Kicking And Honking

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Friday, March 23, 2007 at 2:34 pm

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.

Categories & Tags: Politics| | |

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