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Code of Colorado Regulations eDocket
Details of Tracking Number
2016-00235
CCR details
| Tracking Number |
2016-00235 |
| 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 |
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Proposed rule
| Notice Filed with SOS |
05/11/2016 |
| Rule |
ProposedRuleAttach2016-00235.doc |
| Statutory Authority |
10-1-109, 10-2-104, 10-3-1110, 10-4-404(1), 10-11-118, and 10-11-124 (2) |
| Description of Subjects/Issues |
The purposes of this regulation are: to interpret and implement the title insurance code found in article 11 of title 10 of the Colorado Revised Statutes; to promote the public welfare by proscribing practices which, if not proscribed, could result in excessive, inadequate, or unfairly discriminatory rates for title insurance, and which practices, if not proscribed, could allow unlawful inducements, deceptive trade practices, and discriminatory acts, all of which are detrimental to the consumer and, in the aggregate, may threaten the solvency of title insurance companies and title insurance agents; and to ensure to the consumers the benefits of competition in the area of title insurance. |
| Purpose/Objective of Rule |
The purposes of this regulation are: to interpret and implement the title insurance code found in article 11 of title 10 of the Colorado Revised Statutes; to promote the public welfare by proscribing practices which, if not proscribed, could result in excessive, inadequate, or unfairly discriminatory rates for title insurance, and which practices, if not proscribed, could allow unlawful inducements, deceptive trade practices, and discriminatory acts, all of which are detrimental to the consumer and, in the aggregate, may threaten the solvency of title insurance companies and title insurance agents; and to ensure to the consumers the benefits of competition in the area of title insurance. |
| Comments |
Carey Michal |
| Submitted in response to issues raised by COLS/OLLS? |
No
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| Is this rule adopted in response to recent legislation? |
No
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| Hearing Date |
06/16/2016 |
| Hearing Time |
09:00 AM |
| Hearing Location |
1560 Broadway, Ste 850, Denver CO 80202 |
| Contact Name |
Christine Gonzales-Ferrer |
| Contact Title |
Rulemaking Coordinator |
| Contact Telephone |
303-894-2157 |
| Contact email |
christine.gonzales-ferrer@state.co.us |
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Adopted rule
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