In the News

DBJ: Governor, business groups, trial lawyers reach compromise to avoid ballot war over lawsuit damages

With four days left in the legislative session, business groups, the governor’s office, legislative leaders and trial lawyers announced a compromise avoiding a ballot box battle over altering or removing noneconomic damage caps in lawsuits.

The groups introduced a bill Sunday to increase noneconomic damages in civil lawsuits and have agreed to withdraw dueling ballot initiatives if the legislation passes, including one seeking to completely remove caps on noneconomic damages.

Colorado Chamber of Commerce President and CEO Loren Furman told committee members that the state needed a path could avoid the “detrimental” impacts that eliminating noneconomic damage caps would bring. She urged support for the compromise legislation.

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