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Colorado Division of Insurance Recovered $8.5 Million for Consumers in 12 Months

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  • Colorado Division of Insurance Recovered $8.5 Million for Consumers in 12 Months

    Consumers pocketed $8.5 million rightfully owed them by their insurance companies between July 2016 and June of this year thanks to investigations performed by the Colorado Division of Insurance’s consumer services team.
    The $8,517,970 recovered for consumers is $358,868 more than the previous year, the report says. The money comes in the form of additional claim payments, overturned benefit denials or refunds. The two coverage areas where investigators recovered the largest sums were auto insurance ($2.9 million) and health insurance ($2.1 million).
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