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Code of Colorado Regulations eDocket
Details of Tracking Number
2022-00549
CCR details
| Tracking Number |
2022-00549 |
| Type of Filing |
Permanent Rule |
| Department |
700 Department of Regulatory Agencies |
| Agency |
702 Division of Insurance |
| CCR Number |
3 CCR 702-5 |
| CCR Title |
PROPERTY AND CASUALTY |
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Proposed rule
| Notice Filed with SOS |
09/15/2022 |
| Rule |
ProposedRuleAttach2022-00549.doc |
| Statutory Authority |
§§ 10-1-108(7), 10-1-109(1), 10-3-1103, 10-3-1104(1)(h), and 10-3-1110, C.R.S. |
| Description of Subjects/Issues |
On December 30, 2021, the Marshall Fire - the most devastating fire in Colorado history - damaged or destroyed more than 1,000 residential and commercial structures. In the aftermath of the fire, the towns of Louisville and Superior are allowing victims of the Marshall Fire to opt-out of certain portions of their building codes. The purpose of this regulation is to protect homeowner policyholders who have suffered a loss and have law and ordinance coverage. This regulation identifies specific acts or practices regarding law and ordinance coverage that may constitute unfair claim settlement practices. |
| Purpose/Objective of Rule |
On December 30, 2021, the Marshall Fire - the most devastating fire in Colorado history - damaged or destroyed more than 1,000 residential and commercial structures. In the aftermath of the fire, the towns of Louisville and Superior are allowing victims of the Marshall Fire to opt-out of certain portions of their building codes. The purpose of this regulation is to protect homeowner policyholders who have suffered a loss and have law and ordinance coverage. This regulation identifies specific acts or practices regarding law and ordinance coverage that may constitute unfair claim settlement practices. |
| 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 |
10/18/2022 |
| Hearing Time |
02:30 PM |
| Hearing Location |
Webinar or 1560 Broadway, STE 850, Denver CO 80202 |
| Contact Name |
Jill Mullen |
| Contact Title |
Policy Advisor |
| Contact Telephone |
7205564952 |
| Contact email |
jill.mullen@state.co.us |
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Adopted rule
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