DORA and the State Insurance Commissioner

We were fortunate to hear from Jim Riesberg who is currently the Colorado State Insurance Commissioner. Earlier in his career, Jim was a middle school teacher for about 5 years but most recently served in the State House of Representatives. Jim's responsibility is to help regulate insurance companies in the State of Colorado under the Department of Regulatory Agency (DORA). Jim covers everything from property and casualty insurance to the structure that the new Affordable Care Act will require in our state. Along with the Affordable Care Act out State's recent fire situation has created a busy year for Jim and his colleagues. One tip that Jim gave us based on a majority of questions their office receives is to make sure you keep an inventory of anything with material value in your home. Jim explained that nobody knows what you own better than yourself so it cannot be the insurance companies' responsibility to cover something that you do not have record of. Jim's presentation also included a great deal of detail regarding the Affordable Care Act and specifically how it might affect us and our families.