Title 10 — Insurance

Cross references: For insurance under the "Uniform Consumer Credit Code - Insurance", see article 4 of title 5; for liability insurance for state and county employees, see article 14 of title 24; for requirements for companies writing compensation insurance, see article 44 of title 8; for professional liability insurance for professional service corporations for the practice of law, see C.R.C.P. 265.

Law reviews: For article, "Declaratory Judgment Actions to Resolve Insurance Coverage Questions", see 18 Colo. Law. 2299 (1989); for discussion of Tenth Circuit decisions dealing with insurance law, see 66 Den. U. L. Rev. 775 (1989); for discussion of Tenth Circuit decisions dealing with insurance law, see 67 Den. U. L. Rev. 747 (1990).

GENERAL PROVISIONS

Article 1 General Provisions

Part 1 GENERAL PROVISIONS

§ 10-1-101 Legislative declaration

§ 10-1-102 Definitions

§ 10-1-103 Division of insurance - division of insurance cash fund created - division subject to repeal - repeal of functions

§ 10-1-104 Commissioner of insurance - other employees

§ 10-1-105 Actuary

§ 10-1-106 Oath required of insurance commissioner and actuary

§ 10-1-107 Personal fees prohibited

§ 10-1-108 Duties of commissioner - reports - publications - fees - disposition of funds - adoption of rules - examinations and investigations

§ 10-1-109 Rules of commissioner

§ 10-1-110 Grounds and procedure for suspension or revocation of certificate or license of entities

§ 10-1-111 Invoking aid of courts

§ 10-1-112 Policy conditions required by other states

§ 10-1-113 No seal required on policies

§ 10-1-114 Sale of premium notes prohibited

§ 10-1-115 Penalty

§ 10-1-116 Defamation of other companies - penalty

§ 10-1-117 Company unauthorized in other states

§ 10-1-118 Foreign companies - unsatisfied judgments - suspension

§ 10-1-119 Insurance vending machines prohibited

§ 10-1-120 Reporting of medical malpractice claims

§ 10-1-120.5 Reporting of malpractice claims against nurses

§ 10-1-121 Reporting of malpractice claims against physical therapists

§ 10-1-122 Reporting of malpractice claims against architects

§ 10-1-123 Reporting of claims against plumbers

§ 10-1-124 Reporting of podiatric malpractice claims

§ 10-1-125 Reporting of malpractice claims against optometrists

§ 10-1-125.3 Reporting of malpractice claims against pharmacists and pharmacies

§ 10-1-125.5 Reporting of malpractice claims against naturopathic doctors

§ 10-1-125.7 Reporting of malpractice claims against audiologists

§ 10-1-126 Training program for persons working with the aging

§ 10-1-127 Discretionary use of administrative law judges

§ 10-1-128 Fraudulent insurance acts - immunity for furnishing information relating to suspected insurance fraud - legislative declaration

§ 10-1-129 Fraudulent insurance acts - enforcement

§ 10-1-130 Availability of sickness, health, and accident insurance

§ 10-1-131 Duties to third parties - rules

§ 10-1-132 Oversight of the general assembly

§ 10-1-133 Consumer insurance council - creation - advisory body - appointment of members - meetings - repeal

§ 10-1-134 Office of insurance ombudsman - plan - report to joint budget committee

§ 10-1-135 Reimbursement for benefits - limitations - notice - definitions - legislative declaration

§ 10-1-136 Insurance policies - language other than English - increasing access for non-English-speaking consumers - definitions

§ 10-1-137 Electronic delivery of documents - when permitted - definitions - consent - construction with other laws

§ 10-1-138 Internet posting of standard insurance provisions - conditions - notice of revisions

§ 10-1-139 Confidentiality

§ 10-1-140 Subpoena authority

§ 10-1-141 Investigations - rules

§ 10-1-142 Prohibition on denial of coverage or increase in premiums of insurance for living organ donors - commissioner to enforce - short title - definitions

§ 10-1-143 Study on homeowner's insurance - repeal

§ 10-1-144 Cost to reconstruct a home - annual report - homeowner's insurance affordability study - rules

§ 10-1-145 Study regarding standards for the remediation of residential premises after fire - required considerations - report - repeal

Part 2 EXAMINATIONS

§ 10-1-201 Legislative declaration

§ 10-1-202 Definitions

§ 10-1-203 Authority, scope, and scheduling of examinations

§ 10-1-204 Conduct of examinations - conferences - penalty

§ 10-1-205 Financial examination reports

§ 10-1-206 Conflict of interest

§ 10-1-207 Immunity from liability - prohibited activity

§ 10-1-208 Informal investigations

§ 10-1-209 Short title

§ 10-1-210 Market analysis procedures

§ 10-1-211 Protocols for market conduct actions

§ 10-1-212 Targeted, on-site market conduct examinations - rules

§ 10-1-213 Confidentiality requirements

§ 10-1-214 Market conduct surveillance personnel

§ 10-1-215 Fines and penalties

§ 10-1-216 Participation in national market conduct databases

§ 10-1-217 Coordination with other states through NAIC

§ 10-1-218 Additional duties of commissioner

Part 3 MARKET CONDUCT

§ 10-1-301 Legislative declaration

§ 10-1-302 Definitions

§ 10-1-303 Market analysis - market conduct surveillance

§ 10-1-304 Authority and scope of market conduct surveillance - rules - penalty

§ 10-1-305 Market conduct examinations

§ 10-1-306 Market conduct surveillance personnel

§ 10-1-307 Immunity from liability - prohibited activity

§ 10-1-308 Rules

§ 10-1-309 Confidentiality requirements

§ 10-1-310 Fines and penalties

§ 10-1-311 Participation in national market conduct databases

§ 10-1-312 Coordination with other states through NAIC

Article 2 Licenses

Part 1 GENERAL PROVISIONS

§ 10-2-101 Short title

§ 10-2-102 Scope - applicability

§ 10-2-103 Definitions

§ 10-2-104 Authority of commissioner - rules

§ 10-2-105 Insurance producer - exemptions from definition

Part 2 PRELICENSURE EDUCATION

§ 10-2-201 Prelicensure education - when required

§ 10-2-202 Exemption from prelicensure education requirements

§ 10-2-203 Course certification, registration, and review by commissioner

Part 3 CONTINUING EDUCATION

§ 10-2-301 Continuing education requirement - rules

Part 4 LICENSING AND APPOINTMENT OF INSURANCE PRODUCERS

§ 10-2-401 License required

§ 10-2-402 License examination requirement

§ 10-2-403 Exemption from license examination

§ 10-2-404 Application for license

§ 10-2-405 Residency - individuals - agencies

§ 10-2-406 Licensing of agencies

§ 10-2-407 License - definitions of lines of insurance - authority

§ 10-2-408 License - contents - continuation due date

§ 10-2-409 License - amendment - reissuance

§ 10-2-410 Temporary licensing

§ 10-2-411 Duplicate license

§ 10-2-412 Change of address - notification

§ 10-2-413 Fees

§ 10-2-414 Additional lines of authority - application for license

§ 10-2-414.5 Travel insurance - limited lines license - travel insurance producers - definitions - rules

§ 10-2-415 Appointment of insurance producer by insurer - continuation - exceptions

§ 10-2-415.5 Appointment of insurance producer - continuation - renewal - exceptions

§ 10-2-415.6 Bail bond reports required - repeal

§ 10-2-415.7 Termination of insurance producer bail bonding agent - notice - penalty

§ 10-2-416 Notification to the commissioner of termination

§ 10-2-416.5 Required availability to commissioner of list of producer appointees for enforcement purposes

§ 10-2-417 Public insurance adjusters - license required - financial responsibility - standards of conduct - rules

§ 10-2-418 Bail bonding authority

Part 5 NONRESIDENT LICENSES

§ 10-2-501 Reciprocity

§ 10-2-502 Nonresident licensing - qualification

§ 10-2-503 Commissioner as agent for service of process

Part 6 BANKS AND BANK HOLDING COMPANIES

§ 10-2-601 Financial institutions may sell insurance - where - regulation

§ 10-2-602 Sale of annuities and insurance by financial institutions - certain tying arrangements prohibited

§ 10-2-603 Bank sale of annuities - disclosure requirements

§ 10-2-604 Disclosures

§ 10-2-605 Misleading advertising

§ 10-2-606 Discrimination against affiliated agents

§ 10-2-607 Location of sales

Part 7 BUSINESS CONDUCT OF LICENSEES

§ 10-2-701 Assumed names - registration - rules

§ 10-2-702 Commissions

§ 10-2-703 Countersignature not required

§ 10-2-704 Fiduciary responsibilities

§ 10-2-705 Bail bond documents - requirements - rules

§ 10-2-706 Insurance producer designee - responsibility

§ 10-2-707 Business practices - price limits - collateral

Part 8 DISCIPLINARY ACTIONS

§ 10-2-801 Licenses - denial, suspension, revocation, termination - reporting of actions - definitions

§ 10-2-802 Surrender of license

§ 10-2-803 Notice of penalty, suspension, termination, revocation, or denial

§ 10-2-804 Investigation by commissioner

Part 9 REINSURANCE INTERMEDIARY MODEL ACT

§ 10-2-901 Short title

§ 10-2-902 Definitions

§ 10-2-903 Licensure

§ 10-2-904 Required contract provisions - reinsurance intermediary-producers

§ 10-2-905 Books and records - reinsurance intermediary-producers

§ 10-2-906 Duties of insurers utilizing the services of a reinsurance intermediary-producer

§ 10-2-907 Required contract provisions - reinsurance intermediary-managers

§ 10-2-908 Prohibited acts

§ 10-2-909 Duties of reinsurers utilizing the services of a reinsurance intermediary-manager

§ 10-2-910 Examination authority

§ 10-2-911 Penalties and liabilities

§ 10-2-912 Rules and regulations

Part 10 MANAGING GENERAL AGENTS ACT

§ 10-2-1001 Short title

§ 10-2-1002 Definitions

§ 10-2-1003 Licensure

§ 10-2-1004 Required contract provisions

§ 10-2-1005 Duties of insurers

§ 10-2-1006 Examination authority

§ 10-2-1007 Penalties and liabilities

§ 10-2-1008 Rules and regulations

Part 11 EFFECTIVE DATE - APPLICABILITY

§ 10-2-1101 Effective date - applicability

Article 3 Regulation of Insurance Companies

Part 1 GENERAL

§ 10-3-101 Formation of insurance companies

§ 10-3-102 Purpose of organization or admittance

§ 10-3-103 Names of companies

§ 10-3-104 Unauthorized companies - penalties

§ 10-3-105 Certificate of authority to do business - companies prohibited - definitions

§ 10-3-106 Deemed incorporated under corporation law

§ 10-3-107 Appointment of registered agent to receive service of process - commissioner required to maintain list - when service of process may be made on commissioner

