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Colorado DOI releases draft regulations for comment

posted Oct 21, 2016, 12:53 PM by web admin
The Colorado Division of Insurance has released two new draft regulations (8-1-4 & 8-1-5) for comment.  The deadline for comments is 5 pm October 25, 2016.

8-1-4  DRAFT FOR COMMENT

Attached is the draft of proposed new Colorado Insurance Regulation 8-1-4 - Title Insurance – Fiduciary Duties. The purposes of this regulation are to set forth the fiduciary duties of title entities and to create reporting requirements to assist the Division of Insurance (Division) with identifying and mitigating certain risk factors which may have an immediate and direct impact on the solvency of title insurance entities.  The Division requests comments on this new draft regulation, so please submit comments to Matt Mortier at matt.mortier@state.co.us no later than 5 pm, October 25, 2016.  

8-1-5 DRAFT FOR COMMENT 

The Division has also released a draft of proposed new Colorado Insurance Regulation 8-1-5 - Title Insurance Agent Licensing for comment (attached below).  It is believed that this is the language that is left so they may repeal 3-5-1.  The purpose of this regulation is to set forth the title insurance agent licensing requirements.  The Division requests comments on this new draft regulation, so please submit comments to Matt Mortier at matt.mortier@state.co.us no later than 5 pm, October 25, 2016.  



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web admin,
Oct 21, 2016, 12:53 PM
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web admin,
Oct 21, 2016, 12:53 PM
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