More Than $7 Million Recovered by DOI in First Half of Year

The Colorado Division of Insurance reported Monday that it has recovered more than $7 million on behalf of consumers in the first six months of 2008.The DOI said the $7,092,149.51 recovered in the first half of 2008 is mostly in premium savings and recovered benefits. They include: $4.7 million recovered from insurers after investigation of customer complaints $2.2 million following the DOI's Rates, Forms and Actuarial Team's rate review $99,000 after market conduct exams ordered self-audits that uncovered instances of overcharging and denied benefi...