For Jake Durfee, hail can be perfectly sized — about an inch and a half in diameter, similar to a golf ball. “Any smaller, if it does damage, people usually don’t care too much,” said Durfee, owner of Certified Hail and Dent, INC. “Any bigger and it could total the car.” Durfee said this summer […]
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It’s been nearly four years since an unknown source sparked one of the costliest wildfires in Colorado history. Waldo Canyon fire insurance claims totaled more than $350 million — almost $1 million for every home lost. That fire’s infelicitous record would stand less than a year, when insurance claims on the Black Forest fire climbed […]
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When it comes to individual and small group health insurance, consumers are shopping around. That can mean more volatility for insurance companies, but better choices for consumers. It’s all due to the Affordable Care Act, where individual coverage is often not dependent on employer-provided plans, coupled with prohibitions about denying coverage based on pre-existing conditions […]
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Colorado is on the cutting edge of the insurance world as we continue to push the boundaries in the medical marijuana arena. The advent of recreational marijuana has changed the insurance landscape dramatically. Small medical dispensaries are being replaced by larger operations that require more complex insurance needs. What was once a simple insurance policy […]
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While considering any type of insurance, weighing risks is a large part of determining which policies to pursue. For health insurance, one would consider overall health and age as risk factors. The healthier and younger one is, typically the less likely an expensive policy is needed. Prior to obtaining auto insurance, a consumer would consider […]
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Last year, vital information from 76 million households and 7 million small businesses was hacked from JPMorgan & Chase, the North Koreans allegedly breached Sony Pictures, and reported cyber attacks against Target, Neiman Marcus, Coca Cola, Home Depot and other companies cost banks an estimated $1 billion in damages. In fact, the number of international cyber […]
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AssuredPartners Inc., through its subsidiary AssuredPartners of Colorado, has acquired The Wright Group Services. The agency specializes in employee benefits, property and casualty insurance and retirement services. Operations are based in Denver, with additional locations in Eagle and Colorado Springs. The agency will continue to operate under The Wright Group Services name and the local […]
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Rocky Mountain insurance provider Moody Insurance announced the opening of its new Briargate-area office, led by industry veterans Cheryl Harding and Erin Clay. The new office is located at 1880 Office Club Pointe in Colorado Springs. Both Harding and Clay are nationally recognized experts in the employee benefits field and specifically in the Colorado Springs market, working […]
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Thousands of Colorado homeowners and drivers have spent the past few weeks meeting with  insurance adjusters, along with car repair shops and roofing contractors getting “the fix” on Mother Nature’s latest round of damaging hail, wind and flooding. The series of May storms have caused an estimated $109.3 million in insured losses resulting from 28,442 […]
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Protections are available for local consumers in wake of floods, fires One draw of Colorado living, some would say, is the endless variety. The suburbs, the city, the country, the mountains and the plains; living here means there’s something for nearly everybody. But living in Colorado also means preparing for challenges as unique as the […]
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Kaiser Permanente Colorado plans to expand services and health plan offerings in Southern Colorado. In the next few years, Kaiser Permanente will begin offering specialty services at its medical offices in Southern Colorado, while also opening its Briargate Medical Offices to all ages, instead of the current 55 and older age restriction. In addition, the […]
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Judge Harlan Bockman’s decision regarding the city’s dispute with the Colorado Public Employees Retirement Association (PERA) couldn’t be worse news for the city. The facts of the case are simple. When the city leased Memorial Health Systems to the University of Colorado Health in 2012, it received a payment of $259 million to cover potential […]
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