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96BD29409B1F9C0C87258C4C007758B6 Hearing Summary




PUBLIC
BILL SUMMARY For HB25-1182

HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR
Date Mar 13, 2025      
Location Old State Library



HB25-1182 - Amended, referred to the Committee of the Whole

03:43:39 PM  
The committee took a recess.
03:53:42 PM  
The committee came back to order.
03:53:54 PM  
Representatives Titone
and Brown, co-prime sponsors, presented House Bill 25-1182: Risk Model
Use in Property Insurance Policies. The bill establishes requirements for
property insurers that use risk management models.
04:05:41 PM  
Commissioner Marsha
Porter-Norton, representing Counties & Commissioners Acting Together
(CCAT), testified in support of the bill. Julia Scanlon, representing CCAT,
testified in support of the bill. Ms. Paulette Church, representing the
Falls Creek Ranch Association HOA, testified in support of the bill. Commissioner
PT Wood, representing CCAT, testified in support of the bill.




The panel answered
questions from the committee.
04:16:37 PM  
Commissioner Ashley
Stolzmann, representing Boulder County, testified in support of the bill.
Elyse Howard, representing Habitat for Humanity Vail Valley, testified
in support of the bill. Mr. Jordan Haedtler, representing Climate Cabinet,
testified in support of the bill. Ms. Julie Brewen, representing Housing
Catalyst, testified in support of the bill.

04:29:29 PM  
Carole Walker, representing
Rocky Mountain Insurance Association, testified to amend the bill. Mr.
Daniel Furman, representing American Property Casualty Insurance Association,
testified to amend the bill. JulieAnna Anastassatos, representing Verisk,
testified in a neutral position on the bill. Mr. Steven Hawks, representing
Insurance Institute for Business & Home Safety, testified in a neutral
position on the bill.




The panel answered
questions from the committee members.
04:44:17 PM  
Ms.Tawnya Somauroo,
representing themself, testified in support of the bill. Michael Conway,
representing Division of Insurance, testified in support of the bill. Mr.
Joel Laucher, representing United Policyholders, testified in support of
the bill. Kinsey Hasstedt, representing Enterprise Community Partners,
testified in support of the bill. Brian Tanner, representing Colorado Association
of Realtors, testified in support of the bill. Ms. Cindy Latham, representing
Rotary Wildfire Ready, testified in support of the bill. Mr. Birch Barron,
representing Eagle County Emergency Management, testified in support of
the bill. Ann Imse, representing themself, testified in support of the
bill.




The panel answered
questions from the committee.




Written testimony
submitted to the committee may be found in Attachment B.

05:02:21 PM  
Representative Titone
explained Amendments L001 (Attachment C), L002 (Attachment D), L003 (Attachment
E), and L004 (Attachment F).


05:06:18 PM
Motion Adopt amendment L.001
Moved Lindstedt
Seconded Ricks
Armagost
Brooks
English
Lieder
Lindsay
Lindstedt
Marshall
Richardson
Rydin
Suckla
Weinberg
Woodrow
Ricks
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


05:07:31 PM
Motion Adopt amendment L.002
Moved Ricks
Seconded Lindstedt
Armagost
Brooks
English
Lieder
Lindsay
Lindstedt
Marshall
Richardson
Rydin
Suckla
Weinberg
Woodrow
Ricks
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


05:08:29 PM
Motion Adopt amendment L.003
Moved Ricks
Seconded Lindstedt
Armagost
Brooks
English
Lieder
Lindsay
Lindstedt
Marshall
Richardson
Rydin
Suckla
Weinberg
Woodrow
Ricks
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


05:09:23 PM
Motion Adopt amendment L.004
Moved Rydin
Seconded Lieder
Armagost
Brooks
English
Lieder
Lindsay
Lindstedt
Marshall
Richardson
Rydin
Suckla
Weinberg
Woodrow
Ricks
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
05:09:25 PM  
The bill sponsors gave closing remarks on the merits of the bill. Members of the committee explained their position on the bill.


05:18:20 PM
Motion Refer House Bill 25-1182, as amended, to the Committee of the Whole.
Moved Ricks
Seconded Marshall
Armagost No
Brooks No
English Excused
Lieder Yes
Lindsay Yes
Lindstedt Yes
Marshall Yes
Richardson No
Rydin Yes
Suckla Yes
Weinberg No
Woodrow Yes
Ricks Yes
Final YES: 8   NO: 4   EXC: 1   ABS:  0   FINAL ACTION:  PASS