Showing posts with label Colorado Division of Insurance. Show all posts
Showing posts with label Colorado Division of Insurance. Show all posts

Sunday, February 9, 2014

Fifth Financial Exec commits suicide - CEO shoots himself with a nail gun while his company is under investigation.

Now if he was  trying to commit  suicide  why in the  world  would he  shoot  himself in the  torso  eight times  before  he put the nail gun to his head?  That  doesn't make  very  much  sense, I smell a rat...... IMO.

~Desert Rose~

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CEO commits suicide by shooting himself with a nail gun while his company is under investigation

  • Richard Talley, 57, founder of American Title Services in Centennial, Colorado, was found dead in his home on Tuesday
  • Talley 'once claimed to be a member of the 1980 U.S. Olympic swimming team'. USA Swimming refuted this on Thursday
By Daily Mail Reporter
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A CEO has committed suicide by shooting himself multiple times with a nail gun, a coroner reported on Friday. 
Richard Talley, 57, founder of American Title Services in Centennial, Colorado, was found dead in his home on Tuesday with up to eight wounds to the torso and head. 
His company was being investigated by state insurance regulators at the time of Mr Talley's suicide.


Richard Talley, pictured with his wife of 25 years Cheryl, committed suicide with a nail gun at his home in Colorado
Richard Talley, pictured with his wife of 25 years Cheryl, committed suicide with a nail gun at his home in Colorado
A family member found the 57-year-old dead in his garage, the Denver Post reported.

Mr Talley has been married to his wife Cheryl since 1989. He moved to Colorado from Chicago where he was a regional finance officer for Drexel Burnham Lambert. 
Cheryl serves as the company's Director of Marketing for the tile company, which was founded in 2000.
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Under investigation, American Title CEO dead in grisly suicide

Updated:   02/07/2014 08:00:55 AM MST

The founder and CEO of American Title Services in Centennial was found dead in his home this week, the result of self-inflicted wounds from a nail gun, according to the Arapahoe County coroner.
Richard Talley, 57, and the company he founded in 2001 were under investigation by state insurance regulators at the time of his death late Tuesday, an agency spokesman confirmed Thursday.
It was unclear how long the investigation had been ongoing or its primary focus.
A coroner's spokeswoman Thursday said Talley was found in his garage by a family member who called authorities. They said Talley died from seven or eight self-inflicted wounds from a nail gun fired into his torso and head.
Also unclear is whether Talley's suicide was related to the investigation by the Colorado Division of Insurance, which regulates title companies.
The division is a part of the Department of Regulatory Agencies.
DORA spokesman Vince Plymell confirmed that the investigation was focused on Talley and the company but would not provide additional details.
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Saturday, November 9, 2013

Nearly 250,000 Colorado health policies canceled, many from Obamacare

Updated:   11/07/2013 08:27:53 AM MST
President Obama talks healthcare
US President Barack Obama speaks about the healthcare reform laws, known as Obamacare, at an Organizing for Action event in Washington, DC, November 4, 2013. (Saul Loeb, Getty Images)
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Insurance companies are canceling health policies for nearly 250,000 Coloradans, many because of Affordable Care Act rules, a tally likely to inflame consumers upset with controversial reforms.
The Colorado Division of Insurance said policies for 2013 that do not meet new minimum benefits under Obamacare are being canceled. Other cancellations are the result of business decisions by the insurers as part of normal operations.
Kathleen Baker is among those furious at the changes. She said her Kaiser Permanente policy was canceled, and a replacement would cost 17 percent more a month with higher deductibles.
Colorado health care exchange webpage
A screenshot of the connectforhealthco.com home page taken on October 1, 2013 at 8:55 a.m. (Connect for Health Colorado)
"I would like to know how the president, or anyone in Congress, can say this is better for me," she said.
Opponents of Obamacare said the high number of cancellations is causing bewilderment and anger among consumers who thought they would be able to keep their plans.
Only 3,408 Coloradans have enrolled in the private insurance plans offered on a new state exchange, the conservative advocacy group Compass Colorado said.
"To have almost a hundred health plan cancellations for every exchange sign-up in Colorado under Obamacare is exponentially worse than even the most extreme skeptic could have predicted," said Kelly Maher, executive director for Compass Colorado.
Consumer advocates who welcome health reform said it will take time to decipher whether the cancellations represent disaster or simply transition.
Cancellations......
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Colorado Woman Who Championed Obamacare Loses Insurance Plan


CBS4's Shaun Boyd talks with Kathy Wagner (credit: CBS)
CBS4′s Shaun Boyd talks with Kathy Wagner (credit: CBS)
DENVER (CBS4) - President Barack Obama is apologizing to Americans who are losing their current health insurance plans. Millions of people are getting cancellation notices, including about 250,000 Coloradans.For years the president said that those who like their current plan would be able to keep it, but it turns out that’s not the case.
In order to comply with the Affordable Care Act insurance companies have had to cancel millions of policies, forcing people to find new, and in many cases, more expensive coverage on the exchange.
The Colorado Division of Insurance says 250,000 people in Colorado alone have lost their policies in the last few months.
Cathy Wagner says she isn’t political and has never written a lawmaker, much less the president, but with Obamacare she felt compelled.
“I really just wanted him to know … I was so hopeful that this plan was going to move us forward, but in fact I think it’s moving us backward,” Wagner said.
RELATED: Colorado & The Affordable Care Act
Wagner and her husband retired early. She was a nurse for 35 years and championed Obamacare, until she received a letter from her insurance company saying it was canceling her policy.
“I was really shocked … all of my hopes were sort of dashed,” Wagner said. “’Oh my gosh President Obama, this is not what we hoped for, it’s not what we were told.’ “
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