michael conway
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Colorado health insurance premiums to increase by 5.5% in 2025
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Coloradans will see their health insurance premiums increase by up to 5.5% next year, according to forecasts from the state’s insurance department. Gov. Jared Polis’ administration said that increase could have been more than four times higher if it hadn’t implemented a reinsurance program four years ago. During the 2019 legislative session, lawmakers passed House Bill…
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Insurance companies asked to extend coverage for Marshall fire victims
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Insurance companies with clients who lost homes in the Marshall fire had until Friday, the one-year anniversary of Colorado’s most destructive fire, to let Colorado’s Division of Insurance know if they’re going to extend coverage of those clients’ additional living expenses to 24 months. Commissioner Michael Conway sent the companies notice in early December. Superior…
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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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Louisville council favors letting Marshall fire victims ‘opt out’ of green building codes
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The Louisville City Council late Tuesday agreed to find a way for residents whose homes were destroyed by the Marshall fire to opt out of net-zero building code requirements that were implemented just weeks before the deadly Dec. 30 blaze. Members listened to more than two hours of emotional testimony from more than 60 residents,…
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Division of Insurance cancels part of federal waiver on Colorado Option that critics called price-fixing
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Colorado is moving forward on its plans to launch its state-designed standardized health insurance plan for individual and small group markets, but a waiver the state planned to pursue with the federal government had health care providers, including insurance companies, fuming. Critics said a portion of the waiver is an attempt at arbitrary price-fixing that could limit…
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Colorado House committee approves ‘reinsurance’ bill intended to lower health premiums
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A Democratic state lawmaker hopes a bill approved by the House Health and Insurance Committee Wednesday will lower the cost of health insurance premiums for Coloradans “who just can’t take it anymore.” But the measure is opposed by hospitals – particularly in rural Colorado – that don’t want to see their provider rates cut. House Bill 1168 would…