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Code of Colorado Regulations eDocket
Details of Tracking Number
2023-00234
CCR details
| Tracking Number |
2023-00234 |
| Type of Filing |
Emergency |
| 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
| Rule |
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| Additional Information |
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| 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. |
| Purpose/Objective of Rule |
The purpose of this emergency regulation is to protect homeowner policyholders who have suffered a loss during a catastrophic disaster, such as the 2020 Colorado East Troublesome Fire and the 2021 Marshall and Middle Fork Fires, from insurers that cause unreasonable delays in claim handling, which may further delay rebuilding property. Such delays may be further exacerbated by labor and material shortages. Further, this regulation identifies specific acts or practices 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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| Contact Name |
Jill Mullen |
| Contact Title |
Policy Advisor |
| Contact Telephone |
303-894-2157 |
| Contact email |
jill.mullen@state.co.us |
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Adopted rule
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