§ 10-3-108 File duly certified copy of charter

§ 10-3-109 Reports, statements, assessments, and maintenance of records - publication - penalties for late filing, late payment, or failure to maintain

§ 10-3-110 Remuneration of company officials

§ 10-3-111 Violations - penalty

§ 10-3-112 Directors - terms - election - conflicts of interest - recovery of profits

§ 10-3-113 Increase of capital

§ 10-3-114 Violations - penalty

§ 10-3-115 License required of foreign companies

§ 10-3-116 Sale of stock without license - penalty

§ 10-3-117 License automatically extended - when

§ 10-3-118 Reinsurance - conditions - credit for reinsurance

§ 10-3-119 Application for receivership

§ 10-3-120 Investments of officers, directors, and principal stockholders

§ 10-3-121 Regulation of proxies, consents, or authorizations

§ 10-3-122 Duties of foreign companies

§ 10-3-123 Assessment accident associations

§ 10-3-124 Advertisement for insurance - requirement

§ 10-3-125 Redomestication of foreign insurers

§ 10-3-126 Alien insurers

§ 10-3-127 Domicile of nonprofit hospital, medical-surgical, and health services corporations

§ 10-3-128 Domestic insurer - requirement to maintain offices in this state

§ 10-3-129 Prohibition - display of social security number - insurance companies

§ 10-3-130 Certificate of authority application process - tracking compliance with uniform process

§ 10-3-131 Acts of producers - responsibility of insurer - definitions

Part 2 FINANCIAL AFFAIRS

§ 10-3-201 Cash capital - guaranty fund - deposit

§ 10-3-202 Surplus ascertained - disposition of

§ 10-3-203 Additional deposits - withdrawals

§ 10-3-204 Payment of dividends

§ 10-3-205 Manner of paying surplus

§ 10-3-206 Security deposits - certificates

§ 10-3-207 Fees paid by insurance companies

§ 10-3-207.5 Funding for insurance fraud investigations and prosecutions - creation of fund

§ 10-3-208 Financial statements

§ 10-3-209 Tax on premiums collected - exemptions - penalties - filing system - division to contract with third parties - rules - repeal

§ 10-3-210 Deposit and safekeeping of securities

§ 10-3-211 Deposit only admitted assets

§ 10-3-212 Insolvency or impairment of stock insurance company

§ 10-3-213 Investments eligible as admitted assets

§ 10-3-214 Quantitative investment limitations - manner of applying

§ 10-3-215 Evidences of indebtedness

§ 10-3-215.5 Investments in medium- and lower-grade obligations

§ 10-3-216 Mortgage loans

§ 10-3-217 Federally guaranteed or insured real estate loans

§ 10-3-218 Real estate for use in company's business

§ 10-3-219 Real estate acquired in satisfaction of indebtedness

§ 10-3-220 Real estate for production of income - definition

§ 10-3-221 Tangible personal property for production of income

§ 10-3-222 Policy loans

§ 10-3-223 Accounts in building or savings and loan associations

§ 10-3-224 Time deposits

§ 10-3-225 Transportation equipment interests

§ 10-3-226 Equity interests - definition

§ 10-3-227 Stock for purpose of reinsurance, consolidation, or merger

§ 10-3-228 Collateral loans

§ 10-3-228.5 Securities lending - repurchase - reverse repurchase - dollar roll transactions

§ 10-3-229 Investments for purposes of compliance in other jurisdictions

§ 10-3-230 Additional investments

§ 10-3-231 Valuation of investments

§ 10-3-232 Liens for certain purposes permitted

§ 10-3-233 Disposition of certain real estate

§ 10-3-234 Approval and record of investments

§ 10-3-235 Certain admitted assets deemed securities for deposit purposes

§ 10-3-236 Assets acquired through merger, consolidation, or reinsurance

§ 10-3-237 Assets acquired under prior law

§ 10-3-238 Refunds

§ 10-3-239 Subordinated indebtedness

§ 10-3-240 Approval of investments

§ 10-3-241 Prohibited investments

§ 10-3-242 Qualified money market funds - definition

§ 10-3-243 Derivative transactions - definitions - restrictions - rules

§ 10-3-244 Climate risk disclosure - insurer participation - rules - reporting - definition

Part 3 UNIFORM GUARANTY DEPOSITS

§ 10-3-301 Definitions

§ 10-3-302 Deposits required - when

§ 10-3-303 Deposits with commissioner

§ 10-3-304 Depositaries - responsibility

§ 10-3-305 Rights of depositors

§ 10-3-306 Release of deposits

§ 10-3-307 Commissioner order release

Part 4 DELINQUENCIES

§ 10-3-401 Legislative declaration

§ 10-3-402 Definitions

§ 10-3-403 Scope of part 4

§ 10-3-404 Determination of delinquency - procedure

§ 10-3-405 Direct supervision

§ 10-3-406 Protest of finding of delinquency

§ 10-3-407 Costs of direct supervision

§ 10-3-408 Conservatorship

§ 10-3-409 Protest of order of conservatorship

§ 10-3-410 Costs of conservatorship

§ 10-3-411 Penalties for noncompliance

§ 10-3-412 Review of action while under direct supervision

§ 10-3-413 Appeal from final determination or order of commissioner

§ 10-3-414 Nondisclosure of reports and evidence during period of direct supervision or conservatorship

Part 5 INSURERS' REHABILITATION AND LIQUIDATION

§ 10-3-501 Legislative declaration - intents and purposes

§ 10-3-502 Definitions

§ 10-3-503 Persons covered

§ 10-3-504 Jurisdiction - venue

§ 10-3-504.5 Application for receivership - penalty

§ 10-3-505 Injunctions - orders

§ 10-3-506 Cooperation of officers, owners, and employees

§ 10-3-507 Continuation of delinquency proceedings

§ 10-3-508 Condition on release from delinquency proceedings

§ 10-3-509 Court's seizure order

§ 10-3-510 Confidentiality of hearings

§ 10-3-511 Grounds for rehabilitation

§ 10-3-512 Rehabilitation orders

§ 10-3-513 Powers and duties of rehabilitator

§ 10-3-514 Actions by and against rehabilitator

§ 10-3-514.5 Immunity and indemnification of receiver and employees - applicability

§ 10-3-515 Termination of rehabilitation

§ 10-3-516 Grounds for liquidation

§ 10-3-517 Liquidation orders

§ 10-3-518 Continuation of coverage

§ 10-3-519 Dissolution of insurer

§ 10-3-520 Powers of liquidator

§ 10-3-521 Notice to creditors and others

§ 10-3-522 Duties of agents

§ 10-3-523 Actions by and against liquidator

§ 10-3-524 Collection and listing of assets

§ 10-3-525 Fraudulent transfers prior to petition

§ 10-3-526 Fraudulent transfer after petition

§ 10-3-527 Voidable preferences and liens

§ 10-3-528 Claims of holders of void or voidable rights

§ 10-3-529 Setoffs - effective date - applicability

§ 10-3-530 Assessments

§ 10-3-531 Reinsurers' liability

§ 10-3-532 Recovery of premiums owed

§ 10-3-533 Domiciliary liquidator's proposal to distribute assets

§ 10-3-533.5 Sale of insolvent insurer as a going concern

§ 10-3-534 Filing of claims

§ 10-3-535 Proof of claim

§ 10-3-536 Special claims

§ 10-3-537 Special provisions for third-party claims

§ 10-3-538 Disputed claims

§ 10-3-539 Claims of surety

§ 10-3-540 Secured creditors' claims

§ 10-3-540.5 Qualified financial contracts - definitions

§ 10-3-541 Priority of distribution - definitions

§ 10-3-542 Liquidator's recommendations to the court

§ 10-3-543 Distribution of assets

§ 10-3-544 Unclaimed and withheld funds

§ 10-3-545 Termination of proceedings

§ 10-3-546 Reopening liquidation

§ 10-3-547 Disposition of records during and after termination of liquidation

§ 10-3-548 External audit of receiver's books

§ 10-3-549 Conservation of property of foreign or alien insurers found in this state

§ 10-3-550 Liquidation of property of foreign or alien insurers found in this state

§ 10-3-551 Domiciliary liquidators in other states

§ 10-3-552 Ancillary formal proceedings

§ 10-3-553 Ancillary summary proceedings

§ 10-3-554 Claims of nonresidents against insurers domiciled in this state

§ 10-3-555 Claims of residents against insurers domiciled in reciprocal states

§ 10-3-556 Attachment, garnishment, and levy of execution

§ 10-3-557 Interstate priorities

§ 10-3-558 Subordination of claims for noncooperation

§ 10-3-559 Severability

Part 6 EXCHANGE OF INSURANCE SECURITIES ACT

§ 10-3-601 Short title

§ 10-3-601.5 Definitions

§ 10-3-602 Exchange of securities

§ 10-3-603 Acquiring corporation - definition

§ 10-3-604 Procedure for exchange

§ 10-3-605 Filing plan of exchange

§ 10-3-606 Effect of exchange

§ 10-3-607 Authorized insurance business and regulatory authority

§ 10-3-608 Domestic company and acquiring corporation separate and distinct entities

§ 10-3-609 Examination

§ 10-3-610 Application of this part 6

Part 7 CREDIT FOR REINSURANCE MODEL ACT

§ 10-3-701 Purpose

§ 10-3-702 Credit allowed to a domestic ceding insurer - rules - definitions

§ 10-3-703 Asset or reduction from liability for reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of section 10-3-702

§ 10-3-704 Qualified United States financial institutions

§ 10-3-705 Rules - definitions

§ 10-3-706 Reinsurance agreements affected

Part 8 INSURANCE HOLDING COMPANY SYSTEMS

§ 10-3-801 Definitions

§ 10-3-802 Subsidiaries of insurers

§ 10-3-803 Acquisition of control of or merger with domestic insurer - definitions

§ 10-3-803.5 Acquisitions involving insurers not otherwise covered - definitions

§ 10-3-804 Registration of insurers - rules - group capital calculation - liquidity stress test - exemptions

§ 10-3-805 Standards and management of an insurer within an insurance holding company system - rules

§ 10-3-806 Examination

§ 10-3-807 Supervisory colleges

§ 10-3-807.5 Group-wide supervision of internationally active insurance groups - information collection - cooperation - rules

§ 10-3-808 Confidential treatment

§ 10-3-809 Rules

§ 10-3-810 Injunctions - prohibitions against voting securities - sequestration of voting securities

§ 10-3-811 Criminal proceedings - civil penalties - definition

§ 10-3-812 Receivership

§ 10-3-813 Revocation, suspension, or nonrenewal of insurer's license

§ 10-3-814 Judicial review - mandamus

§ 10-3-815 Recovery of distributions or payments

§ 10-3-816 Conflict with other laws

Part 9 UNAUTHORIZED INSURANCE

§ 10-3-901 Short title

§ 10-3-902 Legislative declaration

§ 10-3-903 Definition of transacting insurance business

§ 10-3-903.5 Jurisdiction over providers of health-care benefits - rules

§ 10-3-904 Commissioner may enjoin unauthorized company

§ 10-3-904.5 Emergency cease-and-desist orders - issuance - rules - definition

§ 10-3-904.6 Emergency cease-and-desist orders - hearings - judicial review - violations

