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More than 1,400 Colorado consumers may be eligible for compensation under a class action settlement reached in Oklahoma. The suit involved Allstate Corporation and American Heritage Life Insurance Company, also known as Allstate Workplace Division. According to settlement documents, more than 226,000 consumers may be affected in all 50 states. In Colorado, the number of… Continue Reading Some Colorado residents could benefit from Allstate settlement

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Coloradans spent $25M on insurance last year

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Coloradans spent more than $25 billion on insurance premiums in 2010, according to the Colorado Division of Insurance. “This report is a guide for consumers and industry representatives, and includes selective financial information and market share data for about 1,400 insurance companies licensed to sell insurance in Colorado,” said Commissioner of Insurance Jim Riesberg. For… Continue Reading Coloradans spent $25M on insurance last year

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A Colorado company offering a hedge against falling home prices aims to enter the Colorado Springs market. EquityLockSolutions, based in Greenwood Village just south of Denver, has introduced a new product to the real estate market – a hedge against falling real estate prices. EquityLock was fast-tracked by ReMax International to make it onto the… Continue Reading Colorado company offers hedge against falling home prices

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College students heading back to classes this month should put insurance on their list of must-haves for the coming school year, the Colorado Commissioner of Insurance said. Students living away from home can experience loss of belongings through fires and thefts, said Jim Riesberg, Colorado Commissioner of Insurance. For example in 2009, there were 14… Continue Reading College students should put insurance on back-to-school checklist

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Hub International Limited, insurance brokerage firm, is moving into the Plaza of the Rockies building in downtown Colorado Springs. The firm expects to open its offices there by Sept. 1, with 15 agents. The company could hire more in upcoming months, said Matt Coleman, Hub Internation president for Colorado. The company is headquartered in Chicago,… Continue Reading Hub International moving into Plaza of the Rockies

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Health insurance costs increased 10 percent in the last year, which makes this the third year of double-digit increases, according to the Mountain States Employers Council. While Colorado Springs saw an average price increase of 10 percent, Northern Colorado’s employers saw increases of 12 percent, up from 10 percent in 2010. The average increase for… Continue Reading Mountains States tallies Springs’ health insurance costs

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A new marketplace for health insurance could be headed to Colorado. Democrats, Republicans and Gov. John Hickenlooper announced an agreement on a so-called health exchange this week. The health exchange was set to be introduced in the Senate with bipartisan support. Health exchanges are insurance marketplaces where customers can comparison shop. Supporters say they pull… Continue Reading Colo. moving ahead with state health exchange

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A bill that could lead to universal health care has cleared its first hurdle in the Colorado Senate, but it has received scant support from local and state health care groups. Senate Bill 168, sponsored by Sen. Irene Aguilar, a Denver Democrat, seeks to create the Colorado Health Care Authority, a group appointed by the… Continue Reading Single-payer health care bill clears committee

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Shawna Kemppainen and Lisa Green want what other couples already have: the chance to take care of each other.

Green has multiple sclerosis and is on several expensive medications. Thanks to domestic partner health benefits at Kemppainen’s work, she’s covered by insurance. The two know they’re fortunate. Continue Reading Same-sex partners struggle for health insurance

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Insurance benefits: How to change the culture

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It’s easy for businesses to offer domestic partner insurance benefits, as long as they follow a few legal — and cultural — steps. Most insurance companies, for example, offer domestic partner benefits. Kaiser Permanente was one of more than 300 companies to be recognized by the Human Rights Campaign for its equality efforts. Communication is… Continue Reading Insurance benefits: How to change the culture

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