Story perspectives
Colorado Mandates 75% Premiums for Homeowner Claims
4/15/2025
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Story summary
- Colorado is shaking up its homeowners insurance landscape with bold reforms that mandate insurers allocate at least 75% of premiums to claims. Echoing the principles of the Affordable Care Act, this legislation champions fairness and accountability. Additionally, it launches a state-run wildfire reinsurance program and offers grants to help homeowners bolster their properties against devastating wildfires.
