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US Jobs Report: Insurance Jobs Slip in October

Employment in the U.S. insurance industry continued to drop, slipping by 1,400 jobs in October following adjusted September numbers showing a worse than previously determined loss of 6,000 jobs nationwide. The October employment report released by the U.S. Bureau of Labor Statistics showed a gain of 159,000 private-sector jobs in October, though the unemployment rate […]

American Insurance Group cleans house; posts $2.4B loss for 3Q

Here is an article that deals directly with the stimulus package the Obama administration has developed. This was e-mailed to me this morning from the Associated Press. American International Group Inc., one of the largest recipients of government aid during the financial crisis, reported a $2.4 billion loss due to restructuring charges Friday as the […]

MetLife and American Life Insurance Carriers involved in sale

Mountain Insurance brokers just recieved news that American International Group  closed the deal to sell its foreign unit American Life Insurance Company to MetLife for $16.2 billion in cash and MetLife shares. The MetLife securities will be sold over time, subject to certain lock-up provisions and market conditions, to provide additional funds to repay the […]

Colorado Health Insurance costs expected to rise

There has never been a better time to make the switch over to individual health plan. The following article ( Denver Post) echos that statement. Group Health Insurance is on the rise and insurance carriers new reform plans that are starting to write pre-existing conditions, makes it a great time to look at all options. […]

New Jersey official, insurance broker charged with corruption

This is nothing new in today’s world. You meet a client, possibly get the account or have to “bribe” him into doing business with you. There are even times that clients ask me straight up, “how can I benefit from this.” The answer is simple. Be unethical, law breaking, and unconcious and you have no […]

Colorado Explains how health insurance rates are determined

I found this article and how the state of Colorado determines health insurance rates, quite interesting….Anthem, UHC, Humana, Aetna, Assurant, Kaiser, Rocky Mountain HMO are all in business TO MAKE MONEY!!! The following read will echo that statement. Anytime you purchase health insurance, the insurance company wants to make money. If you are a higher […]

Schools to consider self-insurance for Worker’s Compensation

With the economic crisis Americans are facing, our educational institutions might start self insuring in efforts to save money. Very risky, but high reward as well.. Portage Township Schools will consider moving to self-insurance involving worker’s compensation claims in an effort to save the district money. Director of Finance Sharon Qualkinbush told the board Monday […]

Business, Home, Auto, Worker’s Comp Insurance rates expected to increase

This article was sent to me by one of our reps at Berkely. It looks like Insurance pricing could increase in the coming months.. The head of W.R. Berkley Corp. said he sees an end in sight to the current soft market that’s affecting most of the industry. “I’ve always said to people my expectation […]

Business Insurance – top Colorado Broker

You want to run an efficient business in Denver and that includes choosing the right business insurance to take care of your small business insurance needs. Choose from the top business insurance companies below. Look them up to get business insurance quotes or business liability insurance. Mountain Insurance Brokers takes them time to shop the […]

Colorado Insurance Commissioner recognized

Colorado Insurance Commissioner Marcy Morrison has received the Excellence in Consumer Advocacy award, presented by the National Association of Insurance Commissioners (NAIC) Consumer Representatives, at NAIC’s national meeting in Orlando, Fla. Commissioner Morrison was recognized for her work on behalf of insurance consumers. “Marcy Morrison has been a consistent champion for consumers, both in Colorado […]

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