Colorado News

InsureZone Acquires MSI Group, Adds Agencies to New Direct Program

Fort Worth, Texas-based InsureZone announced it has acquired Denver-based MSI Group, with agencies in 20 states. The purchase adds 63 agencies to InsureZone’s network/cluster program. MSI Group provides agency members with access to major carriers for personal lines and commercial …

Report: Wildfires Pose Risk to Three-Quarter-Million Western U.S. Homes

More than three-quarters of a million homes in the Western U.S. have a high risk of wildfire damage, according to a report released by Santa Ana, Calif.-based CoreLogic. CoreLogic’s Wildfire Hazard Risk Report identifies more than 740,000 residences across 13 …

Weak Earthquake Shakes Colorado Mountains

A weak earthquake has hit the Colorado mountains. The National Earthquake Information Center says the quake Tuesday afternoon registered a preliminary magnitude of 3.3. It was centered north of Basalt and south of Gypsum. A magnitude-3.3 quake generally isn’t expected …

FEMA Denies Expanded Aid To Fire Victims

The Federal Emergency Management Agency has rejected a request from Gov. John Hickenlooper for expanded aid to uninsured and underinsured property owners who suffered losses in the High Park Fire. Larimer County Manager Linda Hoffmann said Tuesday the federal government …

Dead Cattle, Devastation In Wake Of Western Fires

Cecil and Delores Kolka thought they escaped the worst of the Ash Creek Fire when the 390-square-mile blaze spared their home and several pastures as it ripped through the couple’s Montana cattle ranch. But when the family went to round …

Colorado DUI Arrests Drop

Authorities say increased penalties and enforcement have driven down the number of drunken driving arrests over the past three years. According to records reviewed by the Denver Post, court filings for driving under the influence and driving while ability impaired …

Report: Insured Losses in Colorado Wildfires Nearly $450 Million

The two most destructive wildfires in Colorado’s history will cost insurers roughly $450 million, a regional insurance association said on Tuesday. The massive figure for insured losses comes from the total 600 homes destroyed and other damages, according to the …

Taking Account of Colorado’s Wildfires

As adjusters and homeowners have increasing access to fire damaged areas at the Waldo Canyon Fire in Colorado just how large a figure will result from what are likely to go down as the state’s two most destructive wildfires is …

Paper: $110M Worth Of Homes Lost In Colorado Wildfire

A newspaper’s analysis indicates that Colorado’s most destructive wildfire burned homes worth a total of more than $110 million in one of the neighborhoods affected by the blaze. The Denver Post reports the actual losses are expected to run much …

Colorado’s Historic Wildfire Season Could Cost ‘Hundreds of Millions’

Insured losses from two wildfires in what’s shaping up to be a historic wildfire season for Colorado may be into the “hundreds of millions of dollars,” an insurance industry association executive said on Monday. The Waldo Canyon Fire near Colorado …