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Unformatted text preview: their
participation in that market segment.
Companies in all sectors have chosen to let property sit idle as they believe this eliminates the
need to carry coverage on these autos, trucks,
and equipment not required for service. Several
severe uninsured theft or physical damage losses
have occurred as stored equipment is still subject
to all the standard perils. Additionally, companies
have many times chosen to reduce policy limits in
order to save premiums. Underinsured claims have
dramatically increased over the last several years as
Workers’ compensation premiums are on the rise
according to a recent study released by the Colorado Division of Insurance. Pinnacol Assurance
continues to dominate the market for companies
with limited or no employees working outside the
state of Colorado. The relatively new doctrine of
health risk management continues to gain steam as
employer commitment to creating a healthier and
more productive workforce expands throughout
Agents and brokers have also experienced c...
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- Spring '13
- The Lottery