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Will the California wildfires have impact on Colorado insurance rates?

Devastating images of the wildfires burning in California have been underscored by the plight of many residents there who are dealing with an insurance crisis.

DENVER (KDVR) — Devastating images of the wildfires burning in California have been underscored by the plight of many residents there who are dealing with an insurance crisis.

Many big insurers are starting to pull coverage to avoid losses. According to Carole Walker with Rocky Mountain Insurance Association, it will most likely not affect Colorado’s insurance rates.