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Colorado-based IHS Markit in and the University of Colorado Board of Regents are among businesses and public institutions suing to recoup pandemic-related losses under their insurance policies.
Compass Insurance Group provides Auto Insurance, Homeowners Insurance, Business Insurance and Life Insurance for Centennial and all of Colorado
Ten insurance companies doing business in Colorado -- such as Colorado Farm Bureau Insurance Company and Hartford Financial Services -- will extend length of additional living expenses payments to...
The Colorado Department of Labor and Employment plans to send out letters later this month to individuals and employers ensnared in the massive wave of fraudulent claims for unemployment insurance benefits. “One letter would go to the victim of unemployment insurance fraud and one to the employer,” said Cher Haavind, deputy director of the CDLE said during a call to discuss unemployment fraud on Wednesday with employers. “We hope to have this new system by next week.” · The CDLE estima...
Health insurance plans are required to lower premiums on Colorado Option plans by 15% by 2025. The Commissioner will enforce premium reductions through the Division's rate review and a new...
Coloradans looking to buy homes or simply hold onto their property face a barrage of challenges: a white-hot real estate market, high interest rates and soaring property taxes. You can add surging home insurance rates to the pile of problems eroding the landscape of affordable housing options. Colorado homeowners are reporting premium increases ranging from roughly 30% to more than 130% in just the past few years. People are getting the bad news that their policies won’t be renewed. Some insurance companies are deciding not to write new polic ...
What is Workers' Compensation? · Workers’ compensation insurance provides medical and lost wage benefits to workers who are injured on the job. All businesses with employees operating in Colorado are required to have workers’ compensation insurance, regardless of the number of employees, whether the employees only work part-time, or if they are members of the same family. Workers’ compensation insurance is purchased by an employer from an insurance agent, much like liability or auto insurance. The cost of workers’ compensation insuranc ...
With car thefts spiking in Colorado the past few years, three auto insurance carriers are now declining to cover certain vehicles, leaving at-risk owners with fewer options. Allstate, State Farm and Progressive are passing over new owners of some Kia and Hyundai vehicles, as thieves steal those cars at higher rates. In 2021, Colorado held the No. 1 spot in the nation for motor vehicle thefts — and those rates continued to skyrocket in the first half of last year, according to the Rocky Mountain Insurance Association. ...
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