Tag Archives: property

Don’t Get Swept Off Your Feet!

While weak tornadoes can be common, the Centennial State experiences an average of 60 tornadoes a year, and there’s no way of predicting when a more destructive super cell will appear…

Posted in Safety | Also tagged , , , Comments Off on Don’t Get Swept Off Your Feet!

Ask the Experts: Hail Coverage

As we all know, hail in Colorado can cause a huge amount of damage. The damage and repairs from hail storms can lead to lost business and service interruptions. In the past five years, we have paid out more than $6 million for losses caused by hail, which includes over $1 million each in 2016 and 2017.

Posted in Coverage | Also tagged , Comments Off on Ask the Experts: Hail Coverage

Are You Ready?

Predicting hazards and their outcomes is the heart of risk management. But even someone with a very sophisticated risk management plan can find themselves with very little notice to prepare for sudden emergencies such as disasters.

Posted in Safety | Also tagged , Comments Off on Are You Ready?

What the Pool’s Top Causes of Loss Mean for You and Your District

The Pool was given a simple but important mission when it was formed: be a safe harbor from the traditional insurance industry and help members prevent damaging losses. Given the diversity of the Pool’s members and its coverage, there is tremendous range in size and type of claim. While some types of claims are unavoidable, loss prevention can help mitigate the vast majority of them.

Posted in Coverage, Loss Prevention, Pool Updates, Risk Management | Also tagged , , , , , , , Comments Off on What the Pool’s Top Causes of Loss Mean for You and Your District

Safeguarding Against Spring Thaw Flooding and Storm Damage

Spring is now officially here, and as the warmer weather settles in to stay, the winter season’s snow can melt rapidly, pushing rivers and streams to the brink and dramatically increasing the risk of flooding.

Posted in Coverage, Loss Prevention, Member Services | Also tagged , , , , , , , , Comments Off on Safeguarding Against Spring Thaw Flooding and Storm Damage

Earthquakes are a Big Fracking Deal

Colorado has recently been experiencing a higher amount of earthquakes than average. These earthquakes are being caused by hydraulic fracturing practices, also known as fracking. Theses earthquakes pose a real danger and could potentially cause considerable damage to your entity’s scheduled property, but your Pool has you covered.

Posted in Coverage, Loss Prevention | Also tagged , , , Comments Off on Earthquakes are a Big Fracking Deal

Preparing for the Next Tornado

There were 33 tornadoes in Colorado in 2012, and April is the peak month for tornado activity. These events can be hit or miss, but the damage that results can be catastrophic. Is your district prepared? Preparedness is key to keeping your district’s property, and more importantly your employees, safe from harm.

Posted in Coverage, Safety | Also tagged , , , , , , Comments Off on Preparing for the Next Tornado

Flood Coverage: What Is and Isn’t Covered?

Historic flooding in September 2013 caused massive damage to property and sparked a number of questions about the Pool’s Flood coverage. With another possible flood season looming, it’s time to think about flood coverage.

Posted in Coverage, Member Services | Also tagged , , , , , Comments Off on Flood Coverage: What Is and Isn’t Covered?

It’s Power Surge Season – Are You Protected?

Claim data shows that air conditioning breakdowns occur most frequently in June and July as systems work hard to cope with heat and humidity. A compressor may be worth $20,000 or more. A centrifugal chiller might cost as much as $40,000 to replace. Lost income can total much more. But many air conditioning breakdowns can be prevented.

Posted in Loss Prevention | Also tagged , , , , , , Comments Off on It’s Power Surge Season – Are You Protected?

Colorado’s Most Costly Hailstorms

In the wake of more than 100 tornadoes ripping through the Plains states this past weekend, the Rocky Mountain Insurance Information Association (RMIIA), a non-profit consumer information organization that represents property & casualty insurers in Colorado, New Mexico, Utah and Wyoming, reported tornado sirens were heard for the first time last week — sounding the annual alarm that severe weather season has arrived in Colorado.

Posted in Coverage | Also tagged , , , , Comments Off on Colorado’s Most Costly Hailstorms