On Monday, April 25, 2016, the Colorado Supreme Court issued its decision in Travelers Prop. Cas. Co. v. Stresscon Co., No. 13SC815 (Colo. Apr. 25, 2016), holding that an insurer does not need to show prejudice to enforce a...more
4/27/2016
/ CO Supreme Court ,
Commercial General Liability Policies ,
Denial of Insurance Coverage ,
Indemnification ,
Insurance Industry ,
Notice Prejudice Rule ,
Notice Requirements ,
Policy Exclusions ,
Rebuttable Presumptions ,
Travelers Property Casualty Co. ,
Voluntary Payments
In Colorado, under the notice-prejudice rule, an insured who gives late notice of a claim to his or her liability insurer does not lose coverage benefits unless the insurer proves that the late notice prejudiced its...more