VF Corp Reveals Extent of Cyberattack Impacting Millions of Consumers
VF Corp, parent company of North Face and Vans, reports 35.5 million consumers’ data compromised in a December cyberattack but confirms no critical financial data stolen.
January 23, 2024
Legislation & Regulation
Risk Management
Technology
Colorado
Illinois Supreme Court Ruling Reshapes CGL Coverage for Construction Defects
In a landmark decision, the Illinois Supreme Court overturns years of precedent, ruling that damage from construction defects may be covered under commercial general liability policies.
December 4, 2023
Legislation & Regulation
Litigation
Property
Risk Management
Colorado
Florida
Illinois
Texas
Adapting to Wildfire Realities: Insurance Sector’s Evolving Role in Risk Management
Wildfires continue to threaten communities, ecosystems, and economies worldwide. With the increased risk and frequency of catastrophic weather events, the continuous need to reassess and update models has challenged insurance professionals.
November 10, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Colorado
Hawaii
Oregon
Minnesota Men Face Federal Charges in Interstate Catalytic Converter Theft Ring
Federal officials have charged four Minnesota men in a multi- million-dollar scheme to transport stolen catalytic converters to buyers in several states.
November 2, 2023
Auto
Fraud
Insurance Industry
Litigation
Colorado
Minnesota
New Jersey
New York
Oklahoma
Xcel Energy Sued by Hundreds Over Devastating Marshall Fire
Xcel Energy, the state’s largest utility provider, is facing another large lawsuit over its role in the 2021 Marshall Fire. Nearly 250 residents and business owners filed a lawsuit in Boulder County District Court on Monday, alleging Xcel caused a variety of losses among plaintiffs.
July 19, 2023
Liability
Litigation
Colorado
Toyota Auto Insurance Extends Coverage to Colorado, Georgia, and Oregon Markets
Following its successful launch in select markets last year, Toyota Auto Insurance, the automaker’s exclusive insurance product, is now accessible to residents of Colorado, Georgia, and Oregon.
July 19, 2023
Auto
Colorado
Georgia
Oregon
Insurers Take Legal Action Against Xcel Energy for Colorado Wildfire
Dozens of insurance companies are suing Minneapolis-based Xcel Energy to recoup money paid out to homes and businesses lost in Colorado’s most destructive wildfire in 2021.
July 12, 2023
Litigation
Subrogation
Colorado
25 Million Dollar Question: Fire, Floods, and Mudslides -- Separate Occurrences or Linked Events?
The devastation wrought by the 416 Fire, which torched about 54,000 acres of forest north of Durango in 2018, and the damage inflicted by the rains that caused floodwaters and mudslides to flow from the burn scar were two different ‘occurrences,’ says the Durango & Silverton Narrow Gauge Railroad.
June 22, 2023
Liability
Litigation
Colorado
Colorado Governor Signs Bill Enacting Statewide Wildfire-Resistant Building Code
Colorado Gov. Jared Polis signed into law Friday a bill that mandates a statewide wildfire-resistant building code, a step that scientists say will help protect residents and first responders as climate change intensifies blazes.
May 17, 2023
Legislation & Regulation
Property
Colorado
HVAC System Falls Into Colorado Resort Pool, Injuring Six
On Saturday, a total of six people were injured and two of them suffered life-threatening injuries after an unexpected collapse of the heating, ventilation, and air conditioning (HVAC) system that fell into a resort pool in Aurora, according to officials.
May 8, 2023
Liability
Colorado
Supreme Court Refuses To Hear Oil Companies’ Appeals On Climate Cases
On April 24, 2021, the United States Supreme Court issued a decision allowing lawsuits filed by municipalities seeking to hold oil companies accountable for harms caused by carbon emissions to move forward in state courts.
April 26, 2023
Liability
Litigation
California
Colorado
Hawaii
Maryland
Rhode Island
Attorneys General Request Hyundai, Kia Recalls Due To Prevalent Thefts
Seventeen state attorneys general have called on the federal government to recall millions of Kia and Hyundai cars due to their susceptibility to theft, which has been amplified by a viral social media challenge.
April 21, 2023
Auto
Subrogation
Arizona
California
Colorado
Connecticut
Illinois
New Colorado Bill Adds Translation Requirements For Insurance Documents
Colorado Governor Jared Polis has signed a consumer protection bill to ensure people with limited English proficiency (LEP) can read and understand critical insurance policy documents.
April 14, 2023
Legislation & Regulation
Colorado
Colorado Would Offer Last-Resort Property Insurance Under New Bill
Colorado homeowners and businesses unable to get property insurance from private companies could obtain expensive, bare-bones coverage from a quasi-governmental insurer of last resort under a bill introduced Thursday in the state legislature.
April 10, 2023
Legislation & Regulation
Property
Colorado
AI Wildfire Detection Bill Gets Initial Approval In Colorado
A year after the most destructive wildfire in the state’s history scorched nearly 1,100 homes, Colorado lawmakers are considering joining other Western states by adopting artificial intelligence in the hopes of detecting blazes before they burn out of control.
January 27, 2023
Legislation & Regulation
Technology
Colorado
