COL INS Passenger Vehicle Disclosures

Updated on: Jan 29, 2025

Latest Event


  • Jan. 27, 2025 COL INS Notice of Adoption
  • On Jan. 27, 2025, COL INS issued notice of adoption of automobile policies final rule.

On Nov. 21, COL INS proposed requirements for passenger vehicles.

  • COL INS issued request for comments on proposed amendments to regulation COL INS 3-702-5-2-16 regarding disclosure requirements for passenger automobile policies.
  • Proposed Regulation
  • Implements provisions to provide summary disclosure requirements and the summary disclosure forms in English and in Spanish for private passenger automobile insurance.
  • Consultation
  • Comments on the proposed regulation are due on or before 5 PM on Dec. 2, 2024.
  • Dec. 2024 COL INS Notice of Hearing
  • On Dec. 13, 2024, COL INS issued notice of hearing for Jan. 14, 2025, at 10:00 AM.
  • Written comments may be submitted by 5PM, Jan. 17, 2025, for review, consideration.
  • Jan. 24, 2025 COL INS Final Rule
  • On Jan. 24, 2025, COL INS published final amended rule, effective on Mar. 17, 2025.
  • Jan. 27, 2025 COL INS Notice of Adoption
  • On Jan. 27, 2025, COL INS issued notice of adoption of automobile policies final rule.
Regulators
COL INS
Entity Types
CNSM; Ins
Reference
Nt, 1/27/2025; RF, 1/24/2025; Nt, RF 5-2-16, 12/13/2024; PR, RF, 11/21/2024; Citation: COL INS 3-702;
Functions
Compliance; Legal; Product Administration; Reporting
Countries
United States of America
Category
State
N/A
Products
Auto/Motorcycle; Insurance; Insurance-Property
Rule Type
Final
Regions
Am
Rule Date
Nov 21, 2024
Effective Date
Mar 17, 2025
Rule ID
234462
Linked to
N/A
Reg. Last Update
Jan 27, 2025
Report Section
US Consumer