Colorado News

Colorado Moving To Curb Health Insurance Costs

Colorado officials say health care reform has given them the power to curb insurance rate hikes. Those curbs helped the state block a 24 percent increase request by Cigna. According to the Denver Post Cigna wanted to raise rates for …

SEC Charges Oil CEO in Insider Trading With Colorado Insurance Exec

The Securities and Exchange Commission on Wednesday announced charges against the former CEO of a Denver, Colo.-based oil-and-gas company at the center of an insider trading scheme involving a Colorado insurance executive that the SEC began prosecuting last month. According …

Wildfires, Hail Take Toll On Colorado Home Insurance

Colorado now ranks among the top 10 for the highest share of homeowners insurance claims paid out due to catastrophes. The Insurance Research Council says catastrophes triggered only 26 percent of the claims made on homeowner policies from 1997 to …

Toy Patent Lawsuit Ends In Favor Of Colorado Professor

A company headed by a Colorado professor who invented a strategy board game has won a $1.6 million patent infringement verdict. The Gazette reported that Michael Larson developed a game call Khet, a strategy board game using lasers and mirrors. …

Chipotle To Defend Itself Against Labor Lawsuit

Chipotle Mexican Grill Inc. says a lawsuit alleging the Colorado- based company has failed to pay overtime to hundreds of employees is frivolous. The class-action complaint filed Thursday in federal court in New York says Chipotle misclassified its “apprentices” as …

Man Dies After Being Tossed From Colorado Bar

Authorities say a 34-year-old man who was thrown out of a Lakewood, Colo. bar for acting belligerently was found injured and unresponsive in a nearby parking lot and was later pronounced dead at a hospital. The Denver Post reported the …

Colorado Springs Wildfire Expected To Create Jobs

Economists say a wildfire that burned 346 homes and scorched 28 square miles in the Colorado Springs area over the summer could provide an economic boost over the next five years. Insurance claims for the contents and homes damaged in …

Ex-Van Gilder Insurance CEO in Colorado Takes Leave Of Absence

The former chief executive of Colorado-based Van Gilder Insurance Corp. who is charged with five counts of insider trading is taking an indefinite leave of absence as an employee of the company and as a member of its board of …

Dad Of Girl Killed In Colorado Theater Shooting Sues

The father of the youngest person killed in the Colorado theater shootings is the latest to file a lawsuit in federal court against the theater operator. The Denver Post reported 6-year-old Veronica Moser-Sullivan’s father, Ian Sullivan, filed his lawsuit against …

January Trial Set For Former Colorado Insurance Firm Executive

The former chief executive of Van Gilder Insurance Corp. in Colorado is set to go to trial Jan. 2 on five counts of insider trading. The Denver Post reported Michael Van Gilder pleaded not guilty to the charges Wednesday in …