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Code of Colorado Regulations eDocket
Official Publication of the State Administrative Rules (24-4-103(11) C.R.S.)

Details of Tracking Number  2010-00686


CCR details

Tracking Number 2010-00686
Type of Filing Permanent Rule
Department 700 Department of Regulatory Agencies
Agency 702 Division of Insurance
CCR Number 3 CCR 702-3
CCR Title FINANCIAL ISSUES

Proposed rule

Notice Filed with SOS 07/30/2010
Rule ProposedRuleAttach2010-00686.RTF
Statutory Authority 10-1-108(7), 10-1-109, 10-7-114, and 10-14-505, C.R.S
Description of Subjects/Issues 3-1-8 CONCERNING ACTUARIAL OPINIONS AND MEMORANDUMS FOR LIFE COMPANIES AND FRATERNAL BENEFIT SOCIETIES
Purpose/Objective of Rule The purpose of this regulation is to prescribe: A. Guidelines and standards for statements of actuarial opinion, which are to be submitted in accordance with ??10-7-114 and 10-14-602, C.R.S. and for memorandums submitted in support thereof; B. Rules applicable to the appointment of an appointed actuary; and C. Guidance as to the meaning of ?adequacy of reserves.?
Comments Josh Urquhart
Submitted in response to issues raised by COLS/OLLS? No
Is this rule adopted in response to recent legislation?
Hearing Date 08/31/2010
Hearing Time 02:00 PM
Hearing Location 1560 Broadway, Ste 850, Denver, CO,80202
Contact Name Christine Gonzales-Ferrer
Contact Title Rulemaking Co-ordinator
Contact Telephone 303-894-2157
Contact email christine.gonzales-ferrer@dora.state.co.us

Adopted rule

Adopted Rules AdoptedRules02010-00686.RTF
Redline Redline2010-00686.RTF
Adopted Date 09/08/2010
AGO requested date 09/08/2010
Attorney General Opinion 09/28/2010
Effective Date 11/01/2010
Inserted into CCR 10/29/2010