§ 10-3-904.7 Failure to pay penalties or restitution

§ 10-3-905 Service of process upon unauthorized company

§ 10-3-906 Validity of insurance contracts - liability under insurance contract

§ 10-3-907 Investigation and disclosure of insurance contracts

§ 10-3-908 Reporting of unauthorized insurance

§ 10-3-909 Unauthorized insurance premium tax

§ 10-3-910 Application of this part 9

Part 10 UNAUTHORIZED INSURERS PROCESS ACT

§ 10-3-1001 Short title

§ 10-3-1002 Legislative declaration

§ 10-3-1003 Service of process upon unauthorized insurer

§ 10-3-1004 Defense of action by unauthorized insurer

§ 10-3-1005 Attorney fees

Part 11 UNFAIR COMPETITION - DECEPTIVE PRACTICES

§ 10-3-1101 Legislative declaration

§ 10-3-1102 Definitions

§ 10-3-1103 Unfair methods of competition - unfair or deceptive acts or practices - prohibited

§ 10-3-1104 Unfair methods of competition - unfair or deceptive practices - rules - definitions

§ 10-3-1104.5 HIV testing - legislative declaration - definitions - requirements for testing - limitations on disclosure of test results - penalty

§ 10-3-1104.6 Genetic information - limitations on disclosure of information - liability - definitions - legislative declaration

§ 10-3-1104.7 Genetic testing - legislative declaration - definitions - limitations on disclosure of information - liability

§ 10-3-1104.8 Domestic abuse discrimination - prohibited

§ 10-3-1104.9 Insurers' use of external consumer data and information sources, algorithms, and predictive models - unfair discrimination prohibited - rules - stakeholder process required - investigations - definitions

§ 10-3-1105 Favored agent or insurer - coercion of debtors

§ 10-3-1106 Power of commissioner

§ 10-3-1107 Hearings

§ 10-3-1108 Orders

§ 10-3-1109 Penalty for violation of cease-and-desist orders

§ 10-3-1110 Rules

§ 10-3-1111 Provisions of part 11 additional to existing law

§ 10-3-1112 Immunity from prosecution

§ 10-3-1113 Information to trier of fact in civil actions

§ 10-3-1114 Construction of part 11

§ 10-3-1115 Improper denial of claims - prohibited - definitions - severability

§ 10-3-1116 Remedies for unreasonable delay or denial of benefits - required contract provision - frivolous actions - severability - definition - rules

§ 10-3-1117 Required disclosures - liability - definition

§ 10-3-1118 Failure-to-cooperate defense

§ 10-3-1119 Policy documents - language consistent with advertisement for product - definitions

Part 12 SYSTEMS FOR HOLDING AND TRANSFERRING SECURITIES

§ 10-3-1201 Legislative declaration

§ 10-3-1202 Definitions

§ 10-3-1203 Book-entry system

Part 13 MODEL QUALITY REPLACEMENT PARTS ACT

§ 10-3-1301 Short title

§ 10-3-1302 Legislative declaration

§ 10-3-1303 Definitions

§ 10-3-1304 Identification of parts

§ 10-3-1305 Disclosure

§ 10-3-1306 Unfair and deceptive acts

§ 10-3-1307 Liability

Part 14 MODEL RISK RETENTION ACT

§ 10-3-1401 Short title

§ 10-3-1402 Purpose

§ 10-3-1403 Authority of commissioner

Part 15 OWN RISK AND SOLVENCY ASSESSMENT (ORSA)

§ 10-3-1501 Purpose and scope - applicability - legislative declaration

§ 10-3-1502 Definitions

§ 10-3-1503 Risk management framework

§ 10-3-1504 ORSA requirement

§ 10-3-1505 ORSA summary report

§ 10-3-1506 Exemption

§ 10-3-1507 Contents of ORSA summary report

§ 10-3-1508 Confidentiality

§ 10-3-1509 Sanctions

§ 10-3-1510 Rules

§ 10-3-1511 Effective date

Part 16 CORPORATE GOVERNANCE ANNUAL DISCLOSURES

§ 10-3-1601 Purpose and scope - applicability - legislative declaration

§ 10-3-1602 Definitions

§ 10-3-1603 Disclosure requirement

§ 10-3-1604 Contents of corporate governance annual disclosure - rules

§ 10-3-1605 Confidentiality

§ 10-3-1606 Retention of third-party consultants - information sharing

§ 10-3-1607 Sanctions

§ 10-3-1608 Rules

Part 17 DOMESTIC STOCK INSURER DIVISION

§ 10-3-1701 Definitions

§ 10-3-1702 Plan of division - general requirements

§ 10-3-1703 Plan of division - dividing insurer to survive division

§ 10-3-1704 Plan of division - dividing insurer to not survive division

§ 10-3-1705 Amending plan of division

§ 10-3-1706 Abandoning plan of division

§ 10-3-1707 Approval of plan of division - articles of incorporation and bylaws

§ 10-3-1708 Commissioner approval of plan of division

§ 10-3-1709 Confidentiality - records

§ 10-3-1710 Certificate of division

§ 10-3-1711 After division is effective

§ 10-3-1712 Resulting insurers' liability for allocated assets and debts

§ 10-3-1713 Shareholder appraisal rights

§ 10-3-1714 Rules

§ 10-3-1715 Enforcement by commissioner

§ 10-3-1716 Merger or consolidation effective with division

Article 4 Property and Casualty Insurance

Part 1 GENERAL

§ 10-4-101 Legislative declaration

§ 10-4-101.5 Definitions

§ 10-4-102 Federal "voluntary fair access to insurance required, property insurance program" - state qualification

§ 10-4-103 Voluntary partial payment of liability claims without admission of liability

§ 10-4-104 Competency of minor to contract for insurance - nonavoidance

§ 10-4-105 Valuation of bonds and policies other than life

§ 10-4-106 Assigned risks

§ 10-4-106.5 Medical malpractice insurers - requirement to provide information to the department of public health and environment

§ 10-4-107 Cancellation of medical malpractice policies

§ 10-4-108 Notice

§ 10-4-109 Nonrenewal of medical malpractice policies

§ 10-4-109.5 Notice of intent prior to unilateral increase in premium or decrease in coverage previously provided in medical malpractice policies

§ 10-4-109.6 Medical malpractice insurers - protections relating to reproductive health care - definition

§ 10-4-109.7 Notice of intent prior to cancellation of certain policies of insurance

§ 10-4-110 Notice of intent prior to nonrenewal of certain policies of insurance

§ 10-4-110.3 Exclusions where claim involves sexual misconduct - void

§ 10-4-110.4 Exclusion - claims involving loss in progress not known to insured

§ 10-4-110.5 Notice of intent prior to unilateral increase in premium or decrease in coverage previously provided in certain policies of insurance

§ 10-4-110.6 Homeowner's insurance - definition

§ 10-4-110.7 Cancellation or nonrenewal - homeowner's insurance policies

§ 10-4-110.8 Homeowner's insurance - prohibited and required practices - estimates of replacement value - additional living expense coverage - copies of policies - personal property contents coverage - inventory of personal property - requirements concerning total loss scenarios resulting from wildfire disasters - definitions - rules

§ 10-4-110.9 Fire insurance - issuance and renewal of policies within federally designated disaster areas

§ 10-4-111 Summary disclosure forms required

§ 10-4-112 Property damage - time of payment

§ 10-4-113 Exemptions

§ 10-4-114 Requirements on hazard insurance coverage for loans secured by real property

§ 10-4-115 Private utilization review

§ 10-4-116 Use of credit information

§ 10-4-117 Loss history information report - notice to insured - definition

§ 10-4-118 Severability

§ 10-4-119 Monthly and electronic payment of premiums

§ 10-4-120 Unfair or discriminatory trade practices - legislative declaration

§ 10-4-121 Authority of insurer to protect policyholders' property - emergency

§ 10-4-122 Market study - property and casualty insurance - associations of common interest communities and lodging facilities owners - definitions - report - repeal

§ 10-4-123 Policy summary of major provisions - choice of language - penalty for insurer noncompliance - rules - definitions

§ 10-4-124 Homeowner insurance - underwriting - wildfire risk models - requirements - definitions - rules

Part 3 BONDS EXECUTED BY QUALIFIED SURETY COMPANIES

§ 10-4-301 Bond executed by surety company

§ 10-4-302 Release of surety - other security

§ 10-4-303 Application for release of surety - refund

§ 10-4-304 Place of deposit

§ 10-4-305 Bond part of expense

Part 4 RATE REGULATION

§ 10-4-401 Purpose - applicability

§ 10-4-402 Definitions

§ 10-4-403 Standards for rates - competition - procedure - requirement for independent actuarial opinions regarding 1991 legislation

§ 10-4-404 Rate administration

§ 10-4-404.5 Rating plans - property and casualty type II insurers - rules

§ 10-4-404.6 Legislative declaration - obtaining information of impact of changes in the civil justice system

§ 10-4-405 Filing of rating information - certain coverages - rules

§ 10-4-406 Review of filings - certain coverages

§ 10-4-407 Hearings

§ 10-4-408 Rating organization - study of workers' compensation rates - premium reductions - adoption of rules

§ 10-4-409 Rates furnished - cooperation among organizations

§ 10-4-410 Advisory organizations

§ 10-4-411 Joint underwriting

§ 10-4-412 Assigned risk motor vehicle insurance

§ 10-4-413 Records required to be maintained

§ 10-4-414 Examinations

§ 10-4-415 Prohibition against anticompetitive behavior

§ 10-4-416 Prohibiting changes in rates or coverages

§ 10-4-417 False or misleading information

§ 10-4-418 Enforcement procedures - penalties

§ 10-4-419 Claims-made policy forms

§ 10-4-419.5 Workers' compensation form certification

§ 10-4-420 Risk management procedures

§ 10-4-421 Notice of rate increases and decreases

Part 5 COLORADO INSURANCE GUARANTY ASSOCIATION ACT

§ 10-4-501 Short title

§ 10-4-502 Legislative declaration

§ 10-4-503 Definitions

§ 10-4-504 Scope

§ 10-4-505 Construction

§ 10-4-506 Colorado insurance guaranty association

§ 10-4-507 Board of directors

§ 10-4-508 Powers and duties of association

§ 10-4-508.5 Aggregate liability of association

§ 10-4-509 Plan of operation

§ 10-4-510 Duties and powers of commissioner

§ 10-4-511 Effect of paid claims

§ 10-4-512 Nonduplication of recovery

§ 10-4-513 Prevention of insolvencies

§ 10-4-514 Examination of association

§ 10-4-515 Tax exemption

§ 10-4-516 Recognition of assessments in rates

§ 10-4-517 Immunity

§ 10-4-518 Stay of proceedings

§ 10-4-519 Termination - distribution of funds

§ 10-4-520 Advertising

Part 6 AUTOMOBILE INSURANCE POLICY - REGULATIONS

§ 10-4-601 Definitions

§ 10-4-601.5 Administrative authority

§ 10-4-602 Basis for cancellation

§ 10-4-603 Notice

§ 10-4-604 Nonrenewal

§ 10-4-604.5 Issuance or renewal of insurance policies - proof of insurance provided by certificate, card, or other media

