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      "text": "The magnitude of the difference between rate adjustments undertaken in the state vs the rest of the country highlights the industry’s perspective on the profitability of homeowner policies in the state.",
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      "text": "The magnitude of the difference between rate adjustments undertaken in the state vs the rest of the country highlights the industry's perspective on the profitability of homeowner policies in the state.",
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      "text": "¹: DCC stands for Defense & Cost-Containment Expenses. It refers to the costs of adjusting a specific claim, and represents roughly 1%-2% of Earned Premiums for the “Homeowners Multi-Peril”.",
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      "text": "The Colorado “Homeowners Multi-Peril” market has been struggling over the recent years from a profitability standpoint. Colorado’s Loss & DCC ratios have consistently been above countrywide averages, leading each time to an underwriting loss for the industry:",
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