Colorado News

Catalina Holdings (Bermuda) Completes Residential Loss Control Acquisition

Catalina Holdings (Bermuda) Ltd announced that following regulatory approval from the Colorado and Hawaii Departments of Insurance, it has completed the acquisition of Residential Loss Control Holdings, LLC (RLCH), which owns two risk retention groups, National Home Insurance Company (NHIC) …

Report: Colorado and Oklahoma Cities Dominate Top 10 Hail Prone Metro Areas

Metropolitan areas in Colorado and Oklahoma have the distinction of making up more than half the list of top 10 hail-prone areas in the U.S., according to a recently released study. The list, which was compiled by CDS Business Mapping, …

Colorado Says It Has No Funds to Aid Earthquake Victims

Colorado officials say they have no money to help earthquake victims in southern Colorado. Department of Local Affairs spokeswoman Linda Rice said the state is providing technical assistance, including geological analysis, aerial photography and water quality testing. According to the …

Colorado Residents Assess Quake Damage

DENVER _ Southern Colorado residents assessed damage to homes and businesses Wednesday from a magnitude-5.3 quake, the state’s biggest since 1967, as officials warned that minor aftershocks were expected for weeks. In the former coal town of Valdez, Dean Moltrer, …

Colorado Jostled with Earthquake Aftershocks

Colorado has been jostled with 13 aftershocks after Monday night’s magnitude-5.3 earthquake struck just hours before a magnitude-5.8 temblor hit Virginia, earthquake monitors said Wednesday. Geophysicist Amy Vaughan of the U.S. Geological Survey’s National Earthquake Information Center in Golden, Colo., …

Earthquake Hits Rural Colorado, Too

Virginia’s earthquake isn’t the only notable temblor to hit the United States this week. On Monday the largest earthquake to strike Colorado in almost 40 years shook hundreds of people in the southern part of the state and in northern …

Pinnacol Stops Administering Colorado State Claims

A Colorado-chartered workers’ compensation insurer will no longer administer the claims of state employees following disagreements with state officials over lavish trips, compensation and golden parachutes for key executives. Pinnacol Assurance’s decision to bail forced Colorado to scramble to hire …

Eight More Colorado Counties Declared Disaster Areas

DENVER _ Eight more Colorado counties have been declared natural disaster areas because of drought and a freeze. Colorado Sen. Mark Udall’s office said Monday the designation encompasses Alamosa, Conejos, Costilla, Rio Grande and Saguache counties in southern Colorado, which …

Colorado Begins Enforcing Car-Seat to Age Eight Law

DENVER _ Car-seat requirements in Colorado are getting tougher Monday. A new state requirement being enforced Aug. 1 raises the car-seat requirement to age 8. Previously, children have had to be in car seats through age 6. The expanded child …

Colorado Issues Workers’ Comp Audit Guidelines

The Colorado Division of Insurance this week issued a bulletin directed at insurers that conduct workers’ compensation audits. Bulletin B-5.30 provides guidelines for insurers regarding the fees they charge when an employer fails to participate or cooperate in a workers’ …