
Colorado Legislators Debate Bill to Impose Liability Insurance Requirement on Firearm Owners
In a close vote, Colorado’s House Business Affairs and Labor Committee advances a bill requiring firearm owners to hold liability insurance, aiming to enhance responsible gun ownership.
April 8, 2024
Insurance Industry
Legislation & Regulation
Liability
Risk Management
Colorado

Boeing 737 Engine Cover Detachment Triggers Investigation
The FAA has launched an investigation after an engine cover on a Boeing 737-800 detached during takeoff, causing no injuries but raising safety concerns.
April 8, 2024
Legislation & Regulation
Risk Management
Technology
Colorado
Florida
Texas

Property/Casualty Insurers Embrace AI Amid Bias Challenges, Survey Reveals
A new survey shows a significant shift towards AI in the P/C insurance sector, despite ongoing challenges with algorithmic bias.
March 25, 2024
Insurance Industry
Technology
Underwriting
Colorado

Colorado Farmers Agree to Pay Over $6.5 Million in Fraud Case Involving Federal Crop Insurance
Two Colorado farmers, Patrick Esch and Ed Dean Jagers, settle for $6.5 million after defrauding federal crop insurance programs through rain gauge tampering.
March 13, 2024
Fraud
Legislation & Regulation
Colorado

Navigating the Complex Terrain of Data Privacy in Auto Insurance Claims and Repairs
With rising concerns over data privacy, the unauthorized use of personal information in auto insurance claims and repairs presents significant risks and implications for millions.
February 22, 2024
Auto
Legislation & Regulation
Technology
California
Colorado
Connecticut
Delaware
Hawaii
Swiss Re CEO Highlights Climate Crisis as Major Factor in Rising Insurance Costs
The CEO of Swiss Re underscores the need for fair risk valuation amid rising insurance costs, pointing to climate change as a significant driver of recent price adjustments.
February 19, 2024
Catastrophe
Insurance Industry
Risk Management
California
Colorado
Florida
Idaho
New Jersey

Massive Cheese Product Recall Expands Over Listeria Concerns
The FDA lists 57 products in a growing recall over listeria contamination fears, with an investigation focusing on queso fresco and cotija cheeses.
February 14, 2024
Liability
Life & Health
Alabama
Arizona
California
Colorado
Florida

State Insurance Legislators Endorse "Colorado-Plus" Model for Dental Plan MLRs
The National Council of Insurance Legislators adopts a Colorado-inspired model for dental plans’ Medical-Loss Ratios, aiming for fairer premium spending on patient care.
January 30, 2024
Insurance Industry
Legislation & Regulation
Life & Health
Colorado
Massachusetts
West Virginia

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



