Tag: Michael Conway
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Colorado health insurance premiums to increase by 5.5% in 2025
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save 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…
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‘Tipping point:’ Colorado homeowners face insurance coverage refusal in high-risk areas
The bad news dropped in an email. Marilyn Saltzman’s insurance company, Auto Owners, would not be renewing her homeowner’s policy even though she and her husband had cleared dry vegetation from the house, never filed a claim with them and never experienced a wildfire. None of it was enough. Since the $500 million East Troublesome…
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For some Marshall Fire victims, out-of-pocket costs are re-victimization
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The hits just keep coming for Sandy Quiller. The first “punch” landed Dec. 30, 2021, when the Marshall fire fueled by 100 mph wind gusts tore through dry open space grasses adjacent to her Superior townhome and destroyed it. Quiller’s was one of three unlucky buildings, out of 72 in her housing complex, which were…
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Insurance companies asked to extend coverage for Marshall fire victims
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. “It’s…
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Q&A: Colorado Division of Insurance Commissioner Michael Conway
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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Facebook Twitter WhatsApp SMS Email Print Copy article link Save 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…
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Marshall fire victims brace for insurance claims process
Gov. Jared Polis and Colorado Division of Insurance Commissioner Michael Conway assured almost 800 residents impacted by the Marshall fire that the state would “fight for consumers” during the insurance claims process. According to some estimates, the insurance costs related to the fire could be as high as $1 billion. The blaze burned more than…
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Division of Insurance cancels part of federal waiver on Colorado Option that critics called price-fixing
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save 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…