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Colorado Revised Statutes Title 10. Insurance § 10-3-910. Application of this part 9

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) Other than section 10-3-909, this part 9 shall not apply to any insurance company or underwriter issuing contracts of insurance to industrial insureds nor to any contract of insurance issued to any one or more industrial insureds.

(2) For purposes of this section, an “industrial insured” is:

(a) An insured who procures the insurance of any risk other than life and annuity contracts by use of the services of a full-time employee acting as an insurance manager or buyer or the services of a regularly and continuously retained qualified insurance consultant who does not receive a commission or compensation for placing the risk; and

(b) An insured whose aggregate annual premiums for insurance on all risks total at least one hundred thousand dollars; and

(c) An insured having at least one hundred full-time employees.

(3) Repealed by Laws 2022, Ch. 145 (H.B. 22-1025), § 1, eff. August 1, 2022.

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Cite this article: FindLaw.com - Colorado Revised Statutes Title 10. Insurance § 10-3-910. Application of this part 9 - last updated January 01, 2025 | https://codes.findlaw.com/co/title-10-insurance/co-rev-st-sect-10-3-910/

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