What's the Matter with Colorado?
By Richard M. Kaudy - What's the matter with Colorado? In Arizona, if an insurance company agrees it owes you money from your policy, you get that money. Borland v. Safeco Insurance Company, 147 Ariz. 195, 709 P. 2nd 552 (1985). Not in Colorado.
"Red Flags" of Auto Insurance Fraud
"Red Flags" of Auto Insurance Fraud by Richard M. Kaudy: Colorado law mandates car owners to buy liability and property damage insurance. Insurance spreads risk. Insurance transfers risk and economic power from us the insureds to the insurance company in exchange for money, called a "premium."