§ 10-4-605 Proof of notice

§ 10-4-606 Further notice

§ 10-4-607 Immunity

§ 10-4-608 Exemptions

§ 10-4-609 Insurance protection against uninsured motorists - applicability

§ 10-4-610 Property damage protection against uninsured motorists

§ 10-4-611 Elimination of discounts - damage by uninsured motorist

§ 10-4-612 Study concerning implementation of proof of insurance

§ 10-4-613 Glass repair and replacement

§ 10-4-614 Inflatable restraint systems - replacement - verification of claims - definition

§ 10-4-615 Motorist insurance identification database program - reporting required - fine

§ 10-4-616 Disclosure of credit reports

§ 10-4-617 Insurers - biannual fee - auto theft prevention authority

§ 10-4-618 Unfair or discriminatory trade practices - legislative declaration

§ 10-4-619 Coverage compulsory

§ 10-4-620 Required coverage

§ 10-4-621 Required coverages are minimum

§ 10-4-622 Required provision for intrastate and interstate operation

§ 10-4-623 Conditions and exclusions

§ 10-4-624 Self-insurers

§ 10-4-625 Premium payments

§ 10-4-626 Prohibited reasons for nonrenewal or refusal to write policy of automobile insurance applicable to this part 6

§ 10-4-627 Discriminatory standards - premiums - surcharges - proof of financial responsibility requirements

§ 10-4-628 Refusal to write - changes in - cancellation - nonrenewal of policies prohibited

§ 10-4-629 Cancellation - renewal - reclassification

§ 10-4-630 Exclusion of named driver

§ 10-4-631 Insurers to file rate schedule

§ 10-4-632 Reduction in rates for drivers aged fifty-five years or older who complete driver's education course - legislative declaration

§ 10-4-633 Certification of policy and notice forms

§ 10-4-633.5 Automobile insurance policies - plain language required - rules

§ 10-4-634 Assignment of payment for covered benefits

§ 10-4-635 Medical payments coverage - exceptions - definitions

§ 10-4-636 Disclosure requirements for automobile insurance products offered - rules

§ 10-4-637 No discrimination by profession

§ 10-4-638 Retroactive adjustment of health-care service claims

§ 10-4-639 Claims practices for property damage

§ 10-4-640 Operator's policy of insurance

§ 10-4-641 Rules - medical payments coverage

§ 10-4-642 Prompt payment of direct benefits - legislative declaration - definitions

§ 10-4-643 Electronic claim forms - rules

§ 10-4-644 Child restraint system - insurance coverage - definition

Part 10 FRAUDULENT CLAIMS AND ARSON INFORMATION REPORTING ACT

§ 10-4-1001 Short title

§ 10-4-1002 Definitions

§ 10-4-1003 Disclosure of information

§ 10-4-1004 Evidence - confidential

§ 10-4-1005 Immunity

§ 10-4-1006 Enforcement

§ 10-4-1007 Penalty

§ 10-4-1008 Municipal ordinances - concurrent jurisdiction - common law

§ 10-4-1009 Continuing duties of insurers - unfair claim settlement practices

Part 12 TRANSACTION OF BUSINESS WITH PRODUCER-CONTROLLED PROPERTY AND CASUALTY INSURERS

§ 10-4-1201 Definitions

§ 10-4-1202 Minimum standards

§ 10-4-1203 Disclosure

§ 10-4-1204 Penalties

§ 10-4-1205 Applicability

§ 10-4-1206 Effective date

Part 13 BLACK LUNG DISEASE INSURANCE JOINT UNDERWRITING ASSOCIATION

§ 10-4-1301 Legislative declaration

§ 10-4-1302 Definitions

§ 10-4-1303 Temporary joint underwriting association

§ 10-4-1304 Board of directors - authority

§ 10-4-1305 Plan of operation - annual certification

§ 10-4-1306 Deficits - assessment - rebate of surplus

§ 10-4-1307 Annual statements

§ 10-4-1308 Examinations

§ 10-4-1309 Legislative declaration - authority of commissioner - emergency rules - judicial review

§ 10-4-1310 Privileged communications

§ 10-4-1311 Tax exemption

Part 14 EXEMPTION FROM RATE AND APPROVAL REQUIREMENTS FOR INSURERS PROVIDING COVERAGE TO EXEMPT COMMERCIAL POLICYHOLDERS

§ 10-4-1401 Legislative declaration

§ 10-4-1402 Rules

§ 10-4-1403 Exemption from rate filing, approval, and form certification requirements

§ 10-4-1404 Multistate insurance risks - choice of law

Part 15 PORTABLE ELECTRONICS INSURANCE

§ 10-4-1501 Definitions

§ 10-4-1502 Licensure of vendors

§ 10-4-1503 Requirements for sale of portable electronics insurance

§ 10-4-1504 Authority of vendors of portable electronics

§ 10-4-1505 Suspension or revocation of license

§ 10-4-1506 Termination of portable electronics insurance

§ 10-4-1507 Application for license - fees

Part 16 CONSUMER GOODS SERVICE CONTRACTS

§ 10-4-1601 Definitions

§ 10-4-1602 Exemptions

§ 10-4-1603 Requirements for sale of consumer goods service contracts - definitions

§ 10-4-1604 Obligations of reimbursement insurance companies

§ 10-4-1605 Required disclosures - reimbursement insurance policy

§ 10-4-1606 Required disclosures - service contracts

§ 10-4-1607 Prohibited acts

§ 10-4-1608 Required record keeping

§ 10-4-1609 Enforcement provisions - rules

Part 17 SELF-STORAGE INSURANCE LIMITED LICENSES

§ 10-4-1701 Definitions

§ 10-4-1702 Authority to issue license

§ 10-4-1703 License - application - restrictions

§ 10-4-1704 Disclosures to occupant

§ 10-4-1705 Supervision of issuance - training

§ 10-4-1706 Compensation

§ 10-4-1707 Exemption from requirements

§ 10-4-1708 Notification

§ 10-4-1709 Enforcement

Part 18 FAIR ACCESS TO INSURANCE REQUIREMENTS

§ 10-4-1801 Short title

§ 10-4-1802 Legislative declaration

§ 10-4-1803 Definitions

§ 10-4-1804 Fair access to insurance requirements plan association - creation - participation required

§ 10-4-1805 Fair access to insurance requirements plan association - board of directors - membership - duties - report

§ 10-4-1806 FAIR plan - plan requirements - insurer requirements

§ 10-4-1807 Plan of operation - mandatory components - amendments - revocation by commissioner - rules

§ 10-4-1808 FAIR plans - requirements for licensed producers

§ 10-4-1809 Assessment of fees

§ 10-4-1810 Enforcement - suspension or revocation of certificate of authority - fines

§ 10-4-1810.5 Immunity - exceptions - remedies

§ 10-4-1811 Appeals - judicial review

§ 10-4-1812 Rules

Part 19 TRAVEL INSURANCE MODEL ACT

§ 10-4-1901 Short title

§ 10-4-1902 Scope and purpose

§ 10-4-1903 Definitions

§ 10-4-1904 Premium tax

§ 10-4-1905 Travel protection plans

§ 10-4-1906 Sales practices - definition

§ 10-4-1907 Travel administrators

§ 10-4-1908 Policy

§ 10-4-1909 Rules

Part 20 STRENGTHEN COLORADO HOMES ENTERPRISE

§ 10-4-2001 Legislative declaration

§ 10-4-2002 Definitions

§ 10-4-2003 Strengthen Colorado homes enterprise - creation - purpose - enterprise board - powers and duties - fee - fund - gifts, grants, or donations - rules - reporting - repeal

§ 10-4-2004 Strengthen Colorado homes enterprise grant program - application - eligibility criteria - award of grants - rules

§ 10-4-2005 Study regarding insurance risk in high-risk wildfire areas of the state - repeal

§ 10-4-2006 Severability

Article 5 Nonadmitted Insurance

§ 10-5-101 Short title

§ 10-5-101.1 Legislative declaration

§ 10-5-101.2 Definitions

§ 10-5-101.5 Exemptions

§ 10-5-102 Validity of certain contracts

§ 10-5-103 Conditions for export

§ 10-5-103.5 Producing broker's affidavit

§ 10-5-104 Endorsement of contract

§ 10-5-105 Surplus line insurance valid

§ 10-5-106 When export declared eligible

§ 10-5-107 Brokers may accept business from producers

§ 10-5-108 Placement of surplus lines insurance

§ 10-5-109 Records of surplus line broker

§ 10-5-110 Statement - rules

§ 10-5-111 Tax on premiums - filing system - division to contract with third parties - rules - definition

§ 10-5-111.5 Allocation of premium tax

§ 10-5-112 Penalty for failure to comply

§ 10-5-113 Revocation of broker's license

§ 10-5-114 Actions against insurer - service

§ 10-5-115 Authority of commissioner - assistance of brokers' association

§ 10-5-116 Records produced on order

§ 10-5-117 Rules and regulations

§ 10-5-118 Notice provisions not applicable to surplus lines

§ 10-5-119 Disclosures regarding claims-made policies by surplus line brokers or insurers

Article 6 Captive Insurance Companies

§ 10-6-101 Short title

§ 10-6-102 Legislative declaration

§ 10-6-103 Definitions

§ 10-6-104 Scope of article

§ 10-6-105 Employee benefits - minimum coverages

§ 10-6-106 Names of companies

§ 10-6-107 Formation and operation of captive insurance companies

§ 10-6-108 Control of operations

§ 10-6-109 Increase of capital

§ 10-6-110 Violations - penalty

§ 10-6-111 No seal required on policies

§ 10-6-112 Deemed incorporated under corporation law

§ 10-6-113 Authority to do business

§ 10-6-114 Reports and statements

§ 10-6-115 Grounds and procedure for suspension or revocation of certificate - review by commissioner

§ 10-6-116 Capital and surplus requirements

§ 10-6-117 Security deposits - certificates

§ 10-6-118 Deposit and safekeeping of securities and letters of credit

§ 10-6-119 Surplus - letter of credit

§ 10-6-120 Examinations and investigations

§ 10-6-121 Legal investments

§ 10-6-122 Reinsurance

§ 10-6-123 Filing of policy provisions - no requirement of filing for pure captive insurance companies

