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 cases that attempt to compensate for an injured person’s emotional distress and suffering related to an accident.

Read more here.