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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  2008-00815

CCR details

Tracking Number 2008-00815
Type of Filing Permanent Rule
Department 700 Department of Regulatory Agencies
Agency 702 Division of Insurance
CCR Number 3 CCR 702-2

Proposed rule

Notice Filed with SOS 07/31/2008
Rule ProposedRuleAttach2008-00815.RTF
Statutory Authority 10-1-109, 10-5-108(l)(c)(l) and 10-5-117
Description of Subjects/Issues Surplus Lines Insurance Issued by Nonadmitted Insurers
Purpose/Objective of Rule The purpose of this regulation is to establish standards regarding the placement of insurance by producers and the qualification of insurers pursuant to the Colorado Nonadmitted Insurance Act, ? 10-5-101, et seq., C.R.S. This regulation also serves to further protect Colorado insurance consumers by setting forth necessary disclosure requirements for surplus lines insurance contracts.
Comments Please forward this request to AAG Todd Larson
Submitted in response to issues raised by COLS/OLLS? No
Is this rule adopted in response to recent legislation?
Hearing Date 09/08/2008
Hearing Time 11:00 AM
Hearing Location 1560 Broadway, Ste 850, Denver CO, 80202, conf. rm. B
Contact Name Christine Gonzales-Ferrer
Contact Title Compliance Assistant
Contact Telephone 303-894-2157
Contact email christine.gonzales-ferrer@dora.state.co.us

Adopted rule

Adopted Rules AdoptedRules02008-00815.RTF
Adopted Date 11/19/2008
AGO requested date 11/21/2008
Attorney General Opinion 11/24/2008
Effective Date 01/01/2009
Inserted into CCR 12/29/2008