The Independent Insurance Claim Adjuster Resource

Colorado House Bill 10-1012 was introduced on January 13th, 2010 by freshman representative Sal Pace (email) of the House of Representatives in District 46 which serves Pueblo, Colorado, and by Morgan Carroll (email) who is a State Senator in District 29, which serves Aurora, CO.  Senator Carroll is also a consumer and civil rights attorney in a local mother-daughter law firm.  The complete bill history is available through the Colorado General Assembly.

HB10-1012 was actually created from a scenario where Pinnacol Assurance, a quasi-state powered mutual insurance company and workers’ compensation policy provider was perceived as having excessive surplus reserves that could help to cover Colorado budget short-falls. Read more…