§ 10-6-124 Making of rates

§ 10-6-125 Filing of rates

§ 10-6-126 Rating organizations - membership

§ 10-6-127 Guaranty fund coverage - not required

§ 10-6-128 Tax on premiums collected - exemptions - penalties

§ 10-6-128.5 Penalties

§ 10-6-129 Rules of commissioner

§ 10-6-130 Laws applicable

Article 7 Life Insurance

Part 1 GENERAL

§ 10-7-101 Valuation of life policies

§ 10-7-102 Life insurance policies - requirements

§ 10-7-103 Life insurance policies - prohibition

§ 10-7-104 Exceptions

§ 10-7-105 Violation

§ 10-7-105.5 Lapse of life insurance policy - notice - affidavit of mailing or electronic transmission - legislative declaration

§ 10-7-106 Exclusive right of insured in proceeds

§ 10-7-107 Nonforfeiture benefits - applicability

§ 10-7-108 Regulating vouchers for disbursements

§ 10-7-109 Suicide no defense for nonpayment

§ 10-7-110 Minor's capacity to contract for life insurance and annuities and to exercise rights concerning same

§ 10-7-111 Minor's capacity to give acquittances for insurance or annuity payments

§ 10-7-112 Interest payable on benefits or proceeds

§ 10-7-113 Acceleration of benefits

§ 10-7-114 Actuarial opinion of reserves - definition - rules

§ 10-7-115 Insurable interest - 170 (c) organizations

§ 10-7-116 Military sales - rules

Part 2 GROUP LIFE INSURANCE

§ 10-7-201 Group life insurance

§ 10-7-202 Policy provisions

§ 10-7-203 Employer defined

§ 10-7-204 Reciprocal provisions

§ 10-7-205 Exemption from execution

§ 10-7-206 Issuance and valuation of policies - annual statement

§ 10-7-207 Assignment

Part 3 STANDARD NONFORFEITURE AND VALUATION ACT

§ 10-7-301 Short title

§ 10-7-301.5 Definitions

§ 10-7-302 Compulsory policy provisions

§ 10-7-303 Computation of cash surrender value

§ 10-7-304 Computation of nonforfeiture benefit

§ 10-7-305 Adjusted premiums

§ 10-7-305.1 Adjusted premiums for new policies

§ 10-7-305.2 Future premium determination - standards

§ 10-7-306 Calculation of values - supplemental rules

§ 10-7-306.1 Calculation of values - new policies

§ 10-7-307 Exemptions

§ 10-7-308 Waiver prohibited

§ 10-7-309 Minimum standard of valuation - rules

§ 10-7-309.5 Minimum standards of valuation for new policies - definition

§ 10-7-310 Life and endowment reserves

§ 10-7-310.5 Individual annuity and pure endowment reserves

§ 10-7-311 Minimum aggregate reserves

§ 10-7-312 Optional standards

§ 10-7-313 Minimum reserves

§ 10-7-313.1 Minimum reserves - exceptions

§ 10-7-313.2 Minimum standards for other coverages including accident and health insurance contracts - rules

§ 10-7-313.3 Valuation manual for policies issued on or after the operative date of the valuation manual - rules

§ 10-7-313.4 Requirements of a principle-based valuation

§ 10-7-313.5 Minimum reserves - exceptions

§ 10-7-313.6 Experience reporting for policies in force on or after the operative date of the valuation manual

§ 10-7-313.7 Minimum standards for other coverages

§ 10-7-313.8 Confidentiality - definitions

§ 10-7-313.9 Single state exemption

§ 10-7-314 Automatic premium loans

§ 10-7-315 Operative date

§ 10-7-316 Effect on existing policies

Part 4 VARIABLE CONTRACTS

§ 10-7-401 Sales not prohibited

§ 10-7-402 Investment contract funds - separate accounts

§ 10-7-403 Where benefits are payable in variable amounts

§ 10-7-404 Authority to issue variable contracts

§ 10-7-405 Construction

Part 5 STANDARD NONFORFEITURE LAW FOR INDIVIDUAL DEFERRED ANNUITIES

§ 10-7-501 Short title

§ 10-7-502 Exemptions

§ 10-7-503 Compulsory contract provisions

§ 10-7-504 Minimum nonforfeiture amounts - rules

§ 10-7-505 Computation of annuity benefit

§ 10-7-506 Computation of cash surrender benefit

§ 10-7-507 Computation of paid-up annuity nonforfeiture benefit

§ 10-7-508 Determination of maturity date

§ 10-7-509 Calculations of values - supplemental rules

§ 10-7-510 Effective date - applicability of part

§ 10-7-511 Rule-making authority

Part 6 VIATICAL SETTLEMENTS

§ 10-7-601 Short title

§ 10-7-602 Definitions

§ 10-7-603 Licensing

§ 10-7-604 Licensure - refusal to issue - suspension - revocation - refusal to renew

§ 10-7-605 Forms approval

§ 10-7-606 Annual reports

§ 10-7-607 Examinations

§ 10-7-608 Disclosures

§ 10-7-609 General requirements

§ 10-7-610 Limited purchase in incontestability period

§ 10-7-611 Advertising - legislative intent

§ 10-7-612 Fraudulent acts

§ 10-7-613 Penalties

§ 10-7-614 Unfair trade practices

§ 10-7-615 Rules

§ 10-7-616 No preemption - Colorado Securities Act - authority of division of securities

§ 10-7-617 Application

§ 10-7-618 Continuation of business

§ 10-7-619 Viatical settlements cash fund - created

§ 10-7-620 Severability

Part 7 INSURABLE INTEREST ACT

§ 10-7-701 Short title

§ 10-7-702 Definitions

§ 10-7-703 Insurance on the life of another

§ 10-7-704 Insurable interest

§ 10-7-705 Insured's own life

§ 10-7-706 Reliance on statements

§ 10-7-707 Consent of insured

§ 10-7-708 Prohibited practices

§ 10-7-709 Actions to recover death benefits

§ 10-7-710 Legitimate insurance transactions

Part 8 UNCLAIMED LIFE INSURANCE BENEFITS ACT

§ 10-7-801 Short title

§ 10-7-802 Definitions

§ 10-7-803 Insurers - duty to compare names of insureds with death master file and to locate beneficiaries

Article 8 CoverColorado

Part 3 REQUIRED HEALTH INSURANCE BENEFITS FOR ALCOHOLISM TREATMENT

§ 10-8-301

Part 4 REQUIRED HEALTH INSURANCE BENEFITS FOR HOME HEALTH SERVICES AND HOSPICE CARE

§ 10-8-401

Article 10 Credit Insurance

§ 10-10-101 Short title

§ 10-10-102 Legislative declaration

§ 10-10-103 Definitions

§ 10-10-104 Application of article

§ 10-10-105 Forms of credit life insurance and credit accident and health insurance

§ 10-10-106 Amount of credit insurance

§ 10-10-107 Term of credit insurance

§ 10-10-108 Provisions of policies and certificates of insurance - disclosure to debtors

§ 10-10-109 Filing form certification - filing of rating data - withdrawal of forms

§ 10-10-110 Premiums and refunds

§ 10-10-111 Issuance of policies

§ 10-10-112 Claims

§ 10-10-113 Existing insurance - choice of insurer

§ 10-10-114 Enforcement

§ 10-10-115 Judicial review

§ 10-10-116 Penalties

§ 10-10-117 Insurance expense not computed as cost of loan

§ 10-10-118 Charge accounts

§ 10-10-119 Truncated coverage

Article 11 Title Insurance

Part 1 TITLE INSURANCE CODE

§ 10-11-101 Short title

§ 10-11-102 Definitions

§ 10-11-103 Compliance with article required

§ 10-11-104 Corporate form required

§ 10-11-105 Financial requirements prior to this article

§ 10-11-106 Determination of insurability required

§ 10-11-107 Powers

§ 10-11-108 Prohibitions

§ 10-11-109 Unearned premium reserve

§ 10-11-110 Amount of unearned premium reserve - release

§ 10-11-111 Reserve for unpaid losses and loss expense

§ 10-11-112 Net retained liability

§ 10-11-113 Power to reinsure

§ 10-11-114 Legal investments and admitted assets

§ 10-11-115 Prior investments

§ 10-11-116 Title insurance agents licensed

§ 10-11-117 Title insurance agents - certain names prohibited

§ 10-11-118 Title insurance - rules

§ 10-11-119 Laws applicable

§ 10-11-120 Corporate existence preserved

§ 10-11-121 Application of article - other laws applicable

§ 10-11-122 Title commitments - rules

§ 10-11-123 Notification of severed mineral estates

§ 10-11-124 Affiliated business arrangements - rules - investigative information shared with division of real estate

§ 10-11-125 Fees, salaries, compensation, or other payments

§ 10-11-126 Affiliated business arrangements - enforcement - penalties

§ 10-11-127 Fiduciary responsibilities of title insurance entities - definition of fiduciary funds - deceptive act or practice - rules

Part 2 TITLE INSURANCE COMMISSION

§ 10-11-201 Title insurance advisory group - meetings - response by commissioner - subject to review - repeal

§ 10-11-202 Powers, duties, and functions - recommendations on rules

§ 10-11-203 Repeal of part

Article 12 Mutual Insurance

Part 1 MUTUAL INSURANCE COMPANIES AND MUTUAL PROTECTIVE ASSOCIATIONS

§ 10-12-101 Mutual protective associations

§ 10-12-102 Association to file articles - bylaws

§ 10-12-103 Noncompliance a misdemeanor - penalty

§ 10-12-104 Fees - annual statement - tax

§ 10-12-105 Guaranty fund of mutual companies

§ 10-12-106 Fees of mutual companies

§ 10-12-107 Ownership of profits

§ 10-12-108 Mutual insurance companies - corporation policyholders

§ 10-12-109 Mutual insurance companies - voting powers

§ 10-12-110 Mutual insurance companies - premiums and premium deposits

§ 10-12-111 Mutual life assessment companies prohibited - when

§ 10-12-112 Validation clause

Part 4 MUTUAL INSURANCE COMPANIES

§ 10-12-401 Legislative declaration

§ 10-12-402 Scope of provisions

§ 10-12-403 Mutual insurer defined

§ 10-12-404 Company name

§ 10-12-405 Applicability of other code and corporation code provisions

§ 10-12-406 Lines of business

§ 10-12-407 Bylaws

§ 10-12-408 Liability of members

§ 10-12-409 Dividends

§ 10-12-410 Insolvency or impairment of mutual insurance company

§ 10-12-411 Conversion of domestic mutual insurer to domestic stock or other form of insurer

