Colorado homeowners’ market ‘on pins and needles’ as cat losses mount
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Colorado homeowners’ market ‘on pins and needles’ as cat losses mount

Colorado wild fire burns behind homes

Amid an increasingly challenging cat loss environment in Colorado, sources said carriers in the Centennial State have taken lessons from Florida and California, reacting quickly and decisively to avoid a similar fate – but some fear Colorado’s challenges may only be beginning.

Sources who spoke with Insurance Insider US said personal lines carriers have sought to restore profitability through a mix of rate hikes, policy restrictions and localized non-renewals and moratoriums on new business.

“Companies

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