Fire damage to Colorado Springs Airport estimated at $5 million - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
April 24, 2018 Newswires
Share
Share
Post
Email

Fire damage to Colorado Springs Airport estimated at $5 million

Gazette, The (CO)

Fire damage to the Colorado Springs Airport will cost about $5 million to repair, while the cause of the blaze remains under investigation, officials said Monday.

The Colorado Springs City Council is considering an emergency appropriation so the airport can start repairs now before insurance claims are finalized. The council will vote on that appropriation Tuesday.

The three-alarm fire sparked late April 16 tore through the airport's roof, ceiling and office spaces. Nearby propane tanks - on site for roof repairs - fueled the flames further. Flights were halted but resumed early Wednesday.

Financial aid sparse for El Paso County residents who lost homes in fire

The airport, an enterprise of the city, has money on hand to make the repairs, but it needs permission to spend it, Aviation Director Greg Phillips told the council Monday.

The damage should be fully covered by insurance, but it's unclear when that money will be available, Phillips said.

With a council appropriation, he said, the repairs could be finished by Thanksgiving, the airport's busiest holiday weekend.

The airport already has spent about $300,000 on some repairs, Phillips said, and the "cataclysmic" damage destroyed the conference room where the council has met multiple times.

Without the appropriation, Councilman Don Knight said, the repairs could remain unaddressed through the end of the year. He and others on the council expressed support for Phillips' request.

Councilman Dave Geislinger asked Phillips to return with another request if the repair money could simultaneously be used to update the airport.

Phillips said he's already considered that route but will watch expenditures as they relate to the insurance claims.

"Rather than replacing the carpet with the same carpet that we had before, this may be an opportunity to look at a different flooring style," he said.

The airport's Novo Coffee and The Bristol Taproom remained closed Monday, Phillips said.

Credit: Conrad Swanson

Older

Paraguay ruling party candidate wins presidential election

Newer

A third of Brits can’t get travel cover

Advisor News

  • Why aligning wealth and protection strategies will define 2026 planning
  • Finseca and IAQFP announce merger
  • More than half of recent retirees regret how they saved
  • Tech group seeks additional context addressing AI risks in CSF 2.0 draft profile connecting frameworks
  • How to discuss higher deductibles without losing client trust
More Advisor News

Annuity News

  • Allianz Life Launches Fixed Index Annuity Content on Interactive Tool
  • Great-West Life & Annuity Insurance Company Trademark Application for “SMART WEIGHTING” Filed: Great-West Life & Annuity Insurance Company
  • Somerset Re Appoints New Chief Financial Officer and Chief Legal Officer as Firm Builds on Record-Setting Year
  • Indexing the industry for IULs and annuities
  • United Heritage Life Insurance Company goes live on Equisoft’s cloud-based policy administration system
More Annuity News

Health/Employee Benefits News

  • After loss of tax credits, WA sees a drop in insurance coverage
  • My Spin: The healthcare election
  • COLUMN: Working to lower the cost of care for Kentucky families
  • Is cost of health care top election issue?
  • Indiana to bid $68 billion in Medicaid contracts this summer
More Health/Employee Benefits News

Life Insurance News

  • Outlook 2026: With recent offerings, life insurance goes high-tech
  • Pioneering businessman, political and social leader Mack Hannah Jr., remembered
  • Allianz Life Launches Fixed Index Annuity Content on Interactive Tool
  • AM Best Affirms Credit Ratings of Orion Reinsurance (Bermuda) Ltd.
  • AM Best Affirms Credit Ratings of Prudential Financial, Inc. and Its Life/Health Subsidiaries
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

LIMRA’s Distribution and Marketing Conference
Attend the premier event for industry sales and marketing professionals

Get up to 1,000 turning 65 leads
Access your leads, plus engagement results most agents don’t see.

What if Your FIA Cap Didn’t Reset?
CapLock™ removes annual cap resets for clearer planning and fewer surprises.

Press Releases

  • Prosperity Life Group Appoints Nick Volpe as Chief Technology Officer
  • Prosperity Life Group appoints industry veteran Rona Guymon as President, Retail Life and Annuity
  • Financial Independence Group Marks 50 Years of Growth, Innovation, and Advisor Support
  • Buckner Insurance Names Greg Taylor President of Idaho
  • ePIC Services Company and WebPrez Announce Exclusive Strategic Relationship; Carter Wilcoxson Appointed President of WebPrez
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet