Research About Meet PRIA

Support Data Sources Privacy Policy Terms of Service Your Privacy Choiceshello@policyrisk.com

© 2026 PRIA Technologies, LLC. All rights reserved.

PRIA provides educational policy intelligence and is not a source of investment, legal, or financial advice. Content is for informational purposes only.

™

Your Policy Risk Impact Agent

Research

At My Address
Federal Courts
Daily Briefings
Medicare & Social Security
Congressional Bills
Federal Register
Tariffs
Fed Decisions & The Economy
State Tracker
World Watch
U.S. Code
U.S. Constitution

Knowledge

Search Polipedia
Daily Briefings
Calculators
What is Policy Risk?
The Countdown

Company

About PRIA
Support

Get PRIA

Support Data Sources Privacy Policy Terms of Service Your Privacy Choices

hello@policyrisk.com

© 2026 PRIA Technologies, LLC. All rights reserved.

PRIA is a trademark of PRIA Technologies, LLC.

PRIA provides educational policy intelligence and is not a source of investment, legal, or financial advice. Content is for informational purposes only.

Colorado Statutes, Title 10

™

Your Policy Risk Impact Agent

Colorado/Statutes

← All Colorado coverage

Title 10, Insurance

0 chapters · 1,275 sections in this title.

All chapters in Title 101,275 Ch 16287 Ch 3271 Ch 4209 Ch 7100 Ch 271 Ch 169 Ch 1442 Ch 1128 Ch 1525 Ch 524 Ch 1223 Ch 620 Ch 1920 Ch 2020

71 sections·Filtered byTitle 10✕Ch 2✕

Colo. Rev. Stat. § 10-2-1001 Short title
0.2K chars
This part 10 shall be known and may be cited as the "Managing General Agents Act". Source: L. 93: Entire article R&RE, p. 1383, § 1, effective January 1, 1995.
Colo. Rev. Stat. § 10-2-1002 Definitions
2.2K chars
As used in this part 10, unless the context otherwise requires: (1) "Insurer" means any person, firm, association, or corporation duly licensed in this state as an insurance company pursuant to the applicable provisions of the insurance laws. (2) (a) "Managing general agent", or …
Colo. Rev. Stat. § 10-2-1003 Licensure
0.8K chars
(1) No person, firm, association, or corporation shall act in the capacity of an MGA with respect to risks located in this state for an insurer licensed in this state unless such person is a licensed producer in this state. (2) No person, firm, association, or corporation shall a…
Colo. Rev. Stat. § 10-2-1004 Required contract provisions
5.5K chars
(1) No person, firm, association, or corporation acting in the capacity of an MGA shall place business with an insurer unless there is in force a written contract between the parties which sets forth the responsibilities of each party and where both parties share responsibility f…

Showing 1–50 of 71

Page 1 of 2

← PreviousNext →

Colo. Rev. Stat. § 10-2-1005 Duties of insurers

2.0K chars

(1) The insurer shall have on file an independent financial examination, in a form acceptable to the commissioner, of each MGA with which it has done business. (2) If an MGA establishes loss reserves, the insurer shall annually obtain the opinion of an actuary attesting to the ad…

Colo. Rev. Stat. § 10-2-1006 Examination authority

0.2K chars

The acts of the MGA are considered to be the acts of the insurer on whose behalf the MGA is acting. An MGA may be examined as if said MGA were the insurer. Source: L. 93: Entire article R&RE, p. 1388, § 1, effective January 1, 1995.

Colo. Rev. Stat. § 10-2-1007 Penalties and liabilities

1.1K chars

(1) If the commissioner finds, after a hearing conducted in accordance with article 4 of title 24, C.R.S., that any person has violated any provision of this part 10, the commissioner may order: (a) For each separate violation, a penalty in an amount not to exceed five thousand d…

Colo. Rev. Stat. § 10-2-1008 Rules and regulations

0.2K chars

The commissioner may adopt reasonable rules and regulations for the implementation and administration of the provisions of this part 10. Source: L. 93: Entire article R&RE, p. 1388, § 1, effective January 1, 1995.

Colo. Rev. Stat. § 10-2-101 Short title

0.2K chars

This article shall be known and may be cited as the "Colorado Producer Licensing Model Act". Source: L. 93: Entire article R&RE, p. 1348, § 1, effective January 1, 1995. L. 2001: Entire section amended, p. 1190, § 1, effective January 1, 2002.

Colo. Rev. Stat. § 10-2-102 Scope - applicability

0.5K chars

This article governs the qualifications and procedures for the licensing of insurance producers. This article is intended to simplify and organize some statutory language to improve efficiency, permit the use of new technology, and reduce costs associated with issuing, continuing…

Colo. Rev. Stat. § 10-2-103 Definitions

6.9K chars

As used in this article, unless the context otherwise requires: (1) "Catastrophic disaster" means an event, as declared by the president of the United States or the governor, or both, which results in large numbers of deaths or injuries; causes extensive damage or destruction of …

Colo. Rev. Stat. § 10-2-104 Authority of commissioner - rules

0.6K chars

Pursuant to the provisions of article 4 of title 24, C.R.S., the commissioner may promulgate reasonable rules for the implementation and administration of the provisions of this article. The commissioner may contract with any party for the purpose of performing any ministerial du…

Colo. Rev. Stat. § 10-2-105 Insurance producer - exemptions from definition

6.9K chars

(1) Nothing in this article shall be construed to require an insurer to obtain an insurance producer license. In this section, the term "insurer" does not include an insurer's officers, directors, employees, subsidiaries, or affiliates. (2) Notwithstanding section 10-2-103 (6), "…

Colo. Rev. Stat. § 10-2-1101 Effective date - applicability

0.6K chars

This article shall take effect January 1, 1995. Insurance agent and broker licenses issued pursuant to part 2 of this article prior to said date shall expire at such time as the commissioner shall determine by rule promulgated under the authority of this article. The holders of s…

Colo. Rev. Stat. § 10-2-201 Prelicensure education - when required

2.5K chars

(1) (a) Except as otherwise provided in section 10-2-202, in addition to other requirements for licensure as specified under this article and as a condition of initial licensure, an individual applicant for qualification in life, sickness and accident, or property and casualty li…

Colo. Rev. Stat. § 10-2-202 Exemption from prelicensure education requirements

1.1K chars

(1) Prelicensure education as set forth in section 10-2-201 shall not be required of an individual who is: (a) Applying to reinstate a canceled or expired resident insurance producer license in this state when such license has been inactive for one year or less; (b) Applying for …

Colo. Rev. Stat. § 10-2-203 Course certification, registration, and review by commissioner

3.1K chars

(1) Prelicensure education courses or programs that will be provided and offered to persons applying for life, sickness and accident, property, or casualty licensing are subject to review and certification by the commissioner, except that: (a) Any full-time program of prelicensur…

Colo. Rev. Stat. § 10-2-301 Continuing education requirement - rules

6.9K chars

(1) Producers not exempt from the requirements of this section shall satisfactorily complete up to twenty-four hours of instruction by attending courses or programs of instruction approved by the commissioner. At least three of the twenty-four hours of continuing education must b…

Colo. Rev. Stat. § 10-2-401 License required

3.9K chars

(1) No person shall act as or hold oneself out to be an insurance producer unless duly licensed as an insurance producer in accordance with this article. Every insurance producer who solicits or negotiates an application for insurance of any kind on behalf of an insurer shall be …

Colo. Rev. Stat. § 10-2-402 License examination requirement

5.0K chars

(1) Unless exempt pursuant to section 10-2-403, a resident individual applying for an insurance producer license shall pass a written examination. The examination shall reasonably test the individual applicant's minimum acceptable level of competence as to the particular line or …

Colo. Rev. Stat. § 10-2-403 Exemption from license examination

3.5K chars

(1) The following applicants shall be exempt from the written examination requirements set forth in section 10-2-402: (a) An individual who applies for an insurance producer license in this state who was previously licensed for the same lines of authority in this state or another…

Colo. Rev. Stat. § 10-2-404 Application for license

3.7K chars

(1) An applicant for a resident insurance producer license shall make application on a form specified by the commissioner and shall declare under penalty of refusal, suspension, or revocation of the license that the statements made in the application are true, correct, and comple…

Colo. Rev. Stat. § 10-2-405 Residency - individuals - agencies

1.1K chars

(1) The commissioner may qualify an applicant as a resident of this state and shall issue an insurance producer license to any qualified resident person of this state in accordance with the following: (a) An individual applicant may qualify as a resident only if he or she resides…

Colo. Rev. Stat. § 10-2-406 Licensing of agencies

2.1K chars

(1) For the purposes set forth in section 10-2-701, an insurance agency or business entity shall be licensed as an insurance producer. (2) (a) The insurance agency or business entity shall register the name of every natural person who, as a member, officer, director, stockholder,…

Colo. Rev. Stat. § 10-2-407 License - definitions of lines of insurance - authority

2.7K chars

(1) Unless a person is denied licensure pursuant to section 10-2-801, the division shall issue to a person who has met the requirements of sections 10-2-401 and 10-2-404 an insurance producer license. An insurance producer may receive qualification for a single license to include…

Colo. Rev. Stat. § 10-2-408 License - contents - continuation due date

2.3K chars

(1) The commissioner shall issue a perpetual insurance producer license to an applicant who has met the requirements of section 10-2-404. (2) The license shall state the name, address, and personal identification number of the licensee, the date of issuance, general conditions re…

Colo. Rev. Stat. § 10-2-409 License - amendment - reissuance

0.6K chars

(1) An insurance producer licensee shall promptly notify the commissioner, on a form prescribed by the commissioner, of any change that will require amending a license to reflect that change, including without limitation a legal change of the licensee's name, a change of address,…

Colo. Rev. Stat. § 10-2-410 Temporary licensing

1.9K chars

(1) The commissioner may issue a temporary license to an individual to act as an insurance producer for a period not to exceed one hundred eighty days, without requiring an examination, if the commissioner deems that such temporary license authority is necessary for the servicing…

Colo. Rev. Stat. § 10-2-411 Duplicate license

0.4K chars

The commissioner may issue a duplicate license to any actively licensed insurance producer if such producer's license is lost, stolen, or destroyed upon an affidavit by the producer in a form prescribed and furnished by the commissioner concerning the facts of such loss, theft, o…

Colo. Rev. Stat. § 10-2-412 Change of address - notification

0.5K chars

(1) Individual and insurance agency producer licensees shall inform the commissioner in writing, in a form prescribed by the commissioner, of any change of address within thirty days after the change. (2) Failure of any licensee to inform the commissioner of any change to the lic…

Colo. Rev. Stat. § 10-2-413 Fees

0.8K chars

(1) The commissioner shall, by rule, set reasonable fees and penalties for the following: (a) Insurance producer license; and (b) Continuation of license. (2) All fees payable to the commissioner pursuant to this section shall be nonrefundable. Fees shall be set at the levels nec…

Colo. Rev. Stat. § 10-2-414 Additional lines of authority - application for license

0.5K chars

An insurance producer licensee requesting licensure for any additional line or lines of authority shall comply with the requirements of section 10-2-404. Upon receipt of the application filing, any supporting documents as required by section 10-2-404, and the applicable fee, the …

Colo. Rev. Stat. § 10-2-414.5 Travel insurance - limited lines license - travel insurance producers - definitions - rules

8.4K chars

(1) As used in this section: (a) "Limited lines travel insurance producer" means: (I) A licensed insurance producer, including a limited line producer, who is designated by an insurer as the travel insurance supervising entity; or (II) A travel administrator, as defined in sectio…

Colo. Rev. Stat. § 10-2-415.5 Appointment of insurance producer - continuation - renewal - exceptions

3.3K chars

(1) No insurance producer shall claim to be a representative or authorized or appointed agent of, or use any other term implying a contractual relationship with, a particular bail insurance company or accept applications on behalf of the bail insurance company unless the insuranc…

Colo. Rev. Stat. § 10-2-415.7 Termination of insurance producer bail bonding agent - notice - penalty

1.7K chars

(1) Upon the termination of the appointment of an insurance producer bail bonding agent, the insurer shall, within fifteen days, notify the commissioner and the appointee of such termination by certified mail. (2) If the termination of an agent's appointment is for any of the cau…

Colo. Rev. Stat. § 10-2-416 Notification to the commissioner of termination

8.9K chars

(1) Termination for cause. An insurer or authorized representative of the insurer that terminates employment, a contract, or other insurance business relationship with a producer shall notify the commissioner within thirty days following the effective date of the termination, usi…

Colo. Rev. Stat. § 10-2-416.5 Required availability to commissioner of list of producer appointees for enforcement purposes

