REGULATORY ACTIVITY:

• The Division is seeking comments on the following proposed draft amended regulation: Draft proposed amended regulation 5-2-12 - Concerning automobile insurance consumer protections. This regulation is being proposed for amendment as changes were identified to improve readability and clarity during the Division's regulatory review process by adding definitions and adding language around consumer notice requirements. The Division has made some changes based on the comments received when this draft regulation was released for informal external review in December of 2018, and those changes are included in this draft being circulated for a second round of external review.  To view the draft regulation, go to https://www.colorado.gov/pacific/dora/draft-regulations-informal-public-comment?utm_medium=email&utm_source=govdelivery.

REGULATORY ACTIVITY:

• Posted Notice of Request for Comments on proposed amended regulation 5-2-12 concerning automobile insurance consumer protections. To view the notice, go to https://www.colorado.gov/pacific/dora/draft-regulations-informal-public-comment.

REGULATORY ACTIVITY:

• The Department of Regulatory Agencies, Division of Insurance published in the state register dated October 10, 2018 notice of final adoption of Regulation 5-2-15 concerning consumer protection for vehicle valuation and rental reimbursement (3 CCR 702-5 Property and Casualty).  The adopted rule becomes effective on November 1, 2018.  To view the adopted rule published in the register, go to https://www.sos.state.co.us/CCR/RegisterContents.do?publicationDay=10/10/2018&Volume=41&yearPublishNumber=19&Month=10&Year=2018.

REGULATORY ACTIVITY:

• Posted notice regarding receiving informal comment on a proposed permanent rule concerning consumer protection for vehicle valuation and rental reimbursement. The purpose of this regulation is to establish standards for payment of claims for vehicle rental and collision damage waivers, and for valuation of total loss claims under private passenger auto insurance policies. To view the notice, go to https://www.sos.state.co.us.

REGULATORY ACTIVITY:

• Posted notice of draft amendments to regulation 5-2-15 concerning consumer protection or vehicle valuation and rental reimbursement. The draft rule was open for public comment through July 19, 2018 and is now closed.

REGULATORY ACTIVITY:

• Reminder Property and Casualty rule 3 CCR 702-5 regarding disclosure requirements for private passenger automobile policies became effective April 1. 2018. The purpose of this regulation is to interpret and implement the provisions of §§ 10-4-111(1) and (5) and 10-4-636, of the Colorado Revised Statutes, to provide summary disclosure requirements and the summary disclosure form for private passenger automobile insurance. The purpose of this regulation is to interpret and implement the provisions of §§ 10-4-111(1) and (5) and 10-4-636, of the Colorado Revised Statutes, to provide summary disclosure requirements and the summary disclosure form for private passenger automobile insurance. To view information regarding this rule, go to https://www.sos.state.co.us/CCR/eDocketDetails.do?trackingNum=2017-00411.

REGULATORY ACTIVITY:

• Has posted notice regarding receiving comments on two draft rules.  The two rules are 3 CCR 702.5 Regulation 5-1-14 Penalties for Failure to Promptly address property or Casualty Claims and 3CCR 702.5 Regulation 5-2-15 Concerning Consumer Protection for Vehicle Valuation and Rental Reimbursement. The Division requests comments on this revised draft regulation.

REGULATORY ACTIVITY:

• Colorado has posted notice that rule 5-2-16 Disclosure Requirements for Private Passenger Automobile Policies will become effective on April 1, 2018.  To view the rule to to:https://www.sos.state.co.us/CCR/eDocketDetails.do?trackingNum=2017-00411. 

REGULATORY ACTIVITY:

• Posted notice that rule 3CCR 702-5 has been adopted and will be effective April 1, 2018. The purpose of this regulation is to interpret and implement the provisions of §§ 10-4-111(1) and (5) and 10-4-636, of the Colorado Revised Statutes, to provide summary disclosure requirements and the summary disclosure form for private passenger automobile insurance. The purpose of this regulation is to interpret and implement the provisions of §§ 10-4-111(1) and (5) and 10-4-636, of the Colorado Revised Statutes, to provide summary disclosure requirements and the summary disclosure form for private passenger automobile insurance.

REGULATORY ACTIVITY:

• Posted notice of proposed rule 3 CCR 702-5 regarding 5-2-16 DISCLOSURE REQUIREMENTS FOR PRIVATE PASSENGER AUTOMOBILE POLICIES The purpose of this regulation is to interpret and implement the provisions of §§ 10-4-111(1) and (5) and 10-4-636, of the Colorado Revised Statutes, to provide summary disclosure requirements and the summary disclosure form for private passenger automobile insurance.