State RegulationsCO specificDifficulty 3/5
Which statement about Colorado's insurance fraud provisions is correct?
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Answer & full 3-part explanation (select an option above, or peek)
Why B is correct
C.R.S. § 10-1-129 protects good-faith reporters of suspected insurance fraud from liability, and C.R.S. § 10-1-128 makes insurers' anti-fraud plans proprietary rather than public records while requiring the statutory fraud warning conspicuously on all printed applications, policies, and claim forms. Reporting is open to any good-faith reporter, not only insurers.
Why the other options are wrong
- A) The statute makes anti-fraud plans proprietary, so they are not public records.
- C) The fraud warning must appear conspicuously on printed applications and policies as well as claim forms — claim forms alone are not enough.
- D) The immunity framework protects any good-faith reporter of suspected fraud, not just insurers.
Memory hook
Report in good faith — § 10-1-129 has your back; plans stay private.