Colorado Division of Insurance Regulations, CORPORATE ISSUES (the whole series, including the 2-4 surplus lines regulations)

What this document is

3 CCR 702-2 - Colorado Division of Insurance Regulations, CORPORATE ISSUES (the whole series, including the 2-4 surplus lines regulations) is a regulation published by Colorado Secretary of State, Code of Colorado Regulations (sos.state.co.us/CCR). It is one of the Colorado documents that insurance license exam questions are written from, including colorado property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• 3 CCR 702-2, Regulation 2-1-10, Section 8 (Cancellation)

  “The Commissioner may cancel a certificate of self-insurance upon five days' notice and after a hearing pursuant to § 10-4-624(2), C.R.S., for the following reasons:”

• 3 CCR 702-2, Regulation 2-2-2, Section 7.I.2 (Pool Agreement: withdrawing member's continuing liability for assessments)

  “Any member who withdraws from the pool must remain liable for any outstanding assessments or future assessments made by the pool for incurred obligations.”

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