Colo. Bad-Faith Law Said To Give Insureds Double Penalties

By Andrew Scurria (November 25, 2013, 8:46 PM EST) -- A Colorado law punishing insurers for unreasonably delaying or denying coverage allows for penalties of twice the unpaid benefit on top of the benefit itself, a federal judge ruled Monday, widening the exposure of a carrier accused of shirking a developer's construction defect defense....

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