Latest Colorado Headlines
All the headlines from our Colorado Topic Page, ordered by recency.
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...
NAII Says Colo. No-Fault Regulation Would Not Allow Pre-Authorization Requirement for Medical Care
Aug 16 2002 // A proposed Colorado regulation would prohibit auto insurers from requiring pre-authorization before someone injured in an auto accident receives medical treatment under the state’s no-fault insurance law, according...
Eight Insurers Exposed to 73 Percent of Homeowners Risk in Western Fire-Prone States
Aug 15 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...
Workers’ Comp Loss Costs Expected to Decrease for Some Colo. Employers
Aug 12 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...
NAII SAYS COLO. CHANGES UNCONSTITUTIONAL
Aug 5 2002 // Colorado court decisions that allowed retroactive mental anguish damages in private contract disputes are unconstitutional and should be overruled, the National Association of Independent Insurers (NAII) maintains....
NAII SAYS COLO. CHANGES UNCONSTITUTIONAL
Aug 5 2002 // Colorado court decisions that allowed retroactive mental anguish damages in private contract disputes are unconstitutional and should be overruled, the National Association of Independent Insurers (NAII) maintains....
Colo. Insurance Commissioner Resigns
Jul 29 2002 // Colorado Insurance Commissioner William Kirven III announced his resignation from the Division of Insurance effective August 9. “The governor asked for his resignation, and he will pursue other career options,”...
Colo. P/C Insurer Fined
Jul 25 2002 // The Colorado Division of Insurance has fined property/casualty insurer GuideOne Mutual Insurance Company $15,500 as a result of a recent market conduct examination. Violations cited included the alleged failure of the...
NAII Says Colo. Mandated Retroactive Changes in Contracts Are Unconstitutional
Jul 23 2002 // Colorado court decisions that allowed retroactive mental anguish damages in private contract disputes are unconstitutional and should be overruled, the National Association of Independent Insurers (NAII)...
Colo. Bill Would Prohibit Insurers From Refusing to Issue Fire Policy in Disaster Area
Jul 12 2002 // The Colorado House gave initial approval July 10 to a Senate bill that would prohibit insurers from refusing to issue a fire insurance policy within a federally designated disaster area due to wildfire. The prohibition...
Colo. Fires to Cost Companies Record-Setting $79.3M
Jul 10 2002 // Insurers are looking at a price tag of $79.3 million as a result of destruction caused by four key wildfires that have done away with nearly 300 homes in Colorado this season, according to the Associated Press. The Rocky...
Insurers Reveal Damage Estimates from Colo. Wildfires
Jul 4 2002 // Damage from three wildfires that recently ravaged Colorado could cost insurers a record setting $50 million, according to the Associated Press. Preliminary estimates revealed that State Farm anticipates a payout of $24.7...
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...
