Car rental companies are not ‘insurers,’ Colorado Supreme Court rules

Car rental companies are not ‘insurers,’ Colorado Supreme Court rules

The Colorado Supreme Court decided on Monday that car rental companies offering insurance policies are not also “insurers” under state law, who may be sued for their failure to pay out benefits on claims. By 4-3, the justices further concluded that Hertz Corp. was not a “de facto” insurer simply because it was heavily involved […]

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