Article 13 Interinsurance

§ 10-13-100.3 Definitions

§ 10-13-101 Interinsurance contracts

§ 10-13-102 Licensing of solicitors

§ 10-13-103 Declaration of subscribers

§ 10-13-104 Venue of actions - service of process

§ 10-13-105 Maximum indemnity on single risk

§ 10-13-106 Certificate of authority issued

§ 10-13-107 Reserve required

§ 10-13-108 Annual financial report

§ 10-13-109 Authority conferred on corporations

§ 10-13-109.5 Exchange may hold and convey real estate

§ 10-13-110 Noncompliance a misdemeanor

§ 10-13-111 Annual certification - revocation

§ 10-13-112 Annual filing fee - tax

§ 10-13-113 Additional penalties

§ 10-13-114 Laws applicable

Article 14 Fraternal Benefit Societies

Part 1 DEFINITIONS - STRUCTURE AND PURPOSE

§ 10-14-101 Definitions

§ 10-14-102 Fraternal benefit societies - what constitutes

§ 10-14-103 Lodge system - defined

§ 10-14-104 Representative form of government - defined

§ 10-14-105 Purposes and powers

Part 2 MEMBERSHIP

§ 10-14-201 Qualifications for membership

§ 10-14-202 Principal office - meetings - communications to members - grievance procedures

§ 10-14-203 No personal liability

§ 10-14-204 Waiver

Part 3 GOVERNANCE

§ 10-14-301 Organization

§ 10-14-302 Amendments to governing documents

§ 10-14-303 Institutions

§ 10-14-304 Reinsurance

§ 10-14-305 Consolidations and mergers

§ 10-14-306 Conversion of fraternal benefit society into a mutual or stock life insurance company

Part 4 CONTRACTUAL BENEFITS

§ 10-14-401 Benefits

§ 10-14-402 Beneficiaries

§ 10-14-403 Benefits not attachable

§ 10-14-404 Benefit contract

§ 10-14-405 Nonforfeiture benefits, cash surrender values, certificate loans, and other options

Part 5 FINANCIAL

§ 10-14-501 Investments

§ 10-14-502 Funds

§ 10-14-503 Exemptions

§ 10-14-504 Taxation

§ 10-14-505 Rules and regulations of commissioner

Part 6 REGULATION

§ 10-14-601 Valuation

§ 10-14-602 Reports

§ 10-14-603 Annual certificate of authority

§ 10-14-604 Cash capital

§ 10-14-605 Examination of societies

§ 10-14-606 Publications

§ 10-14-607 Grounds for injunction, liquidation, and receivership of domestic society

§ 10-14-608 Foreign or alien society - admission

§ 10-14-609 Suspension - revocation - denial of license of foreign or alien society

§ 10-14-610 Injunction

§ 10-14-611 Licensing of agents

§ 10-14-612 Unfair methods of competition and unfair and deceptive acts and practices

Part 7 MISCELLANEOUS

§ 10-14-701 Service of process

§ 10-14-702 Fees

§ 10-14-703 Review

§ 10-14-704 Penalties

§ 10-14-705 Exemption of certain societies

Article 15 Preneed Funeral Contracts

§ 10-15-101 Legislative declaration

§ 10-15-102 Definitions

§ 10-15-103 License procedure - records - examination of records - definition - rules

§ 10-15-103.5 Scope of article - exemptions

§ 10-15-104 Annual report

§ 10-15-105 Contract requirements - refund - full performance

§ 10-15-106 Preexisting contracts

§ 10-15-107 Deposit of funds with trustee

§ 10-15-108 Standard for investments by trustees

§ 10-15-109 Disbursements - excess trust assets

§ 10-15-110 Discharge of preneed contract - disbursements by trustees

§ 10-15-111 Insurance-funded preneed contracts

§ 10-15-111.5 Change of ownership - rules

§ 10-15-111.7 Disposition of unclaimed preneed funeral contracts - unclaimed property trust fund

§ 10-15-112 Rules

§ 10-15-113 Applicability of administrative procedure act

§ 10-15-114 Investigations - actions against licensees

§ 10-15-115 Injunctions - cease-and-desist orders

§ 10-15-116 Surrender of license

§ 10-15-117 Reinstatement of license

§ 10-15-118 Violation

§ 10-15-119 Immunity from prosecution

§ 10-15-120 Rule against perpetuities inapplicable

§ 10-15-121 Other insurance laws applicable

§ 10-15-122 Study of contract sellers - report - repeal

§ 10-15-123 Repeal of article

Article 16 Health-care Coverage

Part 1 GENERAL PROVISIONS

§ 10-16-101 Short title

§ 10-16-102 Definitions

§ 10-16-103 Proposal of mandatory health-care coverage provisions

§ 10-16-103.3 Commission on mandated health insurance benefits - cash fund - purpose - creation - duties - repeal

§ 10-16-103.4 Essential health benefits - requirements - rules

§ 10-16-103.5 Payment of premiums - required term in contract - rules - definition

§ 10-16-103.6 Copayment-only prescription payment structures - required inclusion in health benefit plans - rules

§ 10-16-104 Mandatory coverage provisions - applicability - rules - legislative declaration - definitions

§ 10-16-104.1 Prohibition on discrimination for organ transplants based solely on disability - definition

§ 10-16-104.2 Coverage for contraception - rules - definitions

§ 10-16-104.3 Health coverage for persons under twenty-six years of age - coverage for students who take medical leave of absence

§ 10-16-104.4 Child-only plans - legislative declaration - open enrollment - reporting requirements - repeal

§ 10-16-104.5 Autism - treatment - not mental illness - repeal

§ 10-16-104.6 Off-label use of cancer drugs

§ 10-16-104.7 Substance use disorders - court-ordered treatment coverage

§ 10-16-104.8 Behavioral, mental health, or substance use disorder services coverage - court-ordered

§ 10-16-104.9 Geographic areas for small employers

§ 10-16-105 Guaranteed issuance of health insurance coverage - individual and small employer health benefit plans

§ 10-16-105.1 Guaranteed renewability - exceptions - individual and small employer health benefit plans - rules - notice to revisor of statutes - repeal

§ 10-16-105.2 Small employer health insurance availability program

§ 10-16-105.3 Health benefit plans - not prohibited

§ 10-16-105.5 Individual health plans - federally eligible individual - limited guarantee issue

§ 10-16-105.6 Rate usage

§ 10-16-105.7 Health benefit plan open enrollment periods - special enrollment periods - rules

§ 10-16-105.9 Health benefit plan - carrier insolvency - covered persons - deductible amounts - rules - definition

§ 10-16-106 Group replacement - extension of benefits

§ 10-16-106.3 Uniform claims - billing codes - electronic claim forms

§ 10-16-106.5 Prompt payment of claims - legislative declaration - rules

§ 10-16-106.7 Assignment of health insurance benefits

§ 10-16-107 Rate filing regulation - benefits ratio - rules

§ 10-16-107.1 False or misleading information - penalties

§ 10-16-107.2 Filing of health policies - rules

§ 10-16-107.3 Health insurance policies - plain language required - rules

§ 10-16-107.4 Health-care sharing plan or arrangement - required reporting and certification - noncompliance - information posted on division website - rules

§ 10-16-107.5 Uniform application form - use by all carriers - rules

§ 10-16-107.7 Nondiscrimination against providers

§ 10-16-108 Continuation privileges

§ 10-16-108.3 Continuation privileges - special election period - notice requirements - definitions - repeal

§ 10-16-108.5 Fair marketing standards - rules

§ 10-16-109 Rules

§ 10-16-110 Fees paid by health coverage entities

§ 10-16-111 Annual statements and reports - rules

§ 10-16-112 Private utilization review - health-care coverage entity responsibility - definitions

§ 10-16-112.5 Prior authorization for health-care services - disclosures and notice - determination deadlines - criteria - limits and exceptions - enforcement - definitions - rules

§ 10-16-112.7 Use of artificial intelligence systems - utilization review - prohibition on payment for AI-delivered psychotherapy services - definitions

§ 10-16-113 Procedure for denial of benefits - internal review - rules - definitions

§ 10-16-113.5 Independent external review of adverse determinations - legislative declaration - definitions - rules

§ 10-16-113.7 Reporting the denial of benefits to division

§ 10-16-114 Short title

§ 10-16-115 Definitions

§ 10-16-116 Catastrophic health insurance - coverage - premium payments - reporting requirements - definitions - short title - rules - repeal

§ 10-16-116.5 State innovation waiver for nonemployer catastrophic health plans - notice of decision by secretary - effect of secretary's decision - notice to revisor of statutes - definitions - rules - state measurement for accountable, responsive, and transparent (SMART) government act report - repeal

§ 10-16-117 Premium payments - pre-tax - election - reporting requirements

§ 10-16-118 Prohibition against preexisting condition exclusions

§ 10-16-119 Requirements for excess loss or stop-loss health insurance used in conjunction with self-insured employer benefit plans under the federal "Employee Retirement Income Security Act" - data collection 2013-18 - rules

§ 10-16-119.5 Stop-loss health insurance for small employers of not more than fifty employees - requirements - definitions - rules

§ 10-16-120 Legislative review of requirements for guaranteed issue of basic and standard health benefit plans

§ 10-16-121 Required contract provisions in contracts between carriers and providers - definitions

§ 10-16-121.3 Limitations on provisions in contracts between carriers and licensed health-care providers - methods of payment - fees - definitions

§ 10-16-121.5 Prohibited contract provisions in contracts between carriers and providers for dental care services - definitions

§ 10-16-121.7 Prohibited contract provisions in contracts between carriers and eye care providers - definitions

§ 10-16-122 Access to prescription drugs

§ 10-16-122.1 Contracts between PBMs and pharmacies - carrier submit list of PBMs - PBM registration - fees - prohibited practices - exception - rules - enforcement - short title - definitions

§ 10-16-122.3 Pharmacy benefit management firm payments - retroactive reduction prohibited - enforcement - rules - dispensing fees - definitions

§ 10-16-122.4 Pharmacy benefits - formulary change prohibition - exceptions - enforcement - definition - rules

§ 10-16-122.5 Pharmacy benefit manager - audit of pharmacies - time limits on on-site audits - enforcement - rules

§ 10-16-122.6 Pharmacy benefit managers - contracts with pharmacies - maximum allowable cost pricing - enforcement - rules

§ 10-16-122.7 Disclosures between pharmacists and patients - carrier and PBM prohibitions - enforcement - short title - legislative declaration - preemption by federal law - rules

§ 10-16-122.8 Pharmacy benefit manager practices - agreements - fees - documentation - rules

§ 10-16-122.9 Prescription drug benefits - real-time access to benefit information - enforcement - definitions - rules

§ 10-16-123 Telehealth - definitions

§ 10-16-124 Prescription information cards - legislative declaration

§ 10-16-124.5 Prior authorization form - drug benefits - program - chronic maintenance drugs - rules of commissioner - definitions - repeal

§ 10-16-124.6 Drugs used for substance use disorder - prior authorization prohibited

