Rocky Mountain Insurance Information Association News

Wildfires, Hail Take Toll on Colorado Homeowners Insurance

It’s safe to say there’s a lot going on in the homeowners insurance scene in Colorado, where homeowners insurance rates are likely to be on the rise for some time. Insured losses from the recently doused Black Forest fire should …

Insurance Group: Colorado’s Black Forest Fire Likely to Top $100M

The official count on total insured losses from the Black Forest Fire in Colorado should be released soon, and the single most destructive wildfire in the state’s history is likely to exceed $100 million – marking two years in a …

Mistake Made Handling Colorado Waldo Canyon Fire: Report

A dispatcher made a mistake when she failed to relay a 911 call about a wildfire hours before it roared out of control, but no one knows if it would have made a difference in the damage it caused, according …

Colorado Springs Wildfire Expected To Create Jobs

Economists say a wildfire that burned 346 homes and scorched 28 square miles in the Colorado Springs area over the summer could provide an economic boost over the next five years. Insurance claims for the contents and homes damaged in …

Report: Insured Losses in Colorado Wildfires Nearly $450 Million

The two most destructive wildfires in Colorado’s history will cost insurers roughly $450 million, a regional insurance association said on Tuesday. The massive figure for insured losses comes from the total 600 homes destroyed and other damages, according to the …

Taking Account of Colorado’s Wildfires

As adjusters and homeowners have increasing access to fire damaged areas at the Waldo Canyon Fire in Colorado just how large a figure will result from what are likely to go down as the state’s two most destructive wildfires is …

Second Colorado Wildfire Makes for ‘Unprecedented’ Season

Following a fire that forced the evacuation of more than 32,000 people, Colorado continues to be plagued with an “unprecedented” wildfire season that’s shaping up to yield high-dollar values in terms of losses, an insurance industry veteran dealing with the …

Insurance Associations: West Wildfire Season Could Be Among Worst

As the fire season begins in the West insurance professionals who’ve been around for a while are calling this potentially one of the worst in recent memory. The season is shaping up to be “one of the most dangerous and …

Colorado Blaze Still At 0 Percent Containment

A blaze that may have been sparked by a prescribed burn conducted by the Colorado State Forest Service and ignited by high winds on Monday continues to burn with 0 percent containment, the Forest Service said Wednesday afternoon. “Our preliminary …