A bill that would require some Colorado insurers to get prior regulatory approval for rate changes was revised to exclude auto coverage before a state House committee approved it.
The amendment was supported by insurance industry associations.
Christian Rataj, western state affairs manager for the National Association of Mutual Insurance Companies (NAMIC), said the bill was initially introduced as a health insurance matter. "And then someone just decided in the Legislature to add auto," he said. "That was what perplexed NAMIC and others in the industry."
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