Latest Colorado Headlines

All the headlines from our Colorado Topic Page, ordered by recency.

Free Professional Liability Seminar for Healthcare Industry Schedule

Sep 11 2001 // No challenge is more intriguing to Colorado residents than the “Fourteeners”–a group of 55 mountains peaks all in Colorado and all higher than 14,000 feet above sea level. A team from Baetis Inc.,...

Colorado Division of Insurance Fines Trio of Companies

Sep 7 2001 // A trio of insurance companies were fined by the Colorado Division of Insurance for allegedly violating state laws and regulations. According to a report in The Gazette, Farmers Insurance Exchange and American Standard...

AIA Proposes New Tax Incentives to Bring Jobs To Colorado

Aug 29 2001 // On Aug. 24, the American Insurance Association (AIA) testified before the Colorado Commission on Taxation, urging the group to consider a proposal that would provide insurers with a credit against premium taxes for...

Colo. Insurers Win Some, Lose Some with Recent DOI Decisions

Jun 20 2001 // According to the National Association of Independent Insurers (NAII), at the urging of the association and its member companies, the Colorado Division of Insurance agreed to withdraw two bulletins that rendered meaningless...

Colorado Insurance Commissioner Heads List of TSLA Mid-Year Speakers

Jun 18 2001 // Seven speakers have been announced for the Texas Surplus Lines Association Mid-Year Meeting set for July 19-22 at the Vail Marriott Resort, Vail, Colo. William Kirven, Colorado Insurance Commissioner, is scheduled to...

PAULA INS. CO. DOWNGRADED

Apr 23 2001 // The “Bpi” financial strength rating on Pasadena, Calif.-based PAULA Insurance Co. was lowered to “CCCpi” by S&P. Major rating factors include the company’s declining surplus level; highly...

Colorado Business Bankshares Acquires Insurance Agency

Mar 7 2001 // Colorado Business Bankshares, the parent company for Colorado Business Banks, has acquired Denver-based Milek Insurance Services Inc. The agency, which will be renamed CoBiz Insurance Inc., provides commercial and personal...

Construction Defect Bill Geared to Protect Colorado Builders

Feb 21 2001 // A bill designed to protect builders and subcontractors from excessive liability when their homes or commercial properties are found to have construction defects is being supported by insurers, homebuilders and the Colorado...

Construction Defect Bill Geared to Protect Colorado Builders

Feb 20 2001 // A bill designed to protect builders and subcontractors from excessive liability when their homes or commercial properties are found to have construction defects is being supported by insurers, homebuilders and the Colorado...

PROGRESSIVE EXEC LEAVES CO.

Feb 19 2001 // Progressive Corp. announced that Charles B. Chokel, executive vice president and chief investments and capital officer, has left the company. Progressive gave no reason for Chokel’s departure.

Colorado Auto Bill Defeated in House

Feb 14 2001 // A bill that would have created special insurance coverage for low-income Colorado drivers was defeated on the House floor. H.B. 1089 would have established a reduced-limits auto policy for low-income consumers, similar to...

Colorado House Committee Kills Credit Bill

Feb 9 2001 // A Colorado bill that would have prohibited insurers from using credit reports and credit scoring in personal lines underwriting and rating was killed by the House Information and Technology Committee by a 6 to 4 vote. HB...

NAII Comments on Colorado’s PIP Disclosure Bill

Jan 30 2001 // According to the National Association of Independent Insurers, a Colorado bill, HB 1021, which would require auto insurers to issue more extensive and detailed disclosure statements when offering a personal injury...

Colorado Bill Aims to Clarify State PIP Coverages

Jan 24 2001 // A bill initiated by the National Association of Independent Insurers and designed to clarify Colorado’s different personal injury protection auto insurance coverages is making its way through the legislature. Michael...

INSURANCE CO. FAILURES UP

Jan 8 2001 // In the face of a slowing economy and stiff competition, 35 insurance companies failed in 2000, a 30 percent increase over the 27 failures recorded in 1999, according to Weiss Ratings Inc., an independent provider of...

Gray Predicts Relatively Quiet 2001 Hurricane Season

Dec 8 2000 // After six years that set a record for Atlantic Basin tropical storms and hurricane activity, William Gray and his associates at Colorado State University are calling for a season slightly below the long-term average. For...

Reach of Contruction Defect Litigation Extends Beyond Condos

Nov 27 2000 // Editor’s note: Following the cover story “Cracks in the Stucco: Construction Defect Litigation Spreads” in our July 24, 2000, issue, several readers called in to share stories of how the problem of...

Colorado Fines Five Insurers/Firms

Nov 14 2000 // The Colorado Division of Insurance is fining Aetna U.S. Healthcare Inc., Cigna Healthcare of Colorado Inc. and three other insurance companies for violating state insurance laws by failing to process claims accurately or...

WACO CO. FACES VIATICAL SUIT

Oct 23 2000 // A Waco-based company offering viatical settlements is the focus of an investors’ class action suit filed by an Oklahoma City attorney. The suit was filed against Life Partners by William Federman, who believes the...

Insurance Companies Sue Denver Chiropractic Clinics

Jun 21 2000 // June 21, 2000 9:35 a.m. CDT Allstate Insurance Company, Liberty Mutual Insurance Company, and Progressive Casualty Company and three of its affiliates, served summons and complaints throughout the Denver area last Thursday...