Latest Colorado Headlines
All the headlines from our Colorado Topic Page, ordered by recency.
Moody Insurance Delivers $262,598 Cash Dividend for Workers’ Comp Program
Jun 2 2005 // Twenty-two Colorado companies are making a special trip to the bank today to deposit their share of the inaugural cash $262,598 dividend from the innovative Moody Select workers’ compensation program offered by...
Ohio Comp Fund Director Resigns Amid Scandal Over Missing Rare Coins
May 31 2005 // Ohio’s workers’ compensation director, once hailed as government’s “Mr. Fixit,” has resigned because of a growing scandal about the disappearance of about $10 million worth of rare coins the...
PCI SAYS INSURERS SURVIVE COLORADO LEGISLATIVE SESSION:
May 23 2005 // At the conclusion of Colorado’s recent legislative session, PCI said that the insurance industry successfully worked to preserve Colorado’s stable marketplace. Colorado’s insurance scoring law, which is...
News Briefs
May 23 2005 // JURY REACHES PARTIAL VERDICT IN EXECUTIVE LIFE CASE: A jury reached a partial verdict in the case involving the illegal takeover of failed insurer Executive Life Insurance Company on May 9, according to the Associated...
Dean Joins Pinnacol Board of Directors
May 19 2005 // Pinnacol Assurance, a Colorado provider of workers’ compensation insurance, announced that Bonnie Dean has joined its board of directors. Dean was appointed to the position by Gov. Bill Owens and will reportedly...
Colorado Legislature Protects Guaranty Fund Solvency, Viability
May 16 2005 // Colorado’s Legislature effectively killed three bills that would have adversely impacted the ability of the state’s Insurance Guaranty Fund to pay claims to insureds of insolvent workers’ compensation...
PCI Says Insurers Survive Colorado Legislative Session
May 10 2005 // In what best could be called “Survivor: The Colorado Legislative Session,” there were many twists, turns and surprises along the road to adjournment recently, however the insurance industry successfully worked...
COLO. GOV. VETOES CAP INCREASE FOR DAMAGES:
May 9 2005 // Colorado Gov. Bill Owens vetoed legislation, SB 25, that would have put in place automatic inflation adjustments for the cap on non-economic damages, according to The Property Casualty Insurers Association of America....
COLO. GOVERNOR APPOINTS NEW COMMISSIONER:
May 9 2005 // Colorado Governor Bill Owens announced the appointment of David Rivera as Colorado Insurance Commissioner. Rivera has been part of Owens’ administration since August 2001. In his position as senior policy advisor,...
NAMIC Urges Anti-tort Reform, Comp Vetoes in Colorado
Apr 25 2005 // The National Association of Mutual Insurance Companies (NAMIC) has asked Colorado’s governor to veto two bills that would erode ongoing tort reform and undermine the state’s worker’s compensation...
Colorado’s Pinnacol Assurance Issues Refund
Apr 21 2005 // Pinnacol Assurance, the state’s top provider of workers’ compensation insurance, plans to refund $55 million to employers across Colorado. The refunds reflect better safety, higher investment returns and more...
Colo. Gov. Owens Vetoes Increase to Cap on Non-Economic Damages
Apr 20 2005 // Colorado Gov. Bill Owens vetoed legislation (SB 25) that would have put in place automatic inflation adjustments for the cap on non-economic damages, according to The Property Casualty Insurers Association of...
Colo. Governor Appoints New Insurance Commissioner
Apr 19 2005 // Colorado Governor Bill Owens announced the appointment of David Rivera as Colorado Insurance Commissioner. Rivera has been part of the Owens’ administration since August 2001. In his position as Senior Policy...
SOUTH CAROLINA INSURANCE CO. INSOLVENT
Apr 18 2005 // South Carolina Insurance Co., part of the Columbia-based Seibels Bruce group, has been declared insolvent by state insurance regulators and will be liquidated. The company and its subsidiary, Consolidated American...
FIGHT OVER CREDIT BAN MOVES TO COLO. SENATE:
Apr 4 2005 // Legislation that would prohibit insurers’ use of credit information narrowly advanced out of the Colorado Senate State Affairs Committee on a 4-3 vote and will be opposed by the insurance industry on the Senate...
Fight Over Credit Ban Moves to Colo. Senate Floor
Mar 22 2005 // Legislation that would prohibit insurers’ use of credit information narrowly advanced out of the Colorado Senate State Affairs Committee Monday on a 4-3 vote and will be opposed by the insurance industry on the...
FARMERS TO LOWER RATES FOR COLO. AUTO CUSTOMERS:
Mar 21 2005 // Farmers Insurance Group of Companies announced it will lower rates for its auto customers in the state of Colorado. Effective April 1, 2005, Farmers’ customers in Colorado will see a rate decrease that will average...
Regulators Name Consumer Liaison Reps for 2005
Mar 15 2005 // The National Association of Insurance Commissioners recently named its funded consumer liaison representatives for 2005. Established in 1992, the program promotes consumer representation and interaction with NAIC members,...
Farmers to Lower Rates for Colo. Auto Customers
Mar 7 2005 // Farmers Insurance Group of Companies announced Monday it will lower rates for its auto customers in the state of Colorado. Effective April 1, 2005, Farmers’ customers in Colorado will see a rate decrease that will...
Study Shows Tort-Based Auto System Provides Savings for Colo. Drivers
Mar 7 2005 // A Colorado study shows that since the state scrapped its ailing no-fault automobile insurance program in favor of a tort-based system, rates for some consumers have dropped between 19.5 percent and 27.1 percent. The study,...
