CO Insurance Press Releases

Colorado DOI Enforces Federal and State Transparency in Coverage Rules

The Colorado Division of Insurance (DOI) has been granted enforcement authority over federal Transparency in Coverage (TiC) requirements. This allows the DOI to monitor carrier compliance with state and federal TiC data rules and issue penalties. The state also passed SB24-080 to strengthen these rules.

Contaminated Gasoline Advisory for Vehicle Owners with Insurance Issues

The Colorado Division of Insurance issued an advisory for vehicle owners affected by contaminated gasoline and experiencing issues with their insurance carriers. The advisory provides guidance on filing claims and contact information for the Division of Insurance.

Colorado Option Plans Reduce Premiums and Out-of-Pocket Costs

The Colorado Division of Insurance announced findings from a Mathematica analysis showing the Colorado Option standardized health plans are reducing premiums and out-of-pocket costs for consumers. The analysis, required by state law, indicates the program is meeting its goals of improving affordability and accessibility.

Colorado DOI: Hail is Primary Driver of Homeowner Insurance Costs

Colorado's Division of Insurance released data showing hail accounts for 26-54% of homeowner insurance premiums statewide. Governor Polis and the DOI are seeking innovative solutions to lower these costs for homeowners, including potential legislation for roof fortification grants and a reinsurance program for wildfires.

Colorado Access to Join Individual Health Market in 2027

The Colorado Division of Insurance announced that Colorado Access will join the state's individual health insurance market for the 2027 Plan Year. This addition will bring the total number of carriers in the market to seven, increasing consumer choice.