Colorado Statutes
§ 10-10-112 — Claims
Colorado § 10-10-112
This text of Colorado § 10-10-112 (Claims) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Colo. Rev. Stat. § 10-10-112 (2026).
Text
(1)All claims shall be promptly reported to the insurer or
its designated claim representative, and the insurer shall maintain adequate claim
files. All claims shall be settled as soon as possible and in accordance with the
terms of the insurance contract.
(2)All claims shall be paid either by draft drawn upon the insurer or by check
of the insurer to the order of the claimant to whom payment of the claim is due
pursuant to the policy provisions or upon direction of such claimant to one
specified.
(3)No plan or arrangement shall be used whereby any person, firm, or
corporation, other than the insurer or its designated claim representative, is
authorized to settle or adjust claims. The creditor shall not be designated as claim
representative for the insurer in adjusting claims
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Legislative History
Source: L. 69: p. 540, � 12. C.R.S. 1963: � 72-28-12.
Nearby Sections
15
§ 10-1-101
Legislative declaration§ 10-1-102
Definitions§ 10-1-105
Actuary§ 10-1-107
Personal fees prohibited§ 10-1-109
Rules of commissioner§ 10-1-111
Invoking aid of courts§ 10-1-113
No seal required on policies§ 10-1-114
Sale of premium notes prohibited§ 10-1-115
Penalty§ 10-1-116
Defamation of other companies - penalty§ 10-1-117
Company unauthorized in other statesCite This Page — Counsel Stack
Bluebook (online)
Colorado § 10-10-112, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/10/10-10-112.