Category: Denver Insurance Blog

Contractors that are taking on projects to keep busy during the economic downturn are moving into unfamiliar areas that are fraught with new risks, experts say. “With limited amounts of work, contractors have been forced to change up their operations,” said William Sullivan, Hartford, Conn.-based vp of Hartford Financial Services Group Inc.’s construction group. “So […]

Breckenridge Insurance Services, a Breckenridge IS Inc. company, has acquired the assets of International Placement Services LC, a wholesale insurance brokerage firm founded by Richard J. Eichhorn in 1981. IPSICO’s expertise is in hard-to-place standard and excess/surplus lines risk. Breckenridge IS, Inc. is a specialty insurance underwriting manager, program administrator, managing general agent, wholesale broker […]

This is sent to me by the website mentioned in the article. The surest ways the premiums on your auto insurance can go high If you want to choose the lowest insurance rates, there are a lot of ways to purchase an affordable auto insurance policy. You can prove that you drive your car very […]

Columbus, Ohio-based Nationwide Insurance has reported that consolidated net operating income through September 30 was up 39 percent to $975 million. That is compared to $702 million in the first three quarters of 2009. The increase was due to lower property and casualty claims and continued asset growth in financial service lines of business, the […]

People in the industry are always telling me that a BOP is an “ALS” policy or that Loss of Use provided on a Homeowners Policy is “ALS”. When I ask what they mean they typically say that means there is NO limit to what the insured can recover for a loss. It is, in essence, […]

The insured built their commercial office building twenty years ago around an open atrium with beautiful landscaping, including trees, for the occupants to look out of their windows and admire. Nobody really paid attention to what was happening under the ground with the drainage system until one extremely rainy weekend when rainwater starting backing up […]

Two doctors are playing golf on Long Island. One hits such a poor shot from the rough that it hits his partner, standing somewhere off to the side, in the head. Whose fault is that? New York’s top court will hear arguments Tuesday about whether Dr. Anoop Kapoor was negligent and should have yelled, “Fore!” […]

1) Allied World Assurance Company AVP, Lead Underwriter Long Term Care Farmington, CT (Other locations considered) As of November 8, 2010 Description: Underwrite new long term care liability insurance business nationally. Product Development skills: Ability to develop and manage underwriting guidelines in addition to improving underwriting process; Ability to understand coverage’s and contributes to policy […]

n our increasingly computer-dependent society, many businesses are powered by their ingenuity and development of new and useful concepts and ideas. It is often intellectual property – not physical assets – that are the lifeblood of companies. Many of these companies spend a substantial amount of their revenue on research and development of intellectual property […]

The article characterized the Business Income as being a distinct advantage of the BOP over the traditional handling of business income on a Commercial Property Policy. While the BOP has streamlined the coverage, there are also inherent shortcomings of the coverage. One of those shortcomings is how the BOP treats ordinary payroll. On a Business […]