CLICS/CLICS2023A/commsumm.nsf
PUBLIC
BILL SUMMARY For HB23-1174
SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
Date May 2, 2023
Location Old Supreme Court
HB23-1174 - Referred to Senate Appropriations
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08:09:02 PM |
Senators Baisley
and Roberts introduced House Bill 23-1174, concerning homeowner's insurance
underinsurance. The bill specifies what insurers must consider in
establishing replacement cost coverage for homeowners, and requires the
Division of Insurance to publish an annual report on replacement costs.
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08:14:48 PM |
Mrs. Kelly Campbell,
representing the American Property Casualty Insurance Association, testified
in a neutral position on the bill.
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08:16:04 PM |
Mr. Dan Jablan, representing Cherry Point Strategies, testified in a neutral position on the bill.
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08:16:56 PM |
Ms. Ashley Stolzmann, representing Boulder County, testified in support of the bill.
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08:20:27 PM |
Commissioner Michael Conway, representing the Colorado Division of Insurance, testified in support of the bill.
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08:23:06 PM |
Commissioner Rich Cimino, representing Counties & Commissioners Acting Together (CCAT), testified in support of the bill.
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08:26:47 PM |
Ms. Wendy Wyss, representing themself, testified in support of the bill.
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08:26:48 PM |
Additional written
testimony that was provided to the committee may be found in Attachment
B.
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08:34:27 PM |
Senator Baisley made closing comments on the merits of the bill.
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08:37:00 PM
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Motion |
Refer House Bill 23-1174 to the Committee on Appropriations. |
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| Moved |
Baisley |
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| Seconded |
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Baisley |
Yes |
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Coleman |
Excused |
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Ginal |
Yes |
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Hinrichsen |
Yes |
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Liston |
Yes |
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Sullivan |
Yes |
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Will |
Excused |
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Danielson |
Yes |
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Rodriguez |
Excused |
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Final |
YES: 6 NO: 0 EXC: 3 ABS: 0 FINAL ACTION: PASS |
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