Colorado Division of Insurance

NAIC Members Approve Model Bulletin on Use of AI by Insurers

Retrieved on: 
Tuesday, December 5, 2023
Colorado Division of Insurance, Risk management, Risk, Language, Artificial intelligence, California Department of Insurance, National Association, NAIC, Documentation, Committee, Paradigms of AI Programming, 2023 Louisiana elections, Artificial Intelligence System, AI, NIST, Use, Commissioner, Medical device, Insurance

The bulletin reflects the work of the NAIC Innovation, Cybersecurity, and Technology (H) Committee, chaired by Maryland Insurance Commissioner Kathleen A. Birrane.

Key Points: 
  • The bulletin reflects the work of the NAIC Innovation, Cybersecurity, and Technology (H) Committee, chaired by Maryland Insurance Commissioner Kathleen A. Birrane.
  • While not a model law or regulation, the AI model bulletin serves as a guiding document, fostering uniformity among state insurance regulators regarding expectations for insurance carriers deploying AI.
  • The bulletin comprises four key sections, each addressing crucial aspects of AI usage by insurers.
  • The completion and adoption of the model bulletin mark a significant step forward in adapting regulatory frameworks to the evolving landscape of AI in the insurance industry.

GMA Consulting Bolsters Practice via Appointment of Two New Associate Partners, Dan Hartman & Pat Eichner

Retrieved on: 
Wednesday, September 6, 2023
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LAS VEGAS, Sept. 6, 2023 /PRNewswire/ -- GMA Consulting ("GMA") is proud to announce the appointment of two new Associate Partners: Dan Hartman, Colorado's senior-most gaming regulator and executive for the last 31 years, and Pat Eichner, a burgeoning communications leader who most recently helped launch PointsBet in both the United States and Canada.  Hartman will be responsible for developing GMA's Regulatory & Government Affairs business unit while also contributing his talents to other specializations within the firm.  Eichner will oversee communications efforts to highlight GMA Consulting's current client portfolio and will help the company develop its Strategic Communications vertical.  

Key Points: 
  • Hartman will be responsible for developing GMA's Regulatory & Government Affairs business unit while also contributing his talents to other specializations within the firm.
  • Eichner will oversee communications efforts to highlight GMA Consulting's current client portfolio and will help the company develop its Strategic Communications vertical.
  • "To be able to use that knowledge and lead GMA Consulting into the Strategic Communications field is an incredibly exciting leap.
  • Please reach out to GMA Consulting at [email protected] for more information or to schedule a call with Dan, Pat, or any of the firm's Founding Partners.

Greenberg Traurig Adds Robert C. Ross, Former Chief Legal Counsel to Massachusetts Governor

Retrieved on: 
Monday, March 6, 2023
Legislation, United States House Committee on Ways and Means, Committee, Senate, College, Law, State government, Northwestern University Pritzker School of Law, State, Division, Administration, Pritzker School, Business, Government, Colorado Division of Insurance, Executive Office for Immigration Review, COVID-19, LLP, Greenberg Traurig, Commonwealth, Accounting, Insurance

BOSTON, March 6, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP added Robert C. Ross, former chief legal counsel to Massachusetts Governor Charlie Baker, to its Boston Government Law & Policy Practice as of counsel. In this role, Ross will focus on guiding clients with a wide range of complex regulatory, governance, and transactional matters.

Key Points: 
  • Global law firm Greenberg Traurig, LLP added Robert C. Ross, former chief legal counsel to Massachusetts Governor Charlie Baker, to its Boston Government Law & Policy Practice as of counsel.
  • BOSTON, March 6, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP added Robert C. Ross , former chief legal counsel to Massachusetts Governor Charlie Baker, to its Boston Government Law & Policy Practice as of counsel.
  • He has held numerous state government roles in the Commonwealth of Massachusetts, most recently serving as chief legal counsel for former Governor Baker, whose term ended in January.
  • As the governor's chief legal counsel, Ross oversaw a team of in-house attorneys and advised the governor's office and state agencies on many issues, including the Commonwealth's COVID-19 pandemic response.