§ 10-16-124.7 Opioid analgesics with abuse-deterrent properties - study - definitions

§ 10-16-124.8 Colorado consortium for prescription drug abuse prevention - create process for recovery - report

§ 10-16-125 Reimbursement to nurses

§ 10-16-126 Fee-for-service dental plans

§ 10-16-127 Coinsurance and deductibles

§ 10-16-128 Annual report to general assembly

§ 10-16-129 Health savings accounts

§ 10-16-130 Disclosure of rate increases to public entities - legislative declaration - definitions

§ 10-16-131 Health care reform project - blue ribbon commission for health care reform - repeal

§ 10-16-132 Study of factors driving health care costs in Pueblo county - repeal

§ 10-16-133 Health carrier information disclosure - website - insurance producer fees and disclosure requirements - legislative declaration - rules

§ 10-16-134 Health-care transparency - information required - website - definition

§ 10-16-135 Health coverage plan information cards - rules - standardization - contents

§ 10-16-136 Wellness and prevention programs - individual and small group health coverage plans - voluntary participation - incentives or rewards - rules - definitions - legislative declaration - repeal

§ 10-16-137 Policy forms - explanation of benefits - standardization of forms - rules

§ 10-16-138 Pathology services - direct billing required

§ 10-16-139 Access to care - rules - definitions

§ 10-16-140 Grace periods - premium payments - rules

§ 10-16-141 Medication synchronization services - cost sharing for partial refills - dispensing fees

§ 10-16-142 Physical rehabilitation services - copayments and coinsurance - research

§ 10-16-143 Single geographic rating area - individual plans - study - report - repeal

§ 10-16-143.5 Pharmacy reimbursement - substance use disorders - injections - patient counseling

§ 10-16-144 Health-care services provided by pharmacists

§ 10-16-145 Step therapy - limitations - exceptions - definitions - rules

§ 10-16-145.5 Step therapy - prior authorization - prohibited - stage four advanced metastatic cancer - non-opioid pain management drug - definitions

§ 10-16-146 Periodic updates to provider directory

§ 10-16-147 Parity reporting - commissioner - carriers - rules - examination of complaints

§ 10-16-148 Medication-assisted treatment - limitations on carriers - rules

§ 10-16-149 Commissioner report - parity effects on premiums - repeal

§ 10-16-150 Primary care payment reform collaborative - created - powers and duties - report - definition - repeal

§ 10-16-151 Cost sharing in prescription insulin drugs - limits - definition - rules

§ 10-16-152 HIV prevention and treatment medication - limitations on carriers - step therapy - prior authorization - study - repeal

§ 10-16-153 Coverage for opioid antagonists provided by a hospital - definition

§ 10-16-154 Disclosures - physical therapists - occupational therapists - chiropractors - acupuncturists - patients - carrier prohibitions - enforcement

§ 10-16-155 Actuarial reviews of proposed health-care legislation - division to contract with third parties - required considerations - confidentiality - limits on expenditures - rate filings - repeal

§ 10-16-155.5 Actuarial review of doula services - report - definition

§ 10-16-156 Prescription drugs - rebates - consumer cost reduction - point of sale - study - report - rules - definitions

§ 10-16-157 Alternative payment model parameters - parameters to include an aligned quality measure set - primary care providers - requirement for carriers to submit alternative payment models to the division - legislative declaration - report - rules - definitions

§ 10-16-158 Treatment of sexually transmitted infection - cost sharing - rules - definition

§ 10-16-159 Coverage for sterilization services - cost sharing

§ 10-16-160 Cost sharing - prescription epinephrine - limits - rules - definition

§ 10-16-161 Calculation of contribution to out-of-pocket and cost-sharing requirements - exception - definition - rules

§ 10-16-162 Prohibition on discrimination for coverage based solely on natural medicine consumption - definitions

§ 10-16-163 Contracts - health benefit plans - pharmacy benefit managers - policyholders - transparency requirements - rules - definitions

§ 10-16-164 Hospital facility fee report - data collection

§ 10-16-165 Dental coverage plans - dental loss ratio - rules - definitions

§ 10-16-166 Prohibition on using the body mass index or ideal body weight - medical necessity criteria - rules

§ 10-16-167 Medical aid-in-dying - carrier prohibitions

§ 10-16-168 Carriers - health care - price transparency - rules - legislative declaration - definitions

§ 10-16-169 Carriers - prescription drug coverage - transparency

§ 10-16-170 Delivery of notices and documents by electronic means - definitions - consent required - withdrawal of consent - employers - immunity from liability - posting of plans and endorsements on carrier website - applicability - rules

Part 2 SICKNESS AND ACCIDENT INSURANCE

§ 10-16-200.3 Definitions

§ 10-16-201 Form and content of individual sickness and accident insurance policies

§ 10-16-201.5 Renewability of health benefit plans - modification of health benefit plans

§ 10-16-202 Required provisions in individual sickness and accident policies

§ 10-16-203 Optional provisions in individual sickness and accident insurance policies

§ 10-16-204 Inapplicable or inconsistent provisions in individual policies of sickness and accident insurance

§ 10-16-205 Order of certain policy provisions in individual policies of sickness and accident insurance

§ 10-16-206 Third-party ownership of individual sickness and accident insurance policies

§ 10-16-207 Requirements of other jurisdictions

§ 10-16-208 Conforming to statute

§ 10-16-209 Application for policy

§ 10-16-210 Notice - waiver

§ 10-16-211 Age limit

§ 10-16-212 Exemption from attachment and execution

§ 10-16-213 Industrial sickness and accident insurance

§ 10-16-214 Group sickness and accident insurance

§ 10-16-215 Blanket sickness and accident insurance

§ 10-16-216 Examinations

§ 10-16-216.5 Hearing procedure and judicial review - violations - penalty

§ 10-16-217 Application of part 1 of this article and part 2

§ 10-16-218 Judicial review

§ 10-16-219 Benefits for care in tax-supported institutions - behavioral health disorders - mental health disorders - intellectual and developmental disabilities

§ 10-16-220 Minimum standards for sickness and accident plans

§ 10-16-221 Statewide health care review committee - creation - membership - duties - repeal

§ 10-16-222 Termination of policies

Part 3 NONPROFIT HOSPITAL, MEDICAL-SURGICAL, AND HEALTH SERVICE CORPORATIONS

§ 10-16-301 Legislative declaration

§ 10-16-302 Incorporation and organization - exemptions

§ 10-16-303 Filing of articles of incorporation

§ 10-16-304 Contents of articles

§ 10-16-305 Directors

§ 10-16-306 Contracts - benefits for long-term care insurance

§ 10-16-307 Authority to do business

§ 10-16-308 Automatic extension of certificate

§ 10-16-309 Requirements for certificate of authority

§ 10-16-310 Surplus - guarantee fund deposit - regulations

§ 10-16-311 Group benefits for depositors of banks - benefits for subscribers in public institutions

§ 10-16-312 Contracts with other organizations

§ 10-16-313 Licensing of representatives

§ 10-16-314 Payment for examinations of corporations

§ 10-16-315 Revocation of certificate - appeal

§ 10-16-316 Complaints

§ 10-16-317 Exemption of direct payment methods

§ 10-16-317.5 Assignment of benefits

§ 10-16-318 Prospective reimbursement

§ 10-16-319 Effective date

§ 10-16-320 Investment of funds

§ 10-16-321 Medicare supplement benefit standards

§ 10-16-322 Filing of health policies

§ 10-16-323 Conversion of corporation to mutual insurance company

§ 10-16-324 Conversion of corporation to a stock insurance company

§ 10-16-325 Termination of health policies

Part 4 HEALTH MAINTENANCE ORGANIZATIONS

§ 10-16-401 Establishment of health maintenance organizations

§ 10-16-402 Issuance of certificate of authority - denial

§ 10-16-403 Powers of health maintenance organizations

§ 10-16-404 Governing body

§ 10-16-405 Fiduciary responsibilities

§ 10-16-406 Evidence of coverage - rules

§ 10-16-407 Information to enrollees

§ 10-16-408 Open enrollment

§ 10-16-409 Complaint system

§ 10-16-410 Investments

§ 10-16-411 Protection against insolvency

§ 10-16-412 Statutory deposit

§ 10-16-413 Prohibited practices

§ 10-16-413.5 Return to home - legislative declaration - definitions

§ 10-16-414 Regulation of agents

§ 10-16-415 Powers of insurers and nonprofit hospital, medical-surgical, and health service corporations

§ 10-16-416 Examination

§ 10-16-417 Suspension or revocation of certificate of authority

§ 10-16-418 Rehabilitation, liquidation, or conservation of health maintenance organization

§ 10-16-419 Administrative procedures

§ 10-16-420 Penalties and enforcement

§ 10-16-421 Statutory construction and relationship to other laws

§ 10-16-421.5 Acquisition of control of or merger of a health maintenance organization

§ 10-16-422 Filings and reports as public documents

§ 10-16-423 Confidentiality of health information

§ 10-16-424 Commissioner's authority to contract

§ 10-16-425 Applicability of provisions

§ 10-16-426 Medicare supplement benefit standards

§ 10-16-427 Contractual relations

§ 10-16-428 Prohibition concerning state-funded medical assistance

§ 10-16-429 Termination of contract

Part 5 PREPAID DENTAL CARE PLANS

§ 10-16-501 Legislative declaration

§ 10-16-502 Establishment of prepaid dental care plan organizations

§ 10-16-503 Application for certificate of authority

§ 10-16-504 Issuance of certificate of authority

§ 10-16-505 Guarantee fund deposit

§ 10-16-506 Reserve requirement - exception

§ 10-16-507 Enrollee coverage by prepaid dental care plan organizations - form filing requirements

§ 10-16-508 Examination of prepaid dental care plan organization

§ 10-16-509 Operational expenses

§ 10-16-510 Suspension or revocation of certificate of authority

§ 10-16-511 Rehabilitation, liquidation, or conservation of prepaid dental care plan organization

§ 10-16-512 Other laws applicable

Part 6 ACCOUNTABILITY OF INDEPENDENT MEDICAL EXAMINERS TO THEIR PATIENTS

§ 10-16-601 Legislative declaration

§ 10-16-602 Definitions

§ 10-16-603 Independent medical examinations - governing standard

§ 10-16-604 Financial interest in future care of patient prohibited

§ 10-16-605 Independence of examiners

§ 10-16-606 Applicability

Part 7 CONSUMER PROTECTION STANDARDS ACT FOR THE OPERATION OF MANAGED CARE PLANS

§ 10-16-701 Short title

§ 10-16-702 Legislative declaration

§ 10-16-703 Applicability

§ 10-16-704 Network adequacy - required disclosures - balance billing - rules - legislative declaration - definitions

§ 10-16-705 Requirements for carriers and participating providers - definitions - rules

§ 10-16-705.5 Participating provider networks - definitions - selection standards - informal reconsideration - enforcement - legislative declaration

