News

Notice to Colorado insureds

BY: DORCHESTER INSURANCE COMPANY
POSTED ON: MAY 7, 2020

The novel coronavirus (COVID-19) outbreak and emergency public health measures by state and local leaders has led to widespread business interruptions, unemployment and disruption of daily activities for consumers, including but not limited to self-quarantine and isolation to protect their and the public’s health. Due to the unprecedented and extraordinary impact of the COVID-19 emergency, Dorchester Insurance Company will make accommodations to prevent individuals and businesses from losing coverage due to cancellation for the non-payment of premium during this unprecedented time.

The accommodations that Dorchester Insurance Company will make include, but are not limited to, the following:   

1. Extension of premium grace periods;
2. Waiver of late payment fees;
3. A moratorium on cancellations for non-payment;
4. Deferral of any non-renewal underwriting actions (due to non-payment); and,
5. Providing continuation of coverage for expiring policies.

The purpose of providing accommodations is to prevent individuals and businesses from losing coverage due to cancellation for non-payment of premium due to the effects of COVID-19.  These accommodations take effect immediately and remain in effect for as long as Colorado Department of Public Health and Environment Public Health Orders 20-20, 20-22, 20-23 and 20-24 are in effect or until Colorado Division of Insurance Bulletin No. B-5.38 is rescinded, whichever is later.

Dorchester Insurance Company encourages policyholders to use electronic payment technology on websites, apps and electronic bank transfers whenever possible.


Anderson Foundation to award $5 Million in Grants to Nonprofits

BY: DAILY NEWS STAFF, THE VIRGIN ISLANDS DAILY NEWS
POSTED ON: AUGUST 28, 2018

A prominent philanthropic organization will announce on Thursday the first recipient of a portion of $5 million in grants for nonprofits in the U.S. Virgin Islands in the aftermath of hurricanes Irma and Maria.

The Marion and John E. Anderson Foundation will make the announcement along with local subsidiaries Bellows International, West Indies Company, Dorchester Insurance, TOPA Insurance, TOPA Properties, Leeward Islands Management Company and Caribbean Cellars BVI.

“We are very happy to make these donations in the aftermath of hurricanes Irma and Maria to nonprofits that have played such vital roles in the rebuilding efforts of the Virgin Islands,” said Judy Munzig, chairwoman of the foundation.

“Every person in the Virgin Islands was impacted, especially those in need, and the perseverance we have seen from our wonderful employees and the people of these territories was truly exceptional,” said Munzig.

During the next month, the Marion and John E. Anderson Foundation will announce the other recipients of the grants, who already have been chosen.

“As a born-and-raised Virgin Islander, I am so proud to have worked closely with the Marion and John E. Anderson Foundation and our local managers to secure such substantial gifts for so many nonprofits,” said Richard Berry, president of Leeward Islands Management Company. “Historically, our local subsidiaries donate a considerable amount of resources to the community; however, in the aftermath of the hurricanes, we saw desperate need and felt compelled to make additional contributions,” said Berry.

The Marion and John E. Anderson Foundation is a philanthropic organization through which the Anderson family supports educational, health care, and other community-based organizations including UCLA, Children’s Hospital Los Angeles, and many other organizations. The Anderson Grants in the USVI have supported teachers and their students for two decades.

Source: The Virgin Islands Daily News