Latest Colorado Headlines
All the headlines from our Colorado Topic Page, ordered by recency.
HIGHER MALPRACTICE RATES LOOMING FOR COLORADO DOCTORS:
Oct 25 2004 // COPIC Insurance, the largest medical malpractice insurance company in Colorado, will increase rates by an average of 15.9 percent, according to the Associated Press. It is the biggest rate increase in 16 years....
Colo. Agent Beginning Second Season as Ski Pass Insurer
Oct 14 2004 // Local businessman Ron Iverson is beginning his second season of offering insurance against the price of a season ski pass in case of injury or illness. “There’s nothing else like it,” said Iverson, an...
Higher Malpractice Rates Looming for Colorado Doctors
Oct 8 2004 // The biggest medical malpractice insurer in Colorado said it is preparing for its largest rate increase in 16 years. COPIC Insurance said it is notifying 6,000 doctors of a 15.9 percent rate increase, taking insurance to an...
COLORADO HAILSTORMS CAUSE MILLIONS OF DOLLARS IN DAMAGE:
Sep 6 2004 // A Colorado hailstorm left farmers and residents with damage amounting to millions of dollars, according to the Rocky Mountain Insurance Information Association. The insurance industry estimated that the hailstorms that...
Colo. Companies Who Violate Workers’ Comp Law Let Off Easy
Aug 25 2004 // State regulators aren’t fining companies that fail to provide workers’ compensation even though some employers repeatedly let their coverage lapse, a state audit has found. In a report given Monday to the...
Proposal Could Lower Some Colo. Work Comp Premiums
Aug 20 2004 // Representatives of the Colorado Insurance Division are reviewing a proposal that could cut workers’ compensation insurance premiums for some employers. The National Council on Compensation Insurance, a rating and...
People and Places
Jul 19 2004 // Wayne Cwik As part of its previously announced management restructuring, Neenah, Wis.-based Jewelers Mutual Insurance Co. promoted Wayne Cwik to vice president of actuarial services and JMI Insurance Services. Cwik will...
Colorado Hailstorm Causes Over $28 Million in Damages
Jul 15 2004 // The Rocky Mountain Insurance Information Association estimates that a July 9th Colorado Springs hailstorm will result in more than 9,000 claims totaling $28.2 million in insured damage. This estimate includes approximately...
STATE FARM LOWERS RATES IN COLO.:
Jul 5 2004 // State Farm Mutual Automobile Insurance Co. said it will lower its rates in Colorado by 5.9 percent starting July 1, according to the Greeley Tribune. The rate decreases will affect thousands of people living in Colorado....
RTW Appoints Dye as GM for Mich., Colo. Operations
Jun 28 2004 // Minneapolis-based workers’ compensation insurer and third-party administrator RTW Inc. has appointed Glen Dye as general manager for the company’s Michigan and Colorado operations. Dye previously served with...
Changes in Billing Imminent for Colorado Policyholders
Jun 21 2004 // The Colorado Division of Insurance (DOI), responding to a recent state Supreme Court ruling, is expected to issue an emergency regulation requiring insurance companies to change the way that they bill for uninsured and...
Colorado Hail Damage Approaches $150 Million
Jun 14 2004 // Based on the number of claims filed so far, the insurance industry estimates that the June 8-9 hailstorms that pummeled areas from Lakewood to Golden will result in nearly 48,000 claims totaling $146.5 million in insured...
SCA Insurance Completes Nexsure Deployment and Achieves Enhanced Levels of Productivity
Jun 2 2004 // SCA Insurance of Pueblo, Colorado, a large multi-office agency, had been watching the insurance agency management system market for years, keeping an eye open for a new and compelling agency management solution. Having...
Colorado Policyholders Seek Lawsuit over Auto Insurance Premiums
May 17 2004 // A group of Colorado motorists claim they have overpaid auto insurance premiums for the past 25 years and should be reimbursed. Insurance representatives claim if the proposed class-action lawsuit is successful, it could...
AIA Pleased With 2004 Colorado Legislative Session
May 17 2004 // The Colorado legislature adjourned sine die on May 5, giving final approval to several measures before going home. The American Insurance Association (AIA) reported that positive legislation affecting the insurance...
Credit Scoring Bill Goes to Colorado Governor
May 7 2004 // A bill that limits the use of credit histories to set insurance rates got final approval from state lawmakers on May 5 after they gave up trying to ban the practice. Under the measure (Senate Bill 216), insurers...
AIA Pleased With 2004 Colorado Legislative Session
May 7 2004 // The Colorado legislature adjourned sine die on May 5, giving final approval to several measures before going home. The American Insurance Association (AIA) reported that positive legislation affecting the insurance...
MANDATED MEDICAL COVERAGE BILL IN COLORADO GOES DOWN:
May 3 2004 // Legislation that reportedly could have significantly increased automobile insurance premiums by forcing consumers to buy $35,000 in medical payments coverage was defeated in the Colorado House. “This legislation (HB...
COLORADO LEGISLATURE PRESERVES ACCESS TO MOTOR VEHICLE REPORTS:
Apr 19 2004 // The Colorado Legislature defeated a bill (SB-52) that would have kept Motor Vehicle Reports (MVRs) confidential for up to the first six points of driving violations, according to the American Insurance Association (AIA)....
Mandated Medical Coverage Bill Defeated in Colorado
Apr 16 2004 // Legislation that could have significantly increased automobile insurance premiums by forcing consumers to buy $35,000 in medical payments coverage was defeated in the Colorado House. “This legislation (HB 1287) could...