorado Springs as the fourth-safest driving city with the average driver involved in a collision every 12.5 years. The list was released Thursday of the country's 200 largest cities based on...

4 years 2 months ago

Colorado reaches agreement on worker's comp

The Colorado Division of Insurance has canceled a hearing with the state chartered worker's compensation company after reaching a settlement on rates. The Colorado Division of Insurance said Monday that Pinnacol Assurance has reached a tentative agreement on the state's four key concerns about rates. Pinnacol's board of directors...

4 years 4 months ago

Hail damage last week estimated at $70 million

The Rocky Mountain Insurance Information Association reports $70 million in damage from a hail and windstorm that hit Colorado last week. So far, approximately 13,600 auto and homeowners insurance claims filed. The storm included baseball-sized hail and high winds that damaged homes and cars around Brighton, Commerce City and...

4 years 5 months ago

Insurers bracing for Colorado storm claims

Colorado residents and insurance companies are just starting to assess the damage from Wednesday's blast of tornados and thunderstorms, but the bill likely will be big. Carole Walker of the Rocky Mountain Insurance Information Association said Thursday that the larger insurance companies expect the damages to run into the...

4 years 5 months ago

Lawmakers agree to extend unemployment benefits

Lawmakers have agreed on legislation to extend expanded unemployment benefits for the long-term unemployed through the end of the year. Laid off workers would also continue to get subsidies to buy health insurance through the COBRA program. House and Senate leaders announced the deal Thursday morning on a bill...

4 years 6 months ago

Colorado unemployment insurance tax rate hikes ahead

The Colorado Department of Labor and Employment says Colorado employers that laid off workers during the recession face hikes in their first-quarter unemployment-insurance taxes, but the half that didn't cut workers are seeing rates stay flat or decline. The department estimates the average rate or premium that employers will pay...

4 years 7 months ago

How will health care reform impact hospitals?

Today I'm working on a story about how the new federal health care legislation will impact hospitals. In 2014, a mandate will kick in, requiring every American be insured. Right now, hospitals spend millions of dollars a year treating people who don't have insurance. For example, St. Mary-Corwin Medical Center...

4 years 7 months ago

Anthem Blue Cross sued over price hikes

A group suing Anthem Blue Cross claims California's largest for-profit health insurer is manipulating coverage and forcing patients into policies with higher deductibles but fewer benefits. Consumer Watchdog filed the lawsuit Monday in Ventura County Superior Court. It accuses Anthem of violating a state law requiring health insurers to...

4 years 8 months ago

Worker's comp company offers $200M to Colorado

Colorado's state-chartered worker compensation insurer has offered the state $200 million for greater autonomy. In exchange, Pinnacol Assurance would remain the state's workers' compensation insurer of last resort and keep its tax-exempt status. The company assets have been valued at $2 billion. Any deal would need legislative approval. Sen. Lois...

4 years 9 months ago

New jobless claims last week: 432,000

The number of newly laid-off workers filing claims for unemployment benefits dropped unexpectedly last week, a sign the job market is healing as the economy slowly recovers. The Labor Department says that new claims for unemployment insurance fell by 22,000 to a seasonally adjusted 432,000, the lowest since July 2008....

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