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Aspen Insurance rejects Endurance Specialty's offer to buy it for about $3.2 billion

Aspen Insurance Holdings Ltd. said Monday that its board has rejected a proposal from fellow insurance company Endurance Specialty Holdings Ltd. to buy it for about $3.2 billion. Aspen said its board rejected the proposed deal because it is "not in the best interest" of the company or shareholders, and that Endurance "has a mixed operating track record, new leadership, an unproven strategy and no experience with large acquisitions." Earlier Monday, Endurance went public with its proposal to buy Aspen after being snubbed by the company for three months.

Endurance offers to buy fellow insurance company Aspen Insurance for about $3.2 billion

PEMBROKE, Bermuda - Endurance Specialty Holdings Ltd. says it has proposed to buy Aspen Insurance Holdings Ltd. in a deal worth about $3.2 billion after being snubbed by the fellow insurance company. Endurance says Aspen's board and management have refused to discuss the possible acquisition since January. Representatives from Aspen did not immediately respond to a request for comment.

After laying off 2M during recession, builders worried about shortage of construction workers

DENVER - The construction industry says it's in danger of not having enough people to keep up with demand for building projects, as workers age and more teens are pushed to go to college. That worry comes after 2 million construction workers were laid off during the recession. One trade group, the Associated General Contractors of America, announced a plan in Denver on Tuesday to draw more people into building trades. That plan included establishing charter schools focused on technical training, starting non-union apprenticeship programs and pushing for immigration reform.

Accused Colorado movie theater gunman seeks change of venue

By Keith Coffman DENVER (Reuters) - Lawyers for the man charged with mass murder in a 2012 shooting frenzy that left 12 people dead at a Colorado movie theater have asked that his upcoming trial be moved out of the suburban Denver county where the case has been prosecuted. Defense attorneys argued in their motion for a change of venue that James Holmes' right to a fair trial in Arapahoe County has been compromised by "pervasive media coverage" of the case locally and "the undeniable impact of the tragedy on the community itself."

Statewide hit-and-run roadside alerts become law in Colorado with measure honouring victim

DENVER - Colorado will be the first state to issue statewide roadside and broadcast alerts for hit-and-run crashes under a bill signed into law Tuesday. The law creates an Amber Alert-style notification system when authorities are looking for vehicles involved in serious hit-and-run crashes. The system includes quickly alerting the media and issuing bulletins on electronic highway signs that describe the fleeing vehicles. It will be implemented next year.

Colorado school suspends girl who shaved head to support friend with cancer

By Keith Coffman DENVER (Reuters) - A 9-year-old Colorado girl who shaved her head in support of her cancer-stricken friend was briefly suspended for violating her school's dress code before being allowed to return on Tuesday, her mother said. Jamie Renfro said in a Facebook post that Caprock Academy in Grand Junction, Colorado sent her daughter Kamryn home on Monday after she arrived with a bald head to show solidarity with an 11-year-old friend who lost her hair after undergoing chemotherapy.

Denver marijuana job fair seeks to link companies and employees

DENVER - Job seekers are expected to turn out in droves for a marijuana job fair in Denver. More than a dozen Colorado marijuana-related companies are joining forces to recruit hundreds of people 21 and older for positions in accounting, technology, advertising and selling the now-legal drug. The event Thursday is expected to draw about 700 job seekers. According to the Denver Post ( ), use of marijuana is prohibited in line or at the fair. ___ Information from: The Denver Post,

Colorado boy, 4, safe after being taken by car jacker, police chase

By Keith Coffman DENVER (Reuters) - A 4-year-old pajama-clad boy was left unattended in a vehicle that was carjacked by a fugitive and survived a high-speed police chase in the Denver area on Wednesday, police said. The suspect later carjacked two other vehicles and struck a police officer before his arrest.

Colorado officials report roughly $2M in recreational pot taxes in January, 1st month of sales

DENVER - Colorado made roughly $2 million in marijuana taxes in January, state revenue officials reported Monday in the world's first accounting of the recreational pot business. The tax total reported by the state Department of Revenue indicates $14.02 million worth of recreational pot was sold. The state collected roughly $2.01 million in taxes. Colorado legalized pot in 2012, but the commercial sale of marijuana didn't begin until January. Washington state sales begin in coming months.

Snowmobiler trapped in Colorado avalanche

By Keith Coffman DENVER (Reuters) - An avalanche tore down a southwestern Colorado mountainside on Wednesday burying five snowmobilers, one of whom remained unaccounted for, in a winter season that has already left at least 19 people dead, authorities said. The group set out from the town of Mancos and were snowmobiling in the rugged San Juan Mountains in the western state's remote Four Corners area when the slide occurred at an elevation of 10,500 feet, Montezuma County Undersheriff Lynda Carter said.
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