"Informal Investigation" means, for the purposes of this regulation, a Division review, analysis, inquiry, and/or research into referrals, complaints, and/or inquiries to determine whether any violations of Colorado insurance law or Colorado insurance regulation have occurred. Informal investigations include, but are not limited to, Division reviews, analyses, and inquiries initiated as a result of an on-going, or completed financial or market conduct examination.
3 CCR 702-6-3-2-4