Colorado Division of Insurance (DORA) Commissioner Michael Conway has issued a new request to homeowners insurance companies to extend Additional Living Expenses (ALE) benefits for those affected by the Marshall Fire on December 30, 2021. This request for further extensions of ALE coverage echoes the concerns raised in my blog post, The Clock Is Ticking: Understanding the Need for Extended ALE Coverage After the Colorado Marshall Fires. The November 2023 request comes as many policyholders are still rebuilding their homes and approaching the two-year anniversary of the fire, which marks the expiration of their current ALE benefits.