§ 10-16-705.7 Timely credentialing of providers by carriers - notice of receipt required - notice of incomplete applications required - delegated credentialing agreements - discrepancies - denials of claims prohibited - disclosures - recredentialing - enforcement - rules - definitions

§ 10-16-706 Intermediaries

§ 10-16-707 Enforcement

§ 10-16-708 Rule-making authority of commissioner

§ 10-16-709 Evaluation - nonparticipating health-care providers - legislative declaration - rules

§ 10-16-710 Reporting to commissioner - medication-assisted treatment - rules

Part 8 TASK FORCE TO EVALUATE HEALTH CARE NEEDS FOR COLORADO

§ 10-16-801

Part 10 HEALTH-CARE COVERAGE COOPERATIVES

§ 10-16-1001 Legislative declaration

§ 10-16-1002 Definitions

§ 10-16-1003 Privacy of health information

§ 10-16-1004 Health-care coverage cooperatives - establishment - fees

§ 10-16-1005 Issuance of certificate of authority by commissioner for cooperative to purchase health-care coverage

§ 10-16-1006 Authority to deny application for, revoke, or suspend certificate of authority

§ 10-16-1007 Prohibition on cooperatives transacting insurance business

§ 10-16-1008 Administrative structure of cooperatives - board of directors - officers - employees

§ 10-16-1009 Powers, duties, and responsibilities of cooperatives

§ 10-16-1010 Marketing requirements of cooperatives

§ 10-16-1011 Requirements for waivered health care coverage cooperatives - rules

§ 10-16-1012 Application of rating factors inside a waivered cooperative

§ 10-16-1013 Violations of article by persons involved with operations of cooperatives - enforcement - penalties

§ 10-16-1014 Technical assistance to authorized cooperatives from division of insurance

§ 10-16-1015 Health-care cooperatives - rule-making authority

§ 10-16-1016 State innovation waiver - authority to apply

Part 11 COLORADO REINSURANCE PROGRAM

§ 10-16-1101 Short title

§ 10-16-1102 Legislative declaration

§ 10-16-1103 Definitions

§ 10-16-1104 Commissioner powers and duties - rules - study and report

§ 10-16-1105 Reinsurance program - creation - enterprise status - subject to waiver or funding approval - operation - payment parameters - calculation of reinsurance payments - eligible carrier requests - definition

§ 10-16-1106 Accounting - reports - audits

§ 10-16-1107 Funding for reinsurance program - sources - permitted uses - reinsurance program cash fund - calculation of total funding for program

§ 10-16-1108 Special assessments against hospitals and carriers - rules - enforcement

§ 10-16-1109 State innovation waiver - federal funding - Colorado reinsurance program

§ 10-16-1110 Repeal of part - notice to revisor of statutes

Part 12 HEALTH INSURANCE AFFORDABILITY ACT

§ 10-16-1201 Short title

§ 10-16-1202 Legislative declaration

§ 10-16-1203 Definitions

§ 10-16-1204 Health insurance affordability enterprise - creation - powers and duties - assess and allocate enterprise fees and assessments

§ 10-16-1205 Health insurance affordability fee - special assessment on hospitals - allocation of revenues

§ 10-16-1206 Health insurance affordability cash fund - creation

§ 10-16-1207 Health insurance affordability board - creation - membership - powers and duties - subject to open meetings and public records laws - annual report - commissioner rules

§ 10-16-1208 Limitation on authority - public option

§ 10-16-1209 Repeal of certain provisions - notice to the revisor

§ 10-16-1210 Regulatory agenda - division review of regulation - repeal

§ 10-16-1211 Performance audit of the enterprise - repeal

§ 10-16-1212 Study concerning optimization of health insurance affordability programs - repeal

§ 10-16-1213 Bonds - investments - bonds eligible for investment and exempt from taxation

§ 10-16-1214 Report to joint budget committee - annual briefing

§ 10-16-1215 Rules

§ 10-16-1216 Tax credit for contributions to the enterprise - allocation notice - rules

Part 13 COLORADO STANDARDIZED HEALTH BENEFIT PLAN

§ 10-16-1301 Short title

§ 10-16-1302 Legislative declaration - intent

§ 10-16-1303 Definitions

§ 10-16-1304 Standardized health benefit plan - established - components - rules - independent analysis

§ 10-16-1305 Standardized health benefit plan - carriers required to offer - premium rates - rules

§ 10-16-1305.5 Rate filings

§ 10-16-1306 Failure to meet premium rate requirements - notice - public hearing - rules

§ 10-16-1307 Advisory board - members - rules

§ 10-16-1308 Federal waiver - commissioner application - use of money

§ 10-16-1309 Standardized plan - cost shift

§ 10-16-1310 Reports required - repeal

§ 10-16-1311 State measurement for accountable, responsive, and transparent (SMART) government act report

§ 10-16-1312 Rules

§ 10-16-1313 Severability

Part 14 COLORADO PRESCRIPTION DRUG AFFORDABILITY REVIEW BOARD

§ 10-16-1401 Definitions

§ 10-16-1402 Colorado prescription drug affordability review board - created - membership - terms - conflicts of interest

§ 10-16-1403 Colorado prescription drug affordability review board - powers and duties - rules

§ 10-16-1404 Colorado prescription drug affordability review board meetings - required to be public - exceptions

§ 10-16-1405 Colorado prescription drug affordability review board - reports from carriers and pharmacy benefit management firms required - confidential materials

§ 10-16-1406 Colorado prescription drug affordability review board - affordability reviews of prescription drugs

§ 10-16-1407 Colorado prescription drug affordability review board - upper payment limits for certain prescription drugs - rules - severability

§ 10-16-1408 Colorado prescription drug affordability review board - judicial review

§ 10-16-1409 Colorado prescription drug affordability advisory council - created - membership - powers and duties

§ 10-16-1410 Use of savings - report - rules

§ 10-16-1411 Unlawful acts - enforcement - penalties

§ 10-16-1412 Notice of withdrawal of prescription drugs with upper payment limits required - rules - penalty

§ 10-16-1413 Optional participating plans - notice of election to participate required

§ 10-16-1414 Reports

§ 10-16-1415 Exemption - prescription drugs derived from cannabis

§ 10-16-1416 Repeal of part

Part 15 340B PRESCRIPTION DRUG PROGRAM ANTI-DISCRIMINATION ACT

§ 10-16-1501 Short title

§ 10-16-1502 Legislative declaration

§ 10-16-1503 Definitions

§ 10-16-1504 Applicability - exclusions

§ 10-16-1505 Prohibition on 340B discrimination

§ 10-16-1506 Enforcement - rules

Article 18 Medicare Supplement Insurance

§ 10-18-101 Definitions

§ 10-18-102 Applicability and scope

§ 10-18-103 Standards for policy provisions - guarantee issue

§ 10-18-104 Minimum standards for benefits and claims payment

§ 10-18-105 Loss ratio standards and filing requirements

§ 10-18-106 Disclosure standards - regulations necessary for compliance with federal law

§ 10-18-107 Right to examine policy - right to refund of premium

§ 10-18-108 Advertising - copy provided to commissioner

§ 10-18-109 Penalties

Article 19 Long-term Care Insurance

§ 10-19-101 Short title

§ 10-19-102 Legislative declaration

§ 10-19-103 Definitions

§ 10-19-104 Scope and applicability of article

§ 10-19-105 Extraterritorial jurisdiction - group long-term care insurance

§ 10-19-106 Rules on disclosure

§ 10-19-107 Performance standards

§ 10-19-108 Requirements for preexisting conditions

§ 10-19-109 Requirements for prior hospitalization or institutionalization

§ 10-19-110 Loss ratio standards

§ 10-19-111 Right to return policy - free look

§ 10-19-112 Outline of coverage - certificate

§ 10-19-113 Option for inflation adjustment - renewability

§ 10-19-113.3 Incontestability period

§ 10-19-113.4 Nonforfeiture benefits - rules

§ 10-19-113.5 Requirement to offer basic and standard long-term care plans - advisory committee established

§ 10-19-113.6 Producer training requirements

§ 10-19-113.7 Rules

§ 10-19-114 Compliance

§ 10-19-114.5 Penalties

§ 10-19-115 Severability

Article 20 Life and Health Insurance Protection Association

§ 10-20-101 Short title

§ 10-20-102 Legislative declaration

§ 10-20-103 Definitions

§ 10-20-104 Coverage and limitations - coordination of benefits

§ 10-20-105 Construction

§ 10-20-106 Creation of the association

§ 10-20-107 Board of directors

§ 10-20-108 Powers and duties of the association

§ 10-20-109 Assessments

§ 10-20-110 Plan of operation - rules

§ 10-20-111 Powers and duties of the commissioner

§ 10-20-112 Prevention of insolvencies

§ 10-20-113 Credits for assessments paid - tax offsets

§ 10-20-114 Miscellaneous provisions - definition

§ 10-20-115 Examination of the association - annual report

§ 10-20-116 Tax exemptions

§ 10-20-117 Immunity

§ 10-20-118 Stay of proceedings - reopening default judgments

§ 10-20-119 Prohibited advertisement of association article in insurance sales - notice to owners, certificate holders, and enrollees

§ 10-20-120 Prospective application

Article 22 Colorado Health Benefit Exchange

§ 10-22-101 Short title

§ 10-22-102 Legislative declaration - intent

§ 10-22-103 Definitions

§ 10-22-104 Health benefit exchange - creation

§ 10-22-105 Exchange board of directors

§ 10-22-106 Powers and duties of the board

§ 10-22-107 Colorado health insurance exchange oversight committee - creation - duties - repeal

§ 10-22-108 Moneys for implementation, operation, and sustainability of the exchange

§ 10-22-109 Funding for the operation of the exchange and reserves - special fees - rules

§ 10-22-110 Tax credit for contributions to the exchange or enterprise - allocation notice - rules - repeal

§ 10-22-111 Tax exemption

§ 10-22-112 Health benefit exchange - referral to private insurance brokers - fees - rules

§ 10-22-113 Colorado affordable health care coverage easy enrollment program - advisory committee - creation - appointments - duties - definitions - repeal

§ 10-22-114 Standardized plan survey - repeal

§ 10-22-115 Public awareness and education campaign - board - report - repeal

Article 23 Cash-bonding Agents

§ 10-23-101 Definitions

§ 10-23-102 Registration required - qualifications - enforcement

§ 10-23-103 Registration requirements - application

§ 10-23-104 Fees

§ 10-23-105 Qualification bond - forfeiture

§ 10-23-106 Discipline - hearing - civil penalty

§ 10-23-107 Unlicensed practice - penalties

§ 10-23-108 Bail bond documents - requirements - rules

§ 10-23-109 Business practices - price limits - collateral

§ 10-23-110 Repeal of article - review of functions

Full text is available per section.