1-Year Statute Of Limitations Does Not Apply To Bad Faith Claim Against Insurer

(June 11, 2018, 1:44 PM EDT) -- DENVER — The Colorado Supreme Court on May 29 determined that a one-year statute of limitations does not apply to a contractor’s bad faith claim alleged against a homeowners insurer because the one-year statute of limitations at issue applies only to suits involving penalties imposed under Colorado’s penal statutes (Rooftop Restoration, Inc., v. American Family Mutual Insurance Co., No. 17SA31, Colo. Sup., 2018 CO 44; 2018 Colo. LEXIS 438)....

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