property insurance
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Colorado lawmakers roll out bipartisan plan aimed at lowering home insurance risk
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Rising homeowners’ insurance rates prompted a group of lawmakers to introduce a bill Wednesday aimed at reducing damage from hail and wildfire. The measure would encourage homeowners and homeowner associations to take additional mitigation steps and, in turn, could allow insurers to offer lower insurance rates once those steps are completed. Senate Bill 49 is…
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Colorado Supreme Court considers making it easier for late-filed home insurance claims to proceed
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The Colorado Supreme Court heard arguments on Tuesday in a pair of cases that could make it easier for homeowners to pursue late-filed property damage claims through their insurance policies. Under the longstanding approach to property coverage, the burden fell to homeowners to show that a claim filed beyond their policy deadline should nonetheless proceed…