0.4K chars

Each insurer shall maintain a current list of producers contractually authorized to accept applications on behalf of the insurer. Each insurer shall make such list available to the commissioner upon reasonable request for purposes of conducting investigations and enforcing the pr…

Colo. Rev. Stat. § 10-2-417 Public insurance adjusters - license required - financial responsibility - standards of conduct - rules

8.7K chars

(1) (a) A person shall not act or hold himself or herself out as a public adjuster in this state unless the person is licensed as a public adjuster in accordance with this article. No person who, on or before January 1, 2014, holds a license as a public adjuster previously issued…

Colo. Rev. Stat. § 10-2-418 Bail bonding authority

0.6K chars

(1) The division shall advise state court administrators that a person may furnish a bail bond if the person is a licensed insurance producer with a power of attorney from an insurance company, appears on the division's website as an active insurance producer with casualty author…

Colo. Rev. Stat. § 10-2-501 Reciprocity

0.8K chars

(1) The commissioner shall waive any requirements for a nonresident license applicant with a valid license from the applicant's home state, except those requirements imposed by section 10-2-502, if the applicant's home state awards nonresident licenses to residents of this state …

Colo. Rev. Stat. § 10-2-502 Nonresident licensing - qualification

3.4K chars

(1) The commissioner may qualify an applicant as a nonresident, unless the applicant is denied licensure pursuant to section 10-2-801, and shall issue an insurance producer license to any qualified nonresident person in accordance with the following: (a) The person maintains a li…

Colo. Rev. Stat. § 10-2-503 Commissioner as agent for service of process

1.5K chars

(1) By the filing of the application and issuance of a nonresident insurance producer license, a nonresident insurance producer licensee shall be deemed to have appointed the commissioner and successors in office as said nonresident's agent upon whom all lawful process in any leg…

Colo. Rev. Stat. § 10-2-601 Financial institutions may sell insurance - where - regulation

3.6K chars

(1) For the purposes of this part 6: (a) and (b) (Deleted by amendment, L. 97, p. 426, § 1, effective April 24, 1997.) (c) "Credit insurance" has the same meaning as set forth in section 10-10-103 (2). (d) "Credit life insurance" means insurance on the life of a debtor pursuant t…

Colo. Rev. Stat. § 10-2-602 Sale of annuities and insurance by financial institutions - certain tying arrangements prohibited

1.2K chars

(1) In addition to the requirements of section 10-3-1105, no financial institution, or subsidiary or employee of a financial institution, shall extend credit, lease or sell property of any kind, furnish any service, or fix or vary the consideration for any such extension of credi…

Colo. Rev. Stat. § 10-2-603 Bank sale of annuities - disclosure requirements

1.5K chars

(1) Any financial institution, or any subsidiary or employee thereof, which sells a fixed or variable annuity contract shall receive written acknowledgment from the purchaser that the annuity which is being purchased may involve investment risk and is not insured by the federal d…

Colo. Rev. Stat. § 10-2-604 Disclosures

1.1K chars

(1) A financial institution, and any person selling insurance with a cash value or a cash accumulation component on behalf of a financial institution, shall disclose to the financial institution's customers or members, and on any advertisements or promotional material, that insur…

Colo. Rev. Stat. § 10-2-605 Misleading advertising

0.6K chars

(1) No financial institution, or any subsidiary, affiliate, or employee of a financial institution, may issue advertising that would lead a reasonable person to believe that the state of Colorado or the federal government: (a) Is responsible for insurance sales activities of the …

Colo. Rev. Stat. § 10-2-606 Discrimination against affiliated agents

1.1K chars

(1) No financial institution shall: (a) Require, as a condition of providing or renewing a contract for providing a product or service to any customer, that the customer purchase, finance, or negotiate any policy or contract of insurance through any particular person; (b) In conn…

Colo. Rev. Stat. § 10-2-607 Location of sales

0.4K chars

To the extent practicable, a financial institution's sale of insurance shall be in a location distinct from a teller window or common teller area. Unlicensed employees of financial institutions shall not sell insurance or annuities. Such employees may direct customers to licensed…

Colo. Rev. Stat. § 10-2-701 Assumed names - registration - rules

0.9K chars

Any insurance producer using an assumed name, including without limitation a trade or fictitious name, under which the insurance producer conducts business shall register the name with the insurance commissioner prior to using the assumed name. The commissioner shall not accept r…