Browsing: utilities

Colorado lawmakers have amended a bill that initially sought to drive down home insurance prices by asking utilities to pay tens of millions into a fund, instead placing the financial burden on homeowners through a 0.5% fee on insurance policies.

A new bill in Colorado proposes that utilities invest in a reinsurance program to lower home insurance costs and reduce their financial liability for wildfires, sparking a debate with insurance companies.

Industry representatives express worries about legislation that could impact home insurance pricing and coverage in the face of increasing wildfire risk.

Attorney General Letitia James details the top 10 consumer complaints filed in New York, highlighting the prevalence of scams and fraudulent practices.