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Results for content tagged as Colorado

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Nov 25, 2015 - ... Colorado Division of Insurance prohibits the use of price optimization in rating plans for personal lines property and liability insurance. As in other states, the Colorado directive states that the use of rating...

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Sep 10, 2014 -

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May 22, 2014 - [ACTION_PRINT_ARTICLE] A new law in Colorado provides that any document required in an insurance transaction, including notices or documents serving as evidence of insurance, may be delivered and stored electronically if requirements of the "Uniform Electronic Transactions Act" are satisfied. A second provision of the law allows standard insurance policies and endorsements that do not contain personally identifiable information to be mailed, delivered, or posted on the insurer's web si...

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Apr 23, 2014 - ... in languages other than English. In 2013, Colorado enacted a law allowing policies, endorsements, other policy documents, and explanatory information to be issued in languages other than English, provided that English-language equivalents of these materials were...

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Jan 20, 2014 - ... regulation in Colorado intended to protect consumers affected by 2013 flooding (and described in a previous Advisory) has gone through the formal regulatory process and is now permanent.  Among other things, the...

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Nov 1, 2013 - ... Colorado Division of Insurance has issued an emergency regulation, effective immediately, prohibiting insurers from taking certain adverse actions against policyholders affected by recent flooding in the state.  Among other things,...

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Aug 16, 2013 - ... languages, particularly Mandarin Chinese, Korean, and Vietnamese, figured prominently in recent decisions by several states to allow insurers to provide insurance policy documents in languages other than English. Laws enacted in Colorado and Minnesota in 2013 essentially allow property/casualty insurers to provide non-English policy forms, endorsements, declarations, and other policy documents, provided they conform to English-language versions that are approved...

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Aug 16, 2013 - ... accept the plain reading of absolute pollution exclusions. (Go to www.aaisonline.com and see "What is pollution?" in the Spring 2009 edition of Viewpoint.) In a recent example, in February 2013, the Colorado Supreme Court upheld an insurer's pollution exclusion in a case where a sewer line was stopped by a 5-8 foot clog of cooking grease from a restaurant. The...

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Jul 1, 2013 - ... rules in Colorado to address requirements under a new law authorizing same-sex civil unions in that state. The effective date of the law is Jan. 1, 2014. AAIS program affiliates in...

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May 28, 2013 - [ACTION_PRINT_ARTICLE] A new Minnesota law allows insurance policies, endorsements, and explanatory or advertising material to be issued in a language other than English. A similar measure has been enacted in Colorado. Any policy, endorsement, or advertising material that must be filed and is prepared in a language other than English must be accompanied by an English translation certified to be substantively identical to the filed version. In the event of any complaint or dispute over covera...