summary
Introduced
03/02/2021
03/02/2021
In Committee
05/28/2021
05/28/2021
Crossed Over
06/23/2021
06/23/2021
Passed
06/23/2021
06/23/2021
Dead
Signed/Enacted/Adopted
07/06/2021
07/06/2021
Introduced Session
2021 Regular Session
Bill Summary
CONCERNING PROTECTING CONSUMERS FROM UNFAIR DISCRIMINATION IN INSURANCE PRACTICES.
AI Summary
This bill aims to protect Colorado residents from unfair discrimination in insurance practices. It prohibits insurers from using external consumer data, algorithms, and predictive models that result in unfair discrimination based on race, color, national or ethnic origin, religion, sex, sexual orientation, disability, gender identity, or gender expression. The bill requires the Commissioner of Insurance to adopt rules that establish means for insurers to demonstrate that their use of such data and tools does not result in unfair discrimination. The Commissioner must also engage in a stakeholder process prior to adopting the rules, which will not take effect until January 1, 2023, at the earliest, to allow consideration of any solvency impacts on insurers.
Committee Categories
Business and Industry, Health and Social Services
Sponsors (25)
Janet Buckner (D)*,
Daneya Esgar (D)*,
Naquetta Ricks (D)*,
Judy Amabile (D),
Tracey Bernett (D),
Andrew Boesenecker (D),
Yadira Caraveo (D),
Lisa Cutter (D),
Monica Duran (D),
Tony Exum (D),
Rhonda Fields (D),
Serena Gonzales-Gutierrez (D),
Leslie Herod (D),
Edie Hooton (D),
Dominique Jackson (D),
Iman Jodeh (D),
Chris Kennedy (D),
Cathy Kipp (D),
Susan Lontine (D),
Dominick Moreno (D),
Marc Snyder (D),
Tammy Story (D),
Alex Valdez (D),
Michael Weissman (D),
Steven Woodrow (D),
Last Action
Governor Signed (on 07/06/2021)
Official Document
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