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SB16-029

Insurance Comply With Model Acts

Concerning changes to Colorado insurance laws necessary to maintain accreditation with the national association of insurance commissioners (NAIC), and, in connection therewith, adopting a new own risk and solvency assessment law (ORSA) in a form substantially similar to the NAIC model and enhancing Colorado's insurance holding company system law by adding a required NAIC model provision specifying the insurance commissioner's power to issue subpoenas and examine witnesses.
Session:
2016 Regular Session
Subjects:
Business & Economic Development
Insurance
Bill Summary

Status

Introduced
Passed
Became Law

Bill Text