A new report assessing the impact of removing noneconomic damage caps in Colorado was released this week by the Colorado Chamber of Commerce in partnership with the American Property Casualty Insurance Association (APCIA). Noneconomic damage caps are the portion of damages awarded in civil cases that attempt to compensate for an injured person’s emotional distress […]
In the News
Insurance Journal: Report: $2.1B Loss if Noneconomic Damage Caps Removed in Colorado
A report from the Colorado Chamber of Commerce and the American Property Casualty Insurance Association estimates a proposal to remove the noneconomic damage caps in Colorado would result in a $2.1 billion annual loss in state GDP and 15,500 jobs. Separate from economic damages, noneconomic damage caps are the portion of damages awarded in civil […]
Colorado Sun: Remove emotional distress cap and expect a $2.1 billion loss, says business group
Colorado caps personal injury jury awards at $729,790 while the medical malpractice cap is $300,000. That resulted in cases like a man who was injured while working on a fracking site in northern Colorado to lose half of the $30 million he won in federal court, according to a CBS report. So, Coloradans for Accountability […]
Craig Press: Moffat County students snag top spots at regional Civics Bee
Nine middle school students from the Yampa Valley showcased their civics knowledge Wednesday during the regional competition for the National Civics Bee. The event was hosted by the Craig Chamber of Commerce in partnership with the Colorado Chamber of Commerce, the Daniels Fund and the Civic Trust of the U.S. Chamber of Commerce Foundation. Participants in this year’s competition […]
Steamboat Pilot: Steamboat students tap into their knowledge, civic drive for regional Civics Bee
Nine middle school students from the Yampa Valley showcased their civics knowledge Wednesday during the regional competition for the National Civics Bee. The event was hosted by the Craig Chamber of Commerce in partnership with the Colorado Chamber of Commerce, the Daniels Fund and the Civic Trust of the U.S. Chamber of Commerce Foundation. Participants in this year’s competition […]
Ark Valley Voice: Buena Vista Civics Bee Finalists Named on April 11
The 2024 top 20 finalists in the Buena Vista Civics Bee will compete live and in-person at the Buena Vista Heritage Museum from 3:00 p.m. to 5:00 p.m. on Sunday, April 14. The event is free and open to the public but space is limited. Snacks and non-alcoholic drinks will be provided. Co-hosted by the […]
Denver Gazette: Metro Moves: Colorado business chamber expands team to address regulatory pressures
The Colorado Chamber of Commerce added a new regulatory affairs advisor as it seeks to help companies struggling with the state’s requirements to operate. The chamber hired Christy Woodward, who worked more than 25 years in civil and environmental engineering design and project management and was a senior director of regulatory affairs with the Colorado […]
CBS News: Oil and Gas Bill Dies
Denver Gazette: Colorado lawmakers reject bill to ban oil and gas drilling by 2030
A panel of Colorado lawmakers on Thursday night rejected legislation that sought to ban all new oil and gas drilling in Colorado by 2030. Senate Bill 24-159 would have mandated the Colorado Energy & Carbon Management Commission to adopt rules on ceasing the issuance of new oil and gas permits before Jan. 1, 2030. … The […]
DBJ: Colorado chamber makes hire in response to ‘burdensome’ regulatory climate
The Colorado Chamber of Commerce has hired a 25-year veteran of regulatory policy and advocacy to help the organization push back against state efforts it says are hurting Colorado’s businesses. Christy Woodward will serve as the chamber’s regulatory affairs adviser in “a direct response to growing concerns about Colorado’s burdensome regulatory climate,” according to a […]