The Division is seeking informal comments on the following DRAFT proposed new bulletin:
The Division is aware that some policyholders may not have the ability to complete the rebuild of a total loss home due to a wildfire within the insurer’s policy timelines. The purpose of this Bulletin is to inform insurers of the Division’s position concerning delays in claim handling for policyholders who have suffered a total loss during a catastrophic disaster, which may further delay rebuilding of the property.
The Division is requesting informal comments be submitted to DORA_INS_RulesandRecords@state.co.us no later than 5 PM, October 20, 2021.
This draft bulletin, as well as other draft bulletins currently released for informal public comment, can be found on our page for Draft Regulations and Bulletins for Informal Comments.