3 Colo. Code Regs. § 702-6-5-1-2

Current through Register Vol. 46, No.1, January 10, 2023
Section 3 CCR 702-6-5-1-2 - Scope and Purpose

The purpose of this regulation is to facilitate the reporting of suspected insurance fraud, to aid in the detection, investigation and ultimate prosecution of those who commit insurance fraud in this state and to deter future fraudulent acts by improving regulatory oversight of licensed persons who commit insurance fraud.

This regulation describes the procedure and circumstances under which all insurers shall, and individuals may, report suspected insurance fraud for the purpose of investigating, and enforcing laws prohibiting insurance fraud.

3 CCR 702-6-5-1-2