You were in a car accident, and injured in the crash. Now you have expensive medical bills, car repair bills and are unable to work for a few weeks. Who is responsible for paying damages under Colorado law?
The recent wildfires in California are racking up staggering losses for insurers, and are expected to rise above 3.3 billion dollars. The accumulated damages represent claims from thousands of homes that were lost or partially damaged, as well as those from thousands of destroyed cars. As the fires come under control, early investigations looking for the cause of the blaze are focusing on the possibility that high winds downed trees into power lines owned by the Pacific Gas and Electric company (PG&E). In order to prove that PG&E was to blame in the fires, however, investigators will have to uncover evidence, and this evidence may have been destroyed in the fire. This is a concern that investigators face not just when dealing with massive fires like the ones in Sonoma and Napa, but also when dealing with individual claims for fires that destroy or damage homes or businesses.
Colorado’s 2017 regular session has seen several significant bills introduced that could impact insurers, developers and contractors in construction defect claims. One bill would require mediation or arbitration in homeowners’ association claims alleging defects, even if the mediation or arbitration requirement in the governing documents has been amended or revoked. A second would require a court to apportion the costs of defense when more than one insurer has the duty to defend a party in a construction defect. A bill has also been introduced to define the term construction defect under the Construction Defect Action Reform Act.