Politics & Government

In Wake Of Marshall Fire, Insurance Commissioner Considers State Insurance Fund

As home insurers abandon California due to devastating wildfires, some worry Colorado could be next.

Rocky Mountain Insurance Information Association estimates the Marshall Fire will cost more than $2 billion, which will drive rates further.
Rocky Mountain Insurance Information Association estimates the Marshall Fire will cost more than $2 billion, which will drive rates further. (CBS)

As home insurers abandon California due to devastating wildfires, some worry Colorado could be next.

"It's something we need to be prepared for what the future could look like if we don't help the market stabilize and keep insurance companies here," said Colorado Insurance Commissioner Mike Conway.

Find out what's happening in Boulderfor free with the latest updates from Patch.

Read more at CBS Denver


CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.

Find out what's happening in Boulderfor free with the latest updates from Patch.

More from Boulder