The U.S. Supreme Court recently accepted a settlement ending the 13-year Rio Grande dispute involving New Mexico, Texas, and the federal government. The conflict followed a series of droughts and lawsuits over the division of Rio Grande water. In 2013, Texas brought the dispute to the U.S. Supreme Court, alleging that New Mexico’s groundwater pumping […]
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Colorado Damage Caps Increase and Revisiting Policy Coverages
On June 3, 2024, Colorado Governor Jared Polis approved House Bill 24-1472 (the “Bill”), which increases the damage caps for tort and wrongful death actions beginning January 1, 2025. The Bill will increase the cap for non-economic losses or injuries[1] from $250,000 to $1.5 million, as well as increase the wrongful death cap to $2.125 million. The Bill will adjust…
