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A perfect storm of declining sales, increasing claims and no way to recoup investments during a down economy has hit the property and casualty insurance industry hard this year. That will mean increased rates for businesses and a buyer’s market left blowing in the wind. It’s humbug news for 2012. “It won’t go up dramatically… Continue Reading Insurance barometer on the rise for businesses in 2012

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Billionaires in space and in Russia

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What if you were a billionaire? Perhaps you’ve played this kind of “what if” game with friends. How would you spend time and money with billions of dollars at your disposal? Based on recent announcements, it’s been interesting to see what a couple of real-life billionaires are planning to do with their big bucks. One… Continue Reading Billionaires in space and in Russia

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New Year’s resolution: No more wars this year

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It’s customary to make New Year’s resolutions that last a few days at the most. Lose weight, exercise more, be nice to rude people, park as far as possible and enjoy the walk to the store. But the year that passed requires a more serious approach to our wishes for 2012. The Iraq war is… Continue Reading New Year’s resolution: No more wars this year

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Your fire department is the deal of a lifetime

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I’m writing in response to Raphael Sassower’s Dec. 16 editorial, “Eliminate the Fire Dept?” My initial reaction to the article was one of disappointment and frustration. This stems from the multitude of inaccurate information and lack of understanding from an author that has admittedly yet to find himself in need of emergency services. We appreciate… Continue Reading Your fire department is the deal of a lifetime

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Those who said goodbye in 2011

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Here’s a look at a few of the people and organizations that bid farewell, in one form or another, this year. Continue Reading Those who said goodbye in 2011

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Springs’ solar market looks bright in 2012

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Colorado Springs’ solar industry took a few big steps forward in 2011 and appears poised for even more advances in 2012. Solar gardens, tax rebates and policy changes are all anticipated to expedite the industry in the coming year. SunShare, a start-up founded by 24-year-old Colorado College graduate David Amster-Olszewski, was the first in the… Continue Reading Springs’ solar market looks bright in 2012

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Editor’s note: This is the third in a three-part series about downtown Colorado Springs revitalization. The first story listed dream projects for downtown. The second story explored the barriers keeping those dreams from becoming reality, and this story looks at recent successful projects and policy changes. Many who have participated in downtown redevelopment discussions during… Continue Reading Downtown’s bright spots break barriers

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Consider Tebow, Newton and Christmas this season

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As Christmas arrives, believers and non-believers alike participate in the time-honored, all-consuming orgy. Perhaps they believe that once a year their generosity and goodwill goes beyond the personal and spins the nation’s wheels of commerce: About 20 percent of annual retail spending occurs between Black Friday and Christmas. Perhaps we are fed up with bad… Continue Reading Consider Tebow, Newton and Christmas this season

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If you believe the latest doomsday cranks, the apocalypse arrives on December 21, 2012, a date marking the close of the ancient Mayan civilization’s “Long Count” calendar. Don’t ask me — or any reliable historian — how the Mayan calendar became a means for apocalyptic prophesies. It’s another combination of myth making, book selling, and… Continue Reading Business, the economy, the election and the apocalypse of 2012

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2011′s biggest real estate deals

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The state of the U.S. economy played a definitive role in the Colorado Springs region’s top real estate deals this year. Investors swooped in to buy bank-owned properties at discount prices. Local and out-of-state apartment-management companies bought several complexes to capitalize on apartment demand, which is at a 10-year high. And large nonprofits with deep… Continue Reading 2011′s biggest real estate deals

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