Colorado Association of REALTORS | Insurance
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Insurance Tag

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Colorado Project Wildfire and Insurance Guide for September 2018

REALTORS® JOIN FORCES WITH INSURANCE AND WILDFIRE SAFETY ORGANIZATIONS TO OFFER PREPAREDNESS GUIDE FOR RESIDENTS   ENGLEWOOD, Colo. – Sept. 25, 2018 – With one of the most destructive wildfire seasons in state history burning homes and endangering communities, the Colorado Association of REALTORS® (CAR) has teamed up with the Rocky Mountain Insurance Information Association (RMIIA) and other state wildfire prevention and...

Denver Colorado Capitol Building at Night. Colorado State Capitol Located in Denver Colorado.

Breaking News: Flood Insurance Extension Passes Overwhelmingly

In a big win for REALTORS®, the National Flood Insurance Program will continue renewing or issuing new insurance for four more months under legislation overwhelmingly by the U.S. Senate today. The bill, which cleared the House last week, is expected to be signed into law before midnight tonight, when the program expires.   "We applaud lawmakers for taking this needed action to...

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Statement: NAR Applauds Rule Making REALTORS® Eligible to Participate in Association Health Plans

NAR Applauds Rule Making REALTORS® Eligible to Participate in Association Health Plans   WASHINGTON (June 19, 2018) – The U.S Department of Labor today finalized its rule to expand the definition of “employer” to include “working owners,” allowing real estate professionals and other self-employed individuals to participate in association health plans. The ruling also makes AHPs available to independent contractors who are offered...

National Flood Insurance Program Extended

On Thursday, September 7, the Senate voted to pass a three-month extension of the National Flood Insurance Program (NFIP). The House of Representatives passed the legislation on Friday, September 8, 2017, and the President signed the bill into law later that day.   This legislation ensures that the NFIP will not lapse on September 30, 2017, and will be extended until December...

Division of Insurance launches new online system for consumers to submit insurance related complaints

DENVER - The Colorado Division of Insurance (DOI) recently launched a new online system for consumers to submit their insurance complaints.   The mission of the DOI, part of the Department of Regulatory Agencies (DORA), is consumer protection. The DOI’s Consumer Complaint Portal enhances its customer service capabilities, and offers a fast, secure way for consumers to communicate their insurance-related complaints to...

Call for Action Coming Soon!

Ask your Representatives to pass H.R. 2874, “The 21st Century Flood Reform Act.” NAR is launching a Call for Action (CFA) on Tuesday, August 22nd!  This CFA will be sent to all REALTOR® members and will be asking the U.S. House of Representatives to pass H.R. 2874, “The 21st Century Flood Reform Act.” Click here for more information regarding the National Flood...

Campaign Fights Roofing Fraud in Colorado

A group of nonprofit, government, and business organizations are working together to fight roofing contractor fraud in Colorado with a new public education campaign called No Roof Scams. The Colorado Division of Insurance, part of the Department of Regulatory Agencies (DORA), in conjunction with the Better Business Bureau of Denver / Boulder, the Colorado Division of Homeland Security and Emergency Management,...

E&O Coverage More Important Than You Think

We all know insurance is important. There’s a reason we have coverage on our health, homes and lives. We understand why brokers in Colorado are required to carry errors and omissions (E&O) insurance.  The total paid claims against REALTORS® in Colorado annually is well into the millions of dollars. This includes all fees and legal expenses incurred defending claims.   So if...

REALTORS Work to Protect Members/Homeowners in Flood Zones

As Colorado is in the midst of experiencing one of the worst floods since 1976 it is important for Colorado REALTORS® to stay updated on the National Flood Insurance Program and the changes in the federal subsidy of flood insurance. Those changes will result in increases in the premiums charged for flood insurance coverage. That means that a buyer who...