Posts tagged Insurance

• The Fair Act – How Does It Effect Colorado Consumers?

  Kyle Bachus | June 12, 2008 4:00 AM | 0 CommentsDenver, CO Category: Miscellaneous
  

  "Fair Accountable Insurance Rates Act" also known as the FAIR Act, claims to provide easy access to health and automobile insurance coverage for all Coloradans and create new reporting requirements...

• The Fair Act - Is this Colorado's Version of the Sarbanes Oxley Act for Health and Auto Insurers?

  Kyle Bachus | June 10, 2008 5:35 PM | 0 CommentsDenver, CO Category: Miscellaneous
  

  A new Colorado regulation is hanging over the heads of Health and Automobile Insurers-and we call it the "Fair Accountable Insurance Rates Act," also known as the FAIR Act. This new Act claims...

• Insurance Companies Profited on Hurricane Katrina

  Linda Snyder | November 19, 2007 3:46 PM | 0 CommentsDenver, CO Category: Miscellaneous
  

  The American Association for Justice recently released a report on insurance companies and the analysis of how they handled Hurricane Katrina. It's been over two years since the catastrophic Hurricane Katrina hit the Gulf Coast. Hurricane Katrina caused more than $135 billion in damages and left many people homeless and unemployed while insurance companies collected more than $40 billion the...

• State Farm Strikes Again

  April Armani | June 11, 2007 6:05 PM | 0 CommentsDenver, CO Category: Miscellaneous
  

  As if the horrors of Katrina weren't enough, imagine how Mississippi insureds feel.This blogger has mentioned time and time again the horrors inflicted upon State Farm insureds in the aftermath of Katrina. Unfortunately their ordeal is far from over. Mississippi Attorney General Jim Hood sued State Farm today claiming that the company failed to honor a mass settlement agreement of claims over...

• All State and State Farm in Lott's Crosshairs

  April Armani | May 22, 2007 2:16 PM | 0 CommentsDenver, CO Category: Miscellaneous
  

  Yet another staunch supporter of insurance companies is turning over a new leaf. Sen. Trent Lott (Rep.) from Mississippi a long time supporter of big business is now redirecting his attention and focus back on the same industry he has supported for over 35 years. Why? Because Sen. Lott now knows what it feels like to be mistreated the insurance companies. His own home in Mississippi was...

• MedOps Lately?

  April Armani | May 16, 2007 3:01 PM | 0 CommentsDenver, CO Category: Miscellaneous
  

  Denver's very own Channel 7, through the investigative work of Tom Burke, Laney Vilian and Tony Kovaleki, released a sobering story about Medical Ops Management, a local Denver Company. MedOps is a company which issues medical reports based upon Independent Medical Examinations ("IMEs") performed by doctors. It was just released yesterday that MedOps altered medical reports to benefit the...

• Small Businesses Still Affected By Hurricane Katrina

  April Armani | May 01, 2007 10:15 AM | 0 CommentsDenver, CO Category: Miscellaneous
  

  An interesting article posted today on MSNBC.com details how the insurance companies have failed to help small business owners victimized by Hurricane Katrina. After the horrific storm, the insurance companies denied practically all claims, considering the damage as uncovered flood losses. Amazingly, the insurance companies made a record profit after the storm -- $64 billion in 2006 -- while...

• Couple Wins near $8 Million in Insurance Lawsuit

  Christina Cole | April 09, 2007 2:01 PM | 0 CommentsFort Collins, CO Category: Miscellaneous
  

  A couple will receive almost $8 million from a Menlo Park Insurance Company they sued, after the company had refused to cover the damages to their home caused by a landslide.Pacific Specialty Insurance was found guilty of insurance bad faith and breach of contract. The four week trial was regarding a landslide from five years ago that caused an estimated $500,000 in damages to their home. The...