insurance
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Gov. Polis signs protections for ride-sharing passengers in hit-and-runs
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Ride-sharing companies, such as Lyft and Uber, will soon have to cover medical bills of passengers injured during hit-and-runs in their vehicles – thanks to Colorado legislation signed into law on Tuesday. Beginning in August, House Bill 1089 will require transportation network companies to carry uninsured motorist coverage on their auto policies. Currently, the companies…
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House passes bill banning courts from ordering juveniles to pay restitution to insurance
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State House members approved a bill on Monday to ban courts from ordering juveniles to pay restitution to insurance companies. House Bill 1373 seeks to prohibit courts from ordering juveniles to pay restitution to insurance companies, though it still allows the courts to mandate juveniles pay restitution to victims. From 2016 to 2020, 234 juveniles in…
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Q&A: Colorado Division of Insurance Commissioner Michael Conway
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Just days after the most destructive wildfire in Colorado’s history, Colorado Division of Insurance Commissioner Michael Conway called a virtual town hall for the hundreds of victims who lost their homes in Boulder County. The Marshall fire burned more than 6,000 acres between Louisville and Superior on Dec. 30, destroying almost 1,100 homes and businesses…
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Colorado panel advances bill to stop juveniles from paying restitution to insurance companies
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When Shawn Pollock was 15 years old, he was arrested and sent to the Lookout Mountain Youth Detention Center. He said he spent four years in custody trying to become a better person, with aspirations of attending college after his release. Those hopes were dashed when, after he was let out at 19, Pollock learned…
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Colorado legislature passes insurance coverage expansions for wildfire losses
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Victims of wildfires in Colorado may soon get more immediate and substantive help from insurance companies under statutory changes the Colorado legislature approved Wednesday. If signed into law, House Bill 1111 would increase the amount of lost property insurance providers have to cover upfront and extend the timeframe victims have to rebuild their homes. The…
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Colorado legislature passes protections for ride-sharing passengers in hit-and-runs
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In September 2020, Brian Fritts was riding in the back of a Lyft in Denver when another car crashed into the vehicle carrying him, running Fritts and his driver off the road and flipping the vehicle. Fritts woke up in a hospital with a broken jaw and multiple broken vertebrae in his neck. He had two…
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OUT WEST ROUNDUP | Sick mine workers allege insurer delaying medical payments
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MONTANA Sick mine workers allege insurer delaying payments BILLINGS – Attorneys for Montana mine workers sickened and killed by toxic asbestos exposure filed a lawsuit against Zurich American Insurance on March 21 for allegedly stalling legal settlements and medical payments after transferring the workers’ claims to investors who can profit off the delays. The lawsuit…
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Colorado House OKs expansions to insurance coverage of wildfire losses
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The Colorado House of Representatives approved legislation that, if enacted, would expand the way insurance companies handle wildfire losses in the state. House Bill 1111 seeks to increase the amount of lost property insurance providers have to cover upfront and extend the timeframe victims have to rebuild their homes. The proposed changes would only apply…
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Colorado’s justices swat down liability for individual insurance claim handlers
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A person may only hold insurance companies liable for the denial or delay of payments on a claim, and not individual claims handlers, the Colorado Supreme Court ruled on Monday. Multiple industry groups had written to the court arguing state law did not envision that claims adjusters could be held financially responsible for their decisions.…
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Colorado bill aims to create reporting requirements for health care sharing ministries
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Health care sharing ministries have surged in popularity in recent years, with supporters describing them as cheaper alternatives to insurance and opponents calling them misleading scams. Now, the Colorado legislature is tackling the issue. Introduced last month, House Bill 1269 would require non-insurance entities that cover health care costs to submit annual reports to the state, including…
