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Kyle Shirley put off a marketing plan for his roofing company after insurance premiums for his work trucks shot up 55%. Becky Brinkerhoff’s insurance bill has doubled and she is checking with other companies for a better deal. Stephanie Rankin will likely reduce the coverage on one of her vehicles to help cover the 44% increase in her insurance rates. The three Denver-area residents are among Coloradans reeling from rising auto insurance costs on top of higher grocery bills and other expenses. The insurance rates are…

When Gov. Jared Polis and Democratic allies sought to overhaul land use rules in the state last year in hopes of spurring more housing development they faced immediate blowback from municipalities intent on protecting their local control. Seeking housing solutions From the mountains to the prairies, Colorado’s housing crisis is squeezing state residents in ways that make drastic choices an all-too-common part of their cost-of-living calculus. Click here to read more from this series. But one Front Range city publicly…

From the mountains to the prairies, Colorado’s housing crisis is squeezing state residents in ways that make drastic choices an all-too-common part of their cost-of-living calculus. Colorado faces a shortfall of 100,000 homes and apartments, the second worst deficit of any state after California, according to a study last year from Up for Growth. A homebuyer misery index from the Common Sense Institute found households in the state’s largest counties facing record-high levels of stress. When The Denver Post put out a call…

Decades ago, Colorado’s mountain communities, struggling with sky-high real estate values, implemented “inclusionary” ordinances that required developers to set aside a share of the units they built at a lower price or lower rent. Aspen, Colorado, consistently tops the list of the most expensive places in the world to live on March 4, 2024. Nestled in the Roaring Fork Valley, Aspen boasts one of the highest concentrations of ultra-expensive real estate globally, intensifying the struggle for affordable housing options…

A veteran-owned cybersecurity and technology company is going to expand its operations in Colorado Springs and expects to add 130 new jobs. The Colorado Office of Economic Development and International Trade said Thursday that Invictus International Consulting said the company chose Colorado Springs over Reston, Va.,and San Antonio. Invictus is based in Alexandria, Va., and has 300 employees, 65 of whom are in Colorado. State officials said Invictus is a market leader in full-spectrum cyber technology, infrastructure and…

U.S. Rep. Yadira Caraveo of Colorado unveiled a package of migrant-related bills in the House Thursday that aim to break a partisan logjam on immigration reform and would assist cities like Denver that have shouldered unforeseen costs. The congresswoman, who represents Colorado’s most heavily Latino congressional district, said her aim is to help interior cities deal with sheltering and other costs in one of two bills she’s leading. Other bills she’s joined as a co-sponsor would shorten the time migrants must wait for…

Colorado has one of the most educated populations in the country, second only to Massachusetts for the share of residents holding a college degree. But the state also ranks seventh in terms of how much money people are losing to scams, according to a LendingTree analysis of fraud data from the Federal Trade Commission. The financial success of Colorado’s population because of its education is a primary reason it is a prime target for fraudsters. In the first nine months of 2023, Colorado residents filed 46,410 fraud…

Zipping around the city by personal jet pack is still just a dream, but a drone humming along to drop off groceries, prescriptions or a late-night pizza at your door could become a reality in the Denver area as soon as late spring. Drone Express, which moved its headquarters to Denver in November, is one of a handful of companies to earn a spot in the Federal Aviation Administration program focused on incorporating drones into the national airspace and authorizing their use for commercial services. Within the next few…

Smartwatches and rings that claim to measure blood sugar levels for medical purposes without piercing the skin could be dangerous and should be avoided, the U.S. Food and Drug Administration warned Wednesday. The caution applies to any watch or ring, regardless of brand, that claims to measure blood glucose levels in a noninvasive way, the agency said. The FDA said it has not authorized any such device. The agency’s notice doesn’t apply to smartwatch apps linked to sensors, such as continuous glucose monitoring systems…

The most expensive home ever sold in the Denver area is quietly being shopped around. Denver Broncos quarterback Russell Wilson and singer-songwriter wife Ciara are accepting offers, and providing tours to prospective buyers, for the mansion they own in Cherry Hills Village, sources tell BusinessDen. The couple did not respond to requests for comment made through their foundation. The couple paid $25 million for the home on the 000 block of Cherry Hills Park Drive in April 2022, weeks after Wilson was traded to the…