Colorado consumers ripped off by unscrupulous insurance companies or agents can collect money that’s due them under a bill signed into law Monday by Gov. Bill Ritter.
The law, which takes effect in August, allows the Colorado Department of Regulatory Agencies and its Division of Insurance to demand repayment to consumers wronged by unlawful business practices. Previously, the state could only discipline a provider for misdeeds.
Repayments can be as little as $500. Consumer insurance information and complaint forms can be obtained at www.dora.state.co.us/insurance/consumer/consumer.htm.
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