Manitou chamber reorganizes, Miller out
The Manitou Springs Chamber of Commerce is reorganizing its staff and has laid off COO Roger Miller, effective immediately. Miller’s ouster was announced Friday afternoon by the iManitou board of directors. The down economy, which was further impacted by the Waldo Canyon fire, has left the board struggling financially. Former Manitou Springs Mayor Marcy Morrison [...]
Marcy Morrison, commissioner of the Division of Insurance, will retire at the end of November. Gov.-elect John Hickenlooper will appoint her replacement as part of his transition plans for 2011. But Morrison doesn’t plan to wait. “Typically, December and January are a slow time of year,” she said. “And insurance companies are going to want [...]
Continue reading …Health premiums continue to rise, but the Divison of Insurance says reform measures have very little to do with those increases. Marcy Morrison, commissioner of insurance, said she decided to set the record straight to address rumors that premium increases were due to federal health care reform legislation. “It’s a hot issue for many people, [...]
Continue reading …Remember Granny, the character in the “Sylvester and Tweety” Looney Tunes cartoons?
Continue reading …The Colorado Division of Insurance enacted emergency regulation today to keep child-only individual insurance policies in effect. The new regulation requires insurance carriers that offer the child-only policies to provide two open enrollment periods, a move designed to keep carriers in the market, as well as ease fears that parents will enroll children only after [...]
Continue reading …IDS Property Casualty Insurance Co. has been fined $71,100 by the Colorado Division of Insurance for practices that violate state law. The division discovered that the company, better known as Ameriprise Auto and Home Insurance Co.) was engaging in a practice known as, “steering,” or illegally pushing business to certain repair shops using rebates or [...]
Continue reading …Coloradoans who used American Underwriters Insurance will receive more than $875,000 in refunds from the Kansas-based insurance company. The Colorado Division of Insurance found that company used inaccurate rates and overcharged Colorado clients. The inaccuracies were discovered during a yearlong review of every insurance company offering credit insurance products in Colorado, an effort to ensure [...]
Continue reading …Fewer small employers provided health benefits to their employees in 2009, according to a report released by the Colorado Division of Insurance.. “Small employers play a key role in Colorado’s overall insurance market and this year’s report digs deeper into the data,” said Insurance Commissioner Marcy Morrison. “With health premiums continuing to rise for many [...]
Continue reading …United Healthcare Co’s slapped with fines for coverage lapses, other violations
October 6, 2009 Comments OffThe Colorado Division of Insurance levied two fines against insurance companies that operate in Colorado. United Healthcare of Colorado received a $211,000 fine and United Healthcare Insurance Company received a $246,000 fine. Commissioner Marcy Morrison said that conduct examinations for calendar year 2007 found that the companies had provided incomplete information in certificates of creditable coverage, [...]
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