A measure defeated by a Colorado House committee would have set requirements for property/casualty insurers' appraisal process for homeowners, among other changes aimed at favoring policyholders. The insurance industry opposed the proposal because modifying the process could lead to a disproportionate sharing of risk among policyholders, PCI's Kelly Campbell said. "Whenever you change the claims process like that, an increase in premiums is possible," Campbell said.

Related Summaries