Colorado's Division of Insurance recovers $8.3 million for consumers in 2016

DENVER BUSINESS JOURNAL - In fiscal year 2015-16, 3,835 people in Colorado lodged a complaint against their insurance carrier.

That's life insurance, auto insurance, homeowners insurance and health insurance. Their insurance claims were denied, they said. Or, their insurance company only paid a portion of the claim and should have paid more.

 

All told, Colorado's Division of Insurance got about $8.3 million in claims paid to Colorado consumers. That is the amount for the calendar year 2016, but closely matches the fiscal year, a spokesman for the division said.

Read more at Denver Business Journal.

© 2017 American City Business Journals.


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