State RegulationsCO specificDifficulty 2/5
To carry Colorado's insurance statutes into day-to-day practice, the Commissioner of Insurance may:
Select an option to reveal the answer and the full 3-part explanation — free, no signup.
Answer & full 3-part explanation (select an option above, or peek)
Why D is correct
C.R.S. § 10-1-109 grants the Commissioner of Insurance authority to adopt reasonable rules and regulations to implement the insurance code, and those rules carry the force of law once adopted. This is why Colorado's insurance regulations, such as those governing education and market conduct, bind licensees even though the legislature never voted on them word by word. The practical boundary is consistency: a rule may fill in and operationalize a statute, but it cannot contradict the code the Colorado Division of Insurance administers.
Why the other options are wrong
- A) Only the legislature amends statutes; the Commissioner administers and implements the code through rules, not legislation.
- B) Courts interpret insurance law, and the Commissioner has no power to overrule judicial decisions.
- C) Rulemaking authority is vested in the Commissioner and is not delegable to regulated insurers.
Memory hook
The Commissioner writes the rules; the legislature writes the statutes.