The general assembly finds and declares that the
purpose of this title is to promote the public welfare by regulating insurance to the end that
insurance rates shall not be excessive, inadequate, or unfairly discriminatory, to give consumers
thereof the greatest choice of policies at the most reasonable cost possible, to permit and
encourage open competition between insurers on a sound financial basis, and to avoid regulation
of insurance rates except under circumstances specifically authorized under the provisions of this
title. Such policy requires that all persons having to do with insurance services to the public be at
all times actuated by good faith in everything pertaining thereto, abstain from deceptive or
misleading practices, and keep, observe, and practice the principles of law and equity in all
matters pertaining to such business.
Source: L. 2003: Entire article RC&RE, p. 587, § 1, effective July 1.
Editor's note: This section is similar to former § 10-1-101 as it existed prior to 2002.
Notes of Decisions
Hawes v. Colorado Div. of Ins., 65 P.3d 1008 (Colo. 2003).
· cites it 18× “Specifically, the court of appeals explained that section 10-1-101, 3 C.R.S. (2002) does not empower the Commissioner to do equity.”
Cary v. United of Omaha Life Ins. Co., 68 P.3d 462 (Colo. 2003).
· cites it 6× “[8] Colorado's statutory policy, stated in section 10-1-101, 3 C.R.S. (2002), is that all persons providing insurance services to the *469 public must "be at all times actuated by good faith in everything pertaining thereto.”
Ballow v. PHICO Ins. Co., 875 P.2d 1354 (Colo. 1993).
· cites it 4× “Moreover, it is the policy of this state, announced in section 10-1-101, 4A C.R.S. (1987), that all persons providing insurance services to the public must “be at all times actuated by good faith in everything pertaining thereto.”
Sanderson v. Am. Fam. Mut. Ins. Co., 251 P.3d 1213 (Colo. Ct. App. 2010).
· cites it 2× “1998); see also § 10-1-101, C.R.S.2010 (declaring that persons providing insurance services to the public must "be at all times actuated by good faith").”
Rabin v. Fid. Nat'l Prop. & Cas. Ins., 863 F. Supp. 2d 1107 (D. Colo. 2012).
· cites it 2× “1998); see also Colo. Rev.Stat. § 10-1-101 (declaring that persons providing insurance services to the public must “be at all times actuated by good faith”).”
State Farm Mut. Auto. Ins. Co. v. Stein, 940 P.2d 384 (Colo. 1997).
· cites it 2× “Not only are there no technical definitions of any terms in section 10-4-609, the UM statute in Title 10, §§ 10-1-101 to -21-106, 4A C.R.S. (1994 & 1996 Supp.”
Schaefer v. City & Cnty. of Denver, 973 P.2d 717 (Colo. Ct. App. 1998).
· cites it 4× “The taxpayers’ argument is premised, to a considerable extent, on the use of the word “dependent” in various sections of the statutes regulating the insurance industry and the limitation of that term to spouses and children.”
Dunn v. Am. Fam. Ins., 251 P.3d 1232 (Colo. Ct. App. 2010).
· cites it 2× “2004); see also § 10-1-101, C.R.98.2010 ("all persons having to do with insurance services to the public [shall] be at all times actuated by good faith in everything pertaining thereto").”
Hawes v. Colorado Div. of Ins., 45 P.3d 763 (Colo. Ct. App. 2002).
· cites it 5× “Appellants first argue that § 10-1-101, C.R.9S.2000, should be read to empower the Commissioner to award attorney fees under the equitable common fund doctrine.”
Cary v. United of Omaha Life Ins. Co., 43 P.3d 655 (Colo. Ct. App. 2002).
· cites it 4× “IIL We are also not persuaded by plaintiffs' reliance on § 10-1-101, Section 10-1-101 is a legislative declaration of public policy and legislative purpose upon which the regulation of the insurance industry is premised: Such policy requires that all persons having to do with…”
Hartford Fire Ins. Co. v. Colorado Div. of Ins., 824 P.2d 76 (Colo. Ct. App. 1991).
· cites it 5× “The Hartford next argues that the commissioner lacked authority under § 10-1-101, C.R.S. (1987 Repl.Vol. 4A) to find that the Hartford acted in bad faith.”
Mullen v. Allstate Ins. Co., 232 P.3d 168 (Colo. Ct. App. 2009).
· cites it 2× “§ 10-1-101, C.R.S.2008. An insurer has a duty of good faith and fair dealing, formed by the nature of the relationship created by the insurance contract.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.