The Colorado House Economic and Business Development Committee held a public hearing March 22 on SB 15, a bill that would have restricted homeowner’s insurance carriers’ underwriting freedoms and their ability to provide consumers with rates that accurately reflect the consumer’s risk of loss exposure. The committee voted 9-4 to defeat the bill and then 8-5 to postpone it indefinitely, so that it is dead for the 2011 legislative session.
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