Colorado § 10-6-125 Filing of rates

Colorado Statutes

§ 10-6-125 — Filing of rates

Colorado § 10-6-125

Title 10Insurance

Art.Captive Insurance Companies

This text of Colorado § 10-6-125 (Filing of rates) 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. § 10-6-125 (2026).

Text

(1)A group captive insurance company's rates, rate classification systems, or funding levels shall be sufficient to fund expected operations and expenses. The commissioner may require that a pure captive insurance company file rating or funding data if such pure captive insurance company provides or plans to provide employee benefits.

(2)Rating structures for insurance applied to and paid by employees of a captive insurance company shall not be excessive, inadequate, or unfairly discriminatory.

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(1) A group captive insurance company's rates,
rate classification systems, or funding levels shall be sufficient to fund expected
operations and expenses. The commissioner may require that a pure captive
insurance company file rating or funding data if such pure captive insurance
company provides or plans to provide employee benefits.

(2) Rating structures for insurance applied to and paid by employees of a
captive insurance company shall not be excessive, inadequate, or unfairly
discriminatory.

Legislative History

Source: L. 72: p. 437, � 1. C.R.S. 1963: � 72-36-25. L. 79: (3) amended, p. 377, � 13, effective July 1. L. 87: (1) amended, p. 438, � 9, effective May 22. L. 89: (4) added, p. 467, � 14, effective April 15. L. 94: Entire section amended, p. 549, � 14, effective April 6.