Colorado Insurance Recoveries Up 93% Due to Wildfire Claims

The state helped Coloradans recover nearly $20 million in additional insurance payments last year, mostly from catastrophic wildfire claims.

A report released Tuesday found that the Colorado Division of Insurance recovered more than $19.6 million from investigating consumer complaints during the 2021-22 fiscal year -- an increase of 93% from the previous year.

The report attributed this unprecedented increase in recovered insurance funds to complaints related to the East Troublesome and Marshall fires.

‘The East Troublesome and Marshall fires were devastating to so many people, and the survivors continue to work through the impacts of that disaster,’ said Insurance Commissioner Michael Conway.

‘Naturally, catastrophic events like these will lead to more calls, questions and complaints about insurance. Our team has pursued complaints to recover millions for consumers and to make sure people are getting the coverage they have paid for.’