Latest Colorado Headlines
All the headlines from our Colorado Topic Page, ordered by recency.
Ratings: Intrepid, John Deere, So. Carolina, Arkansas & Louisiana Farm Bureaus
Jun 30 2011 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Michigan-based Intrepid Insurance Company, both with stable outlooks. The ratings...
Riesberg Named Colo. Insurance Commissioner
Jun 28 2011 // Colorado Gov. John Hickenlooper announced that Rep. Jim Riesberg will be the state’s new Commissioner of Insurance. He will resign his House seat on June 30 and start work on July 1. Riesberg will replace John J....
People
Jun 20 2011 // Bolton & Co. based in Pasadena, Calif., named Brett Schulz assistant vice president in the Property & Casualty division. Schulz brings more than 12 years of professional experience working with businesses to...
Colo. Governor Approves Workers’ Comp Reforms
Jun 6 2011 // Colorado Gov. John Hickenlooper has signed legislation approving state workers’ compensation reforms. Senate Bill 11-199, sponsored in the House by James Riesberg, D, as well as sponsored in the Senate by Lois...
Colo. Court: Insurer Can’t Be Sued By Another Insurer for Failing to Cancel Policy
Jun 6 2011 // A Colorado Court of Appeal has ruled that an insurer cannot file suit against another insurer for its failure to cancel a policy. According to First Comp Insurance v. Industrial Claim Appeals Office of the State of...
Judge: No Reduction in Fine, Restitution in Louisiana Man’s Death
Jun 3 2011 // A federal judge has declined to reduce the $1 million fine and $2 million in restitution he ordered paid by a Colorado company that admitted partial responsibility for the death of a Baton Rouge plant worker. Chief U.S....
Weber Joins Poms & Associates’ Colorado Office
Jun 1 2011 // Poms & Associates Insurance Brokers Inc., an insurance brokerage firm, has announced that Joseph Weber has joined the firm’s Colorado office as account executive in the property and casualty group. He will work...
Colo. Governor Approves Workers’ Comp Reforms
May 27 2011 // Colorado Gov. John Hickenlooper has signed legislation approving state workers’ compensation reforms. Senate Bill 11-199, sponsored in the House by James Riesberg, D, and sponsored in the Senate by Lois Tochtrop, D:...
Colo. Court Awards $18M to Worker Injured by Telephone Pole Collapse
May 27 2011 // The Colorado Supreme Court has upheld an award of $18 million in exemplary damages to an Xcel Energy lineman who was injured when a Qwest Communications International Inc. telephone pole that he was working on...
Progressive Seeks to Add 95 Employees in Colorado
May 26 2011 // Ohio-based The Progressive Group of Insurance Companies announced it is seeking to fill fill 95 sales and customer service positions in Colorado Springs, Colo., by the end of June. The hiring plans come as the...
Colo. Court: Insurer Can’t Be Sued By Another Insurer for Failing to Cancel Policy
May 20 2011 // A Colorado Court of Appeal has ruled that an insurer cannot file suit against another insurer for its failure to cancel a policy. According to court documents in First Comp Insurance v. Industrial Claim Appeals Office of...
Business Moves
May 2 2011 // The Hanover, Chaucer A half-billion dollar deal that would make Lloyd’s insurer Chaucer part of Massachusetts-based The Hanover is in the works. Terms of the transaction involve a cash-for-stock swap valued at $510...
Business Moves
May 2 2011 // Zenith AgriBusiness Solutions In what appears to be its first foray into offering liability coverages, Zenith Insurance Co., a workers’ compensation insurance specialist, is offering agribusiness insurance in...
Dragging Death Prompts Colo. Tow-Truck Bill
Apr 28 2011 // Tow-truck drivers and the widow of a Colorado Springs tow-truck driver dragged to his death earlier this year have passed the first hurdle to enacting safety changes. The Senate Judiciary Committee approved a bill that...
More Colorado Residents Opt to Prepare for Disasters
Apr 25 2011 // Four families in Yoder, Colo., are building a sand bunker and stockpiling ammunition and weapons. A Black Forest resident has erected a geodesic dome on her 5-acre spread to grow vegetables, keeps horses for emergency...
McCubbin Joins IMA of Colorado’s Sales Team
Apr 6 2011 // IMA of Colorado Inc., a retail insurance brokerage, has announced that Mike McCubbin joined IMA as a business development executive. IMA of Colorado is part of the IMA Financial Group Inc., a financial services company...
More Than 300 Homes Evacuated in Colorado Wildfire
Apr 4 2011 // Strong winds fueled a wildfire in canyon country west of Fort Collins, Colo., forcing the evacuation of 335 homes, authorities said April 3. There have been no reports of any injuries or damage to any of the dwellings, but...
The Wright Group Services Purchases Assets of Colo.’s Haylo Freyer and Coon
Apr 4 2011 // The Wright Group Services announced it has purchased select assets of the Haylor Freyer and Coon (HFC) office located in Colorado. Terms of the transaction were not disclosed. Consistent with its strategic business plan,...
Colorado Bill Restricting Homeowners Insurance Cancellations Defeated
Mar 23 2011 // The Colorado House Economic and Business Development Committee has voted 9-4 to defeat a bill that homeowner’s insurance carriers say would have restricted their underwriting freedoms and their ability to provide...
Insurer Responds to Lawsuit Over Colo. Bomb Threat
Mar 22 2011 // An insurance company is asking a judge to dismiss a lawsuit filed by an Aspen restaurant seeking compensation for business it lost after a bomb threat on New Year’s Eve 2008. There were widespread evacuations in...
