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Legislation would mandate maternity coverage

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Lawmakers are reconciling two bills that require insurance carriers to cover pregnancy in the individual market. Colorado’s House and Senate passed different versions of House Bill 1021 — the House version requires all plans to cover prenatal and birthing costs, while the Senate bill only requires companies to offer it in a majority of plans.… Continue Reading Legislation would mandate maternity coverage

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Lawyer one who knows the rules of the road

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Eleven-mile mountain road jobs don’t come along every day for highway construction firms. This one would be worth millions of dollars to the winning bidder, Colorado Springs-based Schmidt Construction. The project was completed on time and on budget in 2001, but within a few weeks the county officials who awarded the contract called, accusing the… Continue Reading Lawyer one who knows the rules of the road

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Foreclosure filings in Colorado’s largest counties increased 6.5 percent last month compared to February of last year, according to a report this week from the Department of Local Affairs’ Division of Housing. However, the counties with the largest decrease in filings during the period were El Paso and Larimer counties. Foreclosure sales at auction rose… Continue Reading Colorado foreclosure filings up 6.5 percent in February

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Two years ago, the mortgage business nearly drowned in the torrent of the financial meltdown. The end seemed near. “We saw our (credit) conduits drying up,” said Barbara Pattee, president of Springs Mortgage Inc. “We had built up a niche of banks to do business with that went out of business.” It was 2008, and… Continue Reading Mortgage business beginning to show signs of new life

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SBA extends incentive period

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Incentives for Small Business Administration loans have been extended until March 28. The Temporary Extension Act of 2010 provides funds to eliminate or reduce fees on SBA 503 loans and temporarily restores the 90 percent guarantee on SBA 7(a) loans. Signed by President Obama, the extension authorizes higher guarantee levels. The fee relief is available… Continue Reading SBA extends incentive period

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The Pikes Peak United Way maintains a Web site listing more than 130 local nonprofit organizations that might need volunteers. Created by United Way and the Center for Nonprofit Excellence in 2006, the database provides residents with the ability to match their skills to a nonprofit. During 2009, the site had 36,737 unique visits, resulting… Continue Reading United Way lights the path to volunteerism in Springs

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Colorado Springs residents are dedicated volunteers, giving millions of hours to their schools, churches, synagogues, charitable organizations and nonprofits of every kind. Without volunteers, most local nonprofits would either collapse or curtail their activities. More than 32 percent of people in Colorado volunteer on a regular basis each year, according to the Colorado Springs Center… Continue Reading Coloradans big on volunteerism of all types

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Businesses in El Paso County aren’t threatened by earthquakes, floods, hurricanes, tornados or mudslides. But that doesn’t mean disaster isn’t lurking. Frozen water pipes, lightening, circuit sparks, electrical outages, overflowing sinks, sewage back-ups and wayward automobiles that plow into storefronts are just some of the very real, though unforeseen, threats to local business owners. That’s… Continue Reading Parkmoor building fire refines disaster planning approach

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It’s all about the planning: Recovery begins up front When disaster hits, what’s the best way to minimize damage caused by water, fire, mold or hazardous chemicals — and to get a business operation back up and running? Any business owner faced with an emergency call needs an emergency plan — or at least a… Continue Reading Crucial steps toward recovery happen before accidents

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Once small business owners provide a product or service — it’s time to mail out the bill. As soon as a bill is past due, the odds of ever collecting on it decrease rapidly. On the due date, there is a 94.9 percent chance of collecting the amount due. By 90 days, it decreases to… Continue Reading Delinquent bills adding up to a debt-collection boom

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