Extended Time to Comment - DRAFT PROPOSED Algorithm and Predictive Model Governance Regulation

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On February 7, 2023, the Division presented the following draft proposed regulation at a stakeholder meeting regarding Unfair Discrimination in Insurance Practices:

The Division initially invited all interested stakeholders - including insurance companies, insurance agents/producers, consumer representatives, and other interested parties - to submit written informal comments on this draft regulation by February 28, 2023. The Division is now extending the deadline for the submission of informal comments through March 7, 2023. 

Informal comments should be submitted  to DORA_INS_RulesandRecords@state.co.us. Please note, stakeholders will have additional opportunities to submit written and oral comments to the Division. 

To access a recording of the February 7, 2023 webinar, or to find out more information about SB21-169, the stakeholder process, and unfair discrimination in insurance practices please visit the Division’s SB21-169 - Protecting Consumers from Unfair Discrimination in Insurance Practices webpage.

To receive email notifications regarding the Division's activities related to Unfair Discrimination in Life Insurance, and the overall implementation of SB21-169, please sign up on the Division's Sign-Up for Division of Insurance Email Lists webpage. For notices specific to SB21-169, click on the "Subscribe to DOI/DORA Email Lists via GovDelivery" button, and select the checkbox next to "External Consumer Data and Unfair Discrimination in Insurance Practices" list.

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