§ 10-4-633 — Certification of policy and notice forms

(1) All insurers providing
automobile insurance and who are authorized by the commissioner to conduct
business in Colorado shall submit an annual report to the commissioner listing any
policy forms, endorsements, cancellation notices, renewal notices, disclosure
forms, notices of proposed premium increases, notices of proposed reductions in
coverage, and such other forms as may be requested by the commissioner issued or
delivered to any policyholder in Colorado. Such listing shall be submitted no later
than July 1 of each year and shall contain a certification by an officer of the
organization that to the best of the officer's knowledge each policy form,
endorsement, or notice form in use complies with Colorado law. The necessary
elements of the certification shall be determined by the commissioner.

(2) All insurers providing automobile insurance and who are authorized by
the commissioner to conduct business in Colorado shall also submit to the
commissioner a list of any new policy form, endorsement, cancellation notice,
renewal notice, disclosure form, notice of proposed premium increase, notice of
proposed reductions in coverage, and any other form as may be requested by the
commissioner at least thirty-one days before using such policy form, endorsement,
cancellation notice, renewal notice, disclosure form, notice of proposed premium
increase, notice of proposed reductions in coverage, and any other form as may be
requested by the commissioner. Such listing shall also contain a certification by an
officer of the organization that to the best of the officer's knowledge each new
policy form, endorsement, or notice form proposed to be used complies with
Colorado law. The necessary elements of the certification shall be determined by
the commissioner.

(3) The commissioner shall have the power to examine and investigate
insurers authorized to conduct business in Colorado to determine whether
automobile policy forms, endorsements, cancellation notices, renewal notices,
disclosure forms, notices of proposed premium increases, notices of proposed
reductions in coverage, and such other forms as may be requested by the
commissioner comply with the certification of the organization and statutory
mandates.

Legislative History

Source: L. 2003: Entire section added, p. 1570, � 3, effective July 1.