Latest Colorado Headlines
All the headlines from our Colorado Topic Page, ordered by recency.
Colorado’s Foremost Insurance Co. Extends Payment Deadlines as a Result of Wild Fires
Jul 1 2002 // Foremost Insurance Group of companies is extending all payment deadlines due to severe fires in Colorado. The extension applies to all Foremost customers in Colorado, for all types of policies. Customers will receive a...
The Storms Will be Out There: Average Hurricane Season Predicted
Jun 24 2002 // Colorado State University hurricane forecasters, led by Dr. William Gray, recently lowered this year’s Atlantic basin hurricane forecast numbers, but that hasn’t prevented insurance commissioners from states...
Colo. Wildfires Won’t Increase Homeowners Rates
Jun 18 2002 // Despite the severity of the Colorado wildfires that have blazed through the state in recent weeks, the good news is that insurance companies insist homeowners rates won’t rise due to the immense amount of claims...
Colo. Division Receives Re-accreditation
Jun 14 2002 // The Colorado Division of Insurance has received national re-accreditation by the National Association of Insurance Commissioners (NAIC) after a review of the division’s financial examination process. The NAIC...
PREVENTION INSURANCE CO. Purchases 80 Percent Controlling Interest in PWI
Jun 12 2002 // PREVENTION INSURANCE COMPANY has acquired for restricted stock an 80 percent controlling interest in privately held Pacific Western Insurance of Seattle. Pacific Western Insurance, founded in 1993, is a wholesale broker of...
4 Insurance Cos. Suspended in Colorado
May 29 2002 // Four insurance companies have been suspended from doing business in Colorado due to hazardous financial conditions. The companies, Fremont Indemnity Company, Fremont Compensation Insurance Company, and Fremont Pacific...
Insurers Detour Major ‘Hits’ In Final Minutes of Colo. Session
May 20 2002 // The insurance industry emerged from the just-concluded state legislative session in Colorado with few significant “hits” although the one-year extension of the no-fault auto insurance law was longer than most...
Colo. Legislature Acts to Extend No-Fault Law One Year as Session Ends
May 14 2002 // During the hectic final days of its 2002 session, the Colorado Legislature passed legislation extending the sunset of the no-fault auto insurance law to July 2003. In a flurry of last-minute activity, the Senate wrapped a...
Fate of Colo. No-Fault Law up in Air
May 3 2002 // The fate of Colorado’s no-fault auto insurance law is up in the air as the state legislature fast approaches its May 8 adjournment date. The no-fault law will sunset on July 1 unless legislation is enacted to extend...
Colo. House Passes Salvage Vehicle Bill
May 1 2002 // The Colorado House passed a bill last week requiring the state to issue a title clearly stating that a salvaged vehicle was “rebuilt from salvage.” National Association of Independent Insurers (NAII) Northwest...
AIA Says Colo. Bill Provides Relief from Construction Defect Lawsuits
Apr 22 2002 // A bill making its way through the Colorado House would limit the damages available for civil actions arising out of construction defects and should be enacted as quickly as possible, according to the Alliance of American...
Legion and Villanova Suspended in Colo.
Apr 8 2002 // The Colorado Division of Insurance has suspended Legion Insurance Company and Villanova Insurance Company. The suspensions are the result of both companies being placed into rehabilitation by the Commonwealth Court of...
Col. Committee Kills Auto Choice Bill
Apr 5 2002 // The House Appropriations Committee killed House Bill 1351 April 2, which would have given consumers the option of remaining under Colorado’s no-fault auto insurance system or returning to the tort system. “The...
AAI Says Colo. Licensing Proposal Will Benefit State’s Market
Apr 2 2002 // An insurance company licensing proposal being considered by the Colorado Department of Insurance will make the process more uniform with other states, making it easier for insurers to enter the Colorado market, according...
Col. Auto Choice Bill Passes One Committee,
Mar 18 2002 // The House Business Affairs and Labor Committee approved March 14 House Bill 1351, giving consumers the option of remaining under Colorado’s no-fault auto insurance law or returning to the traditional tort system. The...
Colo. Senate Passes Bill to Include Living Expenses
Feb 15 2002 // The state Senate has passed a bill requiring “living expenses” to be paid in rehabilitation claims under personal injury protection (PIP) provisions in the state’s no-fault auto insurance law. “The...
Three Auto Insurance Bills Get to Colo. House Floor
Feb 6 2002 // Three bills designed to help clarify and simplify the auto insurance process in Colorado, including one that would reduce the number of required options in the no-fault law, have passed the House. National Association of...
Colo. House Committee Kills Two Credit
Feb 5 2002 // A Colorado House committee has killed two bills pertaining to the use of credit scores after amending them to delete their applicability to insurance. Prior to the meeting of the House Information and Technology Committee,...
NAII Defends Insurers’ Use of Credit-Based Insurance Scores
Dec 6 2001 // According to National Association of Independent Insurers (NAII) Northwest Regional Manager Michael Harrold, insurance companies’ use of credit information clearly benefits most consumers, in terms of both price and...
Colorado Split on Requesting Information from Largest Workers’ Comp Insurer
Oct 22 2001 // Colorado legislative leaders were split down the middle this week on whether to seek confidential financial information from the state’s largest workers’ compensation insurer to see if the operation could be...
