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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  2017-00406


CCR details

Tracking Number 2017-00406
Type of Filing Permanent Rule
Department 700 Department of Regulatory Agencies
Agency 702 Division of Insurance
CCR Number 3 CCR 702-1
CCR Title ADMINISTRATIVE PROCEDURES

Proposed rule

Notice Filed with SOS 08/31/2017
Rule ProposedRuleAttach2017-00406.doc
Statutory Authority 10-1-109, 10-2-104, 10-3-109(3), and 10-16-109
Description of Subjects/Issues 1-1-8 PENALTIES AND TIMELINES CONCERNING DIVISION INQUIRIES AND DOCUMENT REQUESTS The purpose of this regulation is to prescribe the time period in which all persons and entities shall respond to Colorado Division of Insurance inquiries, including, but not limited to, document and information requests during market conduct and financial examinations, investigations of complaints, and any other formal or informal investigation or examination conducted for the purpose of determining compliance with Colorado insurance law. In addition, the purpose of this regulation is to prescribe the penalties for failure to respond to Division inquiries within the timeframes specified in this regulation.
Purpose/Objective of Rule The purpose of this regulation is to prescribe the time period in which all persons and entities shall respond to Colorado Division of Insurance inquiries, including, but not limited to, document and information requests during market conduct and financial examinations, investigations of complaints, and any other formal or informal investigation or examination conducted for the purpose of determining compliance with Colorado insurance law. In addition, the purpose of this regulation is to prescribe the penalties for failure to respond to Division inquiries within the timeframes specified in this regulation.
Comments Carey Michal
Submitted in response to issues raised by COLS/OLLS? No
Is this rule adopted in response to recent legislation? No
Hearing Date 10/03/2017
Hearing Time 12:00 PM
Hearing Location 1560 Broadway, Ste 110 D, 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

Adopted rule

Adopted Rules AdoptedRules02017-00406.doc
Redline Redline2017-00406.doc
Adopted Date 10/12/2017
AGO requested date 10/12/2017
Attorney General Opinion 10/23/2017
Colorado Register publication date 11/10/2017
Effective Date 01/01/2018
Inserted into CCR 01/08/2018