Insurance Reform Legislation

UP and wildfire survivors applaud policyholder protection legislation introduced in Colorado.

United Policyholders is in our second year helping Boulder residents who were impacted by the September, 2010 “Fourmile Canyon” Wildfire. Through a series of educational workshops, outreach and services in coordination with Fourmile Fire Recovery Coordinator Garry Sanfacon and partners in the area, UP is helping people recover fair insurance settlements so they can repair and rebuild.

UP surveyed area residents and documented recovery obstacles including inadequate insurance for dwelling replacement and temporary living expenses. After the results were released, and after a packed public hearing where Colorado State Senator Claire Levy and Insurance Commissioner Jim Reisberg got an earful from frustrated residents, Levy introduced insurance reform legislation aimed at preventing similar recovery obstacles in the future. UP’s Karen Reimus provided key testimony at the hearing, and Amy Bach briefed the officials about reforms that have been adopted in other states. UP is grateful to Senator Levy for working to protect policyholders rights in Colorado and help future disaster victims.

The information presented in this publication is for general informational purposes and is not a substitute for legal advice. If you have a specific legal issue or problem, United Policyholders recommends that you consult with an attorney. Guidance on hiring professional help can be found in the “Find Help” section of www.uphelp.org. United Policyholders does not sell insurance or certify, endorse or warrant any of the insurance products, vendors, or professionals identified on our website.

Source: https://uphelp.org/insurance-reform-legislation/
Date: November 23, 2024