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Code of Colorado Regulations eDocket
Details of Tracking Number
2024-00201
CCR details
Tracking Number |
2024-00201 |
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 |
04/30/2024 |
Rule |
ProposedRuleAttach2024-00201.doc
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Statutory Authority |
§§ 10-1-108(7), 10-1-109(1), 10-3-1110 and 10-4-110.8, C.R.S. |
Description of Subjects/Issues |
HB23-1174, enacted in the aftermath of the December 30, 2021, Marshall fire, requires insurers to offer certain percentages of Extended Replacement Cost and Law and Ordinance coverage. See §10-4-110.8 (6)(a), C.R.S. This regulation sets forth the requirements for notifying policyholders of the availability of those coverages. |
Purpose/Objective of Rule |
HB23-1174, enacted in the aftermath of the December 30, 2021, Marshall fire, requires insurers to offer certain percentages of Extended Replacement Cost and Law and Ordinance coverage. See §10-4-110.8 (6)(a), C.R.S. This regulation sets forth the requirements for notifying policyholders of the availability of those coverages. |
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 |
05/30/2024 |
Hearing Time |
11:00 AM |
Hearing Location |
Webinar or 1560 Broadway, STE 850, Denver CO 80202 |
Contact Name |
Jill Mullen |
Contact Title |
Policy Advisor |
Contact Telephone |
720-5564952 |
Contact email |
jill.mullen@state.co.us |
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Adopted rule
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