Craft v. Philadelphia Indemnity Insurance Co.

{1 We accepted jurisdiction pursuant to C.A.R. 21.1 to answer questions of state law certified to this court by the United States Court of Appeals for the Tenth Circuit regarding the applicability of the "notice-prejudice rule" to claims-made insurance policies.

12 Under the notice-prejfudice rule, an insured who gives late notice of a claim to his or her insurer does not lose coverage benefits unless the insurer proves by. a preponderance of the evidence that the late notice prejudiced its interests. Friedland v. Travelers Indem. Co., 105 P.3d 689, 643 (Colo.2005). We first adopted the rule…