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Current as of January 01, 2025 | Updated by Findlaw Staff
As used in this part 11, unless the context otherwise requires:
(1) “Commissioner” means the commissioner of insurance.
(2) “Insurance policy” or “insurance contract” means any contract of insurance, indemnity, medical or hospital service, suretyship, or annuity issued, proposed for issuance, or intended for issuance by any person.
(2.5) Repealed by Laws 1981, H.B.1256, § 5, eff. June 4, 1981.
(3) “Person” means any individual, corporation, association, partnership, reciprocal exchange, interinsurer, Lloyds insurer, nonadmitted insurer, fraternal benefit society, and other legal entities engaged in the insurance business, including agents, limited insurance representatives, agencies, brokers, surplus line brokers, and adjusters. The term also includes medical service plans and hospital service plans regulated under parts 1 and 3 of article 16 of this title 10, health maintenance organizations regulated under parts 1 and 4 of article 16 of this title 10, and multiple employer welfare arrangements operating pursuant to section 10-3-903.5 (7)(d). The plans, arrangements, and organizations shall be deemed to be engaged in the business of insurance for purposes of this part 11 only.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 10. Insurance § 10-3-1102. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/co/title-10-insurance/co-rev-st-sect-10-3-1102/
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