ShoreOne Announces Entry Into Massachusetts With a Comprehensive Policy That Combines Homeowners and Full Flood Insurance for Coastal Properties

Retrieved on: 
Tuesday, February 14, 2023
Residential Building & Real Estate, Construction & Property, Professional Services, Insurance, Growth, Greater Boston, Colorado Division of Insurance, Hurricane Bob, Division, Policy

ShoreOne Insurance Managers, Inc. is launching its admitted, residential homeowners policy with full flood insurance protection in Massachusetts.

Key Points: 
  • ShoreOne Insurance Managers, Inc. is launching its admitted, residential homeowners policy with full flood insurance protection in Massachusetts.
  • Previously, homeowners with coastal properties had to purchase separate policies and pay separate deductibles.
  • Nick Steffey, ShoreOne Chief Executive Officer said, “We’ve been very pleased by the support from the Division of Insurance in Massachusetts.
  • We are pleased to see ShoreOne enter Massachusetts and as a leading coastal agency in this area, we support continued growth in the private flood market.”

NAIC Names Its 2023 Committee Leadership

Retrieved on: 
Wednesday, January 18, 2023
Colorado Division of Insurance, Consumer protection, Labour, Commerce, Pennsylvania Insurance Department, Name, Washington State Office of the Insurance Commissioner, Missouri Department of Social Services, Colorado Department of Regulatory Agencies, Division, National Association of Insurance Commissioners, Chair, Regulatory Agencies, NAIC, National Association, Regulation, Insurance commissioner, Minnesota Department of Commerce, Conduct of Employment Agencies and Employment Businesses Regulations 2003, South Dakota Department of Game, Fish, and Parks, South Carolina Department of Natural Resources, Management, Private investigator, Financial services, Insurance

KANSAS CITY, Mo., Jan. 18, 2023 /PRNewswire/ -- The National Association of Insurance Commissioners (NAIC) has named its 2023 committee chairs and vice chairs.

Key Points: 
  • KANSAS CITY, Mo., Jan. 18, 2023 /PRNewswire/ -- The National Association of Insurance Commissioners (NAIC) has named its 2023 committee chairs and vice chairs.
  • The NAIC also assigned members to its standing committees and named its 2023 task force chairs and vice chairs based on requirements established by the NAIC Bylaws .
  • "I look forward to seeing the work that the eight standing committees will produce and the lasting impact their work has on state-based regulation and the industry overall."
  • The 2023 NAIC committee leadership assignments are as follows.

NEXT Insurance Appoints Insurance Veteran Jennifer Lawrence as First General Counsel

Retrieved on: 
Wednesday, March 9, 2022
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PALO ALTO, Calif., March 9, 2022 /PRNewswire/ -- NEXT Insurance , a leading digital insurtech company transforming small business insurance, today announced the appointment of Jennifer Lawrence as the company's first General Counsel.

Key Points: 
  • PALO ALTO, Calif., March 9, 2022 /PRNewswire/ -- NEXT Insurance , a leading digital insurtech company transforming small business insurance, today announced the appointment of Jennifer Lawrence as the company's first General Counsel.
  • Before Noblr, she was General Counsel for the PURE Group of Insurance Companies, and also OneBeacon Insurance Group, where she helped guide the company through its IPO.
  • "Jennifer is passionate about creating a stronger relationship between the customer and their insurance company in order to help entrepreneurs thrive , " said Guy Goldstein, CEO and co-founder of NEXT.
  • Lawrence has served on several Boards of Directors in the financial services industry including property casualty insurance companies.

Experts Prepared to Assist Colorado Residents With Logistics, Recovery from Wildfire Impacts

Retrieved on: 
Friday, January 21, 2022
Children, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Professional Services, Philanthropy, Small Business, Other Philanthropy, Family, Insurance, Consumer, Â, Policy, Smoke, Government, Colorado Division of Insurance, Marshall, Fatality, Heart, Wildfire, Family, Public adjuster, Interview, Insurance, Risk management, Insurance

Experts from SunPoint Public Adjusters Inc. are helping local residents, business and property owners meet the challenges of dealing with insurance companies in preparing and proving their claims so they can achieve the optimal recovery in a timely manner.

