New data reveals that hail, rather than wildfires, is the primary factor driving high insurance rates in Colorado. Historically known for its wildfire risks, Colorado has experienced a significant shift with damaging hail storms affecting many residents and businesses. This has led to increased claims and inflated premiums, particularly impacting homeowners who face frequent hail damage during storm seasons. Insurers are adjusting their risk assessments and pricing models to accommodate the new data, reflecting the growing prevalence of hail-related damage. Homeowners and business owners are encouraged to explore protective measures and seek policies that specifically cover hail damage to mitigate financial impacts. This development underscores the necessity for staying informed about evolving climatic challenges and their implications on insurance costs. Understanding these trends helps Colorado residents make informed decisions about their coverage options and prepare for severe weather conditions.
CBS NewsNew data shows smarter solutions to change-of-mind returns as retailers crack down
August 3, 2026
In a bid to address the rising costs associated with change-of-mind returns, many retailers are implementing stricter policies. However, recent data suggests that a more