State RegulationsCO specificDifficulty 1/5
Which statement best describes the rulemaking authority of the Colorado Commissioner of Insurance?
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Answer & full 3-part explanation (select an option above, or peek)
Why B is correct
C.R.S. § 10-1-109 authorizes the Colorado Commissioner of Insurance to adopt and enforce rules and regulations that implement the insurance statutes. These Colorado Division of Insurance regulations carry the force of law and bind licensees, although the Commissioner cannot amend the statutes themselves, because only the legislature can change statutory text.
Why the other options are wrong
- A) Rules adopted under C.R.S. § 10-1-109 are binding regulations with the force of law, not optional guidance for licensees.
- C) Rulemaking implements the statutes; only the Colorado legislature can change the text of a statute.
- D) Regulations apply to all licensees regardless of whether any insurer consented to them in advance.
Memory hook
Rules fill in the statute's blanks — the Commissioner regulates, the legislature legislates.