Key Points: 
  • Experts from SunPoint Public Adjusters Inc. are helping local residents, business and property owners meet the challenges of dealing with insurance companies in preparing and proving their claims so they can achieve the optimal recovery in a timely manner.
  • Insurance companies are not working solely with the interest of those they insure in mind they are working to protect their bottom line as well.
  • Our efforts always result in a much higher recovery because we know what is needed to get the claim resolved properly.
  • The company is licensed by the state of Colorado to represent policyholders' interests after a disaster.

NAIC 2022 Committee Leadership in Place

Retrieved on: 
Wednesday, January 19, 2022
Commerce, H Committee of Human Vindication, National Association, Conduct of Employment Agencies and Employment Businesses Regulations 2003, Technology, State, Name, Insurance, Division, Economic development, National Association of Insurance Commissioners, Superintendent, Ohio Department of Insurance, Commissioner, Industry, Colorado Division of Insurance, Community, Alaska Department of Commerce, Community and Economic Development, Association, Multimedia, NAIC, Consumer protection, Alaska Department of Fish and Game, Pennsylvania Department of Community and Economic Development, Management

WASHINGTON, Jan. 19, 2022 /PRNewswire/ -- The National Association of Insurance Commissioners (NAIC) has named its 2022 committee chairs and vice chairs.

Key Points: 
  • WASHINGTON, Jan. 19, 2022 /PRNewswire/ -- The National Association of Insurance Commissioners (NAIC) has named its 2022 committee chairs and vice chairs.
  • The Association also assigned members to the organization's standing committees, as well as announced the names of its 2022 task force chairs and vice chairs.
  • The insurance industry is constantly evolving, and this year we named a chair and co-vice chairs for the NAIC's H Committee, a committee that will focus oninnovation, cybersecurity and technology," said NAIC President and Idaho Insurance Director, Dean L. Cameron.
  • "I look forward to working with my talented colleagues as we advance the work of the NAIC."

Golden Empire Mortgage, Inc. (GEM) Announces the Return of Top Producer Manuel Corral in the New Role of Senior Vice President of Loan Production

Retrieved on: 
Thursday, January 6, 2022
Family, Consumer, Innovation, Scottish people, Colorado Division of Insurance, Topical steroid withdrawal, Real estate, Corporate services, National Association, Mortgage Bankers Association, GEM, Arizona Department, Division, Consumer service, Department, Senior, Texas Department of Insurance, Financial institution, Washington State Department of Financial Institutions, California Department of Financial Protection and Innovation, GLOBE, Financial regulation, NMLS, Pen (enclosure)

"Upon his return, Manuel will take on a new role within the company.

Key Points: 
  • "Upon his return, Manuel will take on a new role within the company.
  • As Senior Vice President of Loan Production, he will help lead GEM's success as we move forward into the next chapter in building business and expanding our brand," said GEM President Joe Ewens .
  • This opportunity will allow Corral to leverage his 30 years of expertise in the mortgage industry to grow, train, and mentor GEM branches and loan officers.
  • His dedication to serving first-time home buyers, move-up buyers, and real estate investors will positively impact GEM's sales force.

Trinity HealthShare Resolves Dispute with Colorado Division of Insurance

Retrieved on: 
Wednesday, January 22, 2020
General Health, Health, Professional services, Philanthropy, Insurance, Colorado Division of Insurance, Insurance in the United States

The Colorado Division of Insurance has entered a final agency order reflecting the stipulation between Trinity HealthShare and the division to resolve the allegations made against Trinity in an August 2019 ex parte cease and desist order.

Key Points: 
  • The Colorado Division of Insurance has entered a final agency order reflecting the stipulation between Trinity HealthShare and the division to resolve the allegations made against Trinity in an August 2019 ex parte cease and desist order.
  • As a result of the order, Trinity will not accept contributions from Colorado residents and process sharing requests from its Colorado members for any services rendered after January 31, 2020.
  • Trinity will, however, continue to process sharing requests from Colorado members for services rendered through January 31, 2020.
  • Trinity was prepared to defend its compliance with Colorado law, but once the ministry requested a hearing to do so, the Division of Insurance offered to discuss a settlement.