| Notice Filed with SOS |
01/14/2021 |
| Rule |
ProposedRuleAttach2021-00030.doc |
| Statutory Authority |
10-1-109, and 10-3-1104(1)(f)(II), 10-3-1110 and 10-4-403, C.R.S. |
| Description of Subjects/Issues |
5-2-18 The purpose of this regulation is to address the filings of property and casualty insurers instituting any practice involving rate change limitations (caps, ceilings and/or floors) to new and/or existing policyholders in order to facilitate the transition to rate parity between policyholders of the same class and hazard. |
| Purpose/Objective of Rule |
The purpose of this regulation is to address the filings of property and casualty insurers instituting any practice involving rate change limitations (caps, ceilings and/or floors) to new and/or existing policyholders in order to facilitate the transition to rate parity between policyholders of the same class and hazard and avoid unfairly discriminatory rating. |
| Comments |
Due to concerns with the spread of COVID-19, this Permanent Rulemaking Hearing will be held via WEBINAR ONLY, unless the COVID-19 State of Emergency is lifted by the date of the hearing. Please click on the link below or visit the Division of Insurance's website on the Notice of Rulemaking Hearings/Proposed Regulations" page, which is located under the link to "Statutes, Regulations and Bulletins" found on the main page: https://doi.colorado.gov/statutes-regulations-bulletins/notice-of-rulemaking-hearings-proposed-regulations. Please register here to attend the hearing via webinar: Link for the Webinar: https://attendee.gotowebinar.com/register/3672802456683142670 Webinar ID: 727-182-979 After registering, you will receive a confirmation email containing information about joining the webinar. Participants can use their telephone or computer mic & speakers (VoIP). UNITED STATES +1(415) 930-5321 AUDIO PIN: 693-999-385 |
| Submitted in response to issues raised by COLS/OLLS? |
No
|
| Is this rule adopted in response to recent legislation? |
No
|
| Hearing Date |
02/16/2021 |
| Hearing Time |
11:00 AM |
| Hearing Location |
Webinar or 1560 Broadway, STE 850, Denver CO 80202 |
| Contact Name |
Christine Gonzales-Ferrer |
| Contact Title |
Compliance Specialist |
| Contact Telephone |
303-894-2157 |
| Contact email |
christine.gonzales-ferrer@state.co.us |