Tag: State Farm
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Colorado Supreme Court narrows consumer protection law for insurance claims
The Colorado Supreme Court ruled on Monday that the legislature’s consumer protections requiring insurance companies to take certain steps before they allege a policyholder failed to cooperate do not apply to any obligation specifically laid out in the policy. In 2020, the legislature changed state law to limit insurance companies’ ability to assert a failure-to-cooperate defense when…
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Colorado justices agree to review insurance question that has divided federal judges
The Colorado Supreme Court granted a federal judge’s request on Friday to address an issue that has produced conflicting answers in policyholders’ lawsuits against insurance companies over unpaid benefits. “Parties (and judges) regularly spend undue time and money fighting in the pretrial context about a legal question that should be resolved once and for all…
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Colorado justices ponder scope of law curbing insurers’ ability to allege failure to cooperate
Members of the Colorado Supreme Court pondered a question last week that could have sweeping ramifications for those making insurance claims: When the legislature required insurance companies to take certain steps before accusing policyholders of failing to cooperate in an investigation, do those protections apply to every request an insurer might make? Leading up to…
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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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Marshall Fire: Victims face the agony of a long recovery
This is the first of an occasional series to tell the story of the recovery from the Dec. 30, 2021 Marshall Fire through the eyes of its victims. Andrey and Elena Grachev of Louisville celebrated the 18th anniversary — literally the day — of moving into their Centennial Heights home at 104 Vista Lane the morning of…