How powerful is the insurance industry in Colorado?
Earlier in the week Sen. Lois Tochtrop, D-Thornton, announced plans to discard a bill that would have required auto-insurance policies to have $50,000 in additional medical coverage for drivers.
Tochtrop was the sponsor of the measure and said she would later submit a more water downed version of the proposal, after facing pressure and exaggerations from the insurance industry.During a hearing with Senate Local Government committee-the only hearing where the bill was discussed-two representatives from State Farm Insurance spoke in opposition to the bill, with one being a registered lobbyist.
Veteran lobbyist William Imig with Allstate also spoke against the bill, while 7 others spoke in favor of it.
Before that, the Farmers Insurance Employee and Agent Political Action Committee (PAC) gave $400 to Tochtrop’s campaign in September, according to Secretary of State records.
During the same month, Political Works LLC, a lobbying firm employed by Progressive Auto Insurance, gave $200. Lobbyist Michael Feeley, who represents the Colorado Insurance Coalition, also gave $200.
According to government records, Political Works was actively lobbying against the bill, along with Farmers Insurance and the Colorado Insurance Coalition.