Latest Colorado Headlines
All the headlines from our Colorado Topic Page, ordered by recency.
AAI Welcomes Colo. Transition From No-Fault to Tort-Based Auto System
May 12 2003 // Recently, Colorado Gov. Bill Owens (R) signed into law AB 1188, authored by Rep. Keith King (R-21 El Paso), to allow the state’s auto insurance system to transition from a no-fault system to a tort reparation system...
NAII Says No-Fault Reform Legislation is No Bargain for Colo. Residents
May 5 2003 // Colorado’s major automobile insurers are reportedly urging lawmakers to reject a last ditch no-fault auto insurance reform plan that would offer no cost saving for policyholders. Members of the National Association...
Tort-based Auto Insurance Bill Advances in Colo.
Apr 24 2003 // The Colorado House passed legislation April 21 that would replace the state’s current no-fault auto insurance system with a tort-based system. Meanwhile, the House is also expected to act later this week on...
Colo. Joins Vanguard of States Reforming the Civil Justice System
Apr 21 2003 // Colorado has become the fourth state this year, following Arkansas, Idaho and West Virginia to enact substantive improvements in its tort system. Colorado recently enacted two reform bills and is considering three others...
Community First Acquires Colorado Insurance Agency
Apr 3 2003 // An affiliate of Fargo, N.D.-based Community First Bankshares Inc. has acquired the Carr Agency, an insurance agency in Thornton, Colo. The acquisition marks Community First’s 13th insurance agency acquisition in...
Colo. No-Fault Reform Needs Work, Alliance Says
Mar 7 2003 // A bill aimed at reforming Colorado’s no-fault auto insurance system is poised to pass the House, but misses the mark for significant reform, according to the Alliance of American Insurers. The bill, HB 1225, has...
NAII Urges Support of Colo. No-Fault Insurance Reforms
Feb 24 2003 // With the fate of the Colorado’s no-fault auto insurance system hanging in the balance, the National Association of Independent Insurers (NAII) is urging the Legislature to adopt reform legislation (HB 1225) that will...
Alliance Says Colo. No-Fault Reform Needs Work
Feb 18 2003 // A bill being considered by a Colorado legislative panel aimed at reforming the state’s no-fault auto insurance law is a good first step, but doesn’t go far enough to enact the changes needed to fix this broken...
Colo. House Passes Tort Reform Measures
Feb 3 2003 // The Colorado House of Representatives voted this week to protect consumers from unjustified lawsuits, which are driving up the cost of homes, medical care and insurance. In addition, the House Business Affairs Committee...
AIA Welcomes New Colo. Ins. Commissioner
Jan 8 2003 // The American Insurance Association (AIA) welcomed former Speaker of the House Doug Dean as commissioner of the Colorado Department of Insurance. “AIA and its member companies look forward to working with Speaker Dean...
Hilb, Rogal and Hamilton Announces Merger with Freberg Group
Dec 23 2002 // Hilb, Rogal and Hamilton Company, the world’s tenth largest insurance intermediary, announced that it has signed definitive merger agreements with the Freberg group of companies (Freberg), expected to be effective...
No-Fault Reform to Be Goal in 2003 Colo. Legislature
Nov 27 2002 // The National Association of Independent Insurers (NAII) is spearheading efforts to substantially repair Colorado’s reportedly badly broken no-fault auto insurance law during the 2003 legislative session. In 2002,...
The Iroquois Group Enters Colorado
Nov 15 2002 // The Iroquois Group, the nation’s oldest and largest network of independent insurance agencies, announced that it has entered the Colorado market. Colorado is now the 34th state in Iroquois’ network. “We...
COLO. WORKERS’ COMP LOSS COSTS TO DECREASE
Nov 11 2002 // Beginning Dec. 1, 2002, workers’ compensation loss costs for Colorado will decrease an average of 10.5 percent. Although individual employer workers’ compensation premiums are affected by other rating factors,...
Colo. Workers’ Comp Loss Costs to Decrease
Oct 28 2002 // Beginning Dec. 1, 2002, workers’ compensation loss costs for Colorado will decrease an average of 10.5 percent. Although individual employer workers’ compensation premiums are affected by other rating factors,...
Colo. Division of Insurance Tells Unauthorized Entities to Stop Selling Bad Insurance
Oct 1 2002 // The Colorado Division of Insurance has issued cease and desist orders that require 47 individuals and 35 unlicensed entities to stop selling unauthorized insurance products immediately and continue to pay all claims in...
Colo. Division Publishes 2002 Workers’ Comp, Employers Liability Guide
Sep 27 2002 // The Colorado Division of Insurance has published the 2002 Workers’ Compensation and Employers Liability Insurance guide, a survey of workers’ compensation and employers liability insurance loss cost multipliers...
EIGHT INSURERS EXPOSED TO WESTERN FIRE RISKS
Sep 2 2002 // In seven Western fire-prone states, only eight large property and casualty insurers are exposed to 72.9 percent of the home insurance risk, according to a recent analysis by Weiss Ratings Inc. At year-end 2001, eight...
SOME COLO. WORKERS’ COMP LOSS COSTS TO DECLINE
Sep 2 2002 // Workers’ compensation costs for some Colorado employers may decrease on average about 10.2 percent later this year. Insurance Commissioner William J. Kirven III announced that the National Council on Compensation...
COLO. COMMISSIONER RESIGNS
Aug 19 2002 // Colorado Insurance Commissioner William Kirven III announced his resignation from the Division of Insurance. “The governor asked for his resignation, and he will pursue other career options,” spokesperson and...
