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Criminal Restitution Prohibited for Insurers

Concerning prohibiting an insurer from receiving restitution through the criminal restitution process.

HB26-1017 2026 Regular Session Signed into Law Courts & Judicial

Cost estimates

At the first note read
$0
FACT January 27, 2026
At the last note read
$0
FACT July 15, 2026
What it actually cost
not published
No Colorado source reports spending for one bill

Every figure here is an estimate by Legislative Council Staff on the date shown, about the version of the bill in front of them that day. It is not a cost.

The appropriation

The note states no appropriation is required.

An appropriation is money the legislature sets aside. It is not money spent.

The appropriation field, read from the note: No appropriation is required.

Bill summary

     For the purpose of criminal restitution, the act excludes from the definition of 'restitution' losses for which a victim may be compensated through a private insurance policy, except for worker's compensation insurance. Current law defines a 'victim' as any person who has suffered losses because of a contractual relationship, including an insurance company. The act excludes a person from the definition of 'victim' because of a contractual relationship but clarifies that an insurance company is a 'victim' if the insurance company is a victim of a scheme to defraud the insurance company or when the insurance company's property is damaged or stolen through a criminal act. The act authorizes the court to award a victim restitution for a deductible amount under the victim's insurance policy. The act does not prohibit an insurance company from filing a civil action or pursuing any other civil action against a defendant to recover losses the insurance company has suffered.

FACT Bill summary by Colorado Legislative Council Staff, read 2026-09-23. Printed as published, word for word. Source: leg.colorado.gov (opens in a new tab)