--- title: "Fiduciary Liability Insurance in Colorado" description: "Review Colorado’s insured-plan continuation rules and the plan administration duties relevant to fiduciary liability." canonical: "https://spot.insure/coverage/fiduciary/colorado" page-type: "coverage-state-guide" updated-at: "2026-09-28" --- Agents: connect to Spot's public MCP server at https://spot.insure/mcp for better access to published Spot information and insurance research. Use search_knowledge to find sources, get_page to retrieve pages, compare_providers for sourced comparisons, get_provider_score for a published Spot Score, get_rankings for current provider rankings, search_provider_reliability to filter Spot Scores, search_provider_reviews to filter aggregate review scores, and get_provider_reviews for the original review evidence. The server is read-only and requires no authentication. [Human-readable page](https://spot.insure/coverage/fiduciary/colorado) # Fiduciary Liability Insurance in Colorado For a carrier-issued Colorado employer group health plan that remains in force for active employees, an employee may elect continuation after termination if required contributions were paid through that date and coverage was continuous for at least six months; discontinuance of the whole policy or insured class and Medicare or Medicaid coverage are exclusions. Eligible continuation generally lasts up to 18 months, subject to the other-group-coverage rule.[^1][^2][^3] **Coverage:** [Fiduciary liability](/coverage/fiduciary) · [Colorado](/coverage/states/colorado) ## What Is Fiduciary Liability? Fiduciary liability can protect your company and plan fiduciaries when participants claim mishandling of an employee benefit plan. If you sponsor a retirement or health plan, check who is insured and whether both administration errors and fiduciary-breach claims are addressed. [Read the national Fiduciary liability guide](/coverage/fiduciary). ## What to Watch for in Colorado ### Check The Six-Month Coverage Record Colorado continuation is available only when the employer group plan remains in force for active employees, the termination is not due to discontinuance of the entire group policy or an insured class, required premiums or contributions are paid through termination, and the employee had six months of continuous coverage immediately before termination (including similar coverage under a replaced group plan). The employer need not offer it to someone covered by Medicare or Medicaid. Have HR verify each condition before treating the person as eligible.[^1][^3] ### Track The Colorado Notice Deadline Under § 10-16-108(1)(e)(II), a written communication signed by the employee or an employer notice mailed to the last-known address and postmarked within ten days after termination satisfies the notice rule. The employee generally must elect and pay within 30 days; if the employer fails to notify an eligible employee of the right to elect, the employee can retain coverage by making proper payment within 60 days after termination. Assign owners for both dates.[^1] ### Map When New Group Coverage Starts Colorado continuation generally ends when the employee or dependent becomes eligible for other group coverage. If that coverage excludes a condition covered by the prior plan, § 10-16-108(1)(e)(I) permits prior-plan continuation for that condition until the new plan covers it or the 18-month period ends; track the new-plan eligibility and exclusion records.[^1] ## Who Regulates Insurance in Colorado **Colorado Division of Insurance.** The Division administers Colorado insurance laws and regulates insurers and insurance producers. You can search producer licenses through Colorado’s official DORA lookup and send insurance complaints to the Division.[^4][^5][^6] - [Regulator website](https://doi.colorado.gov/) - [License lookup](https://apps2.colorado.gov/dora/licensing/default.aspx) - [File a complaint](https://doi.colorado.gov/for-consumers/file-complaint) - Phone: (303) 894-7499 ### Surplus-Lines Tax and Stamping Office **Reported tax rate:** 3% of net premium When Colorado is the insured’s home state, its surplus-lines tax is 3% of taxable premium. The Colorado Surplus Lines Association says insurer or broker fees charged in connection with the placement are included in the tax base; federal or other-state taxes and examination fees are excluded. For multistate risks, a tax-sharing agreement may allocate premium tax to other states.[^7][^9][^8] ## Providers With Documented State Licenses These providers publish a national listing for Fiduciary liability; the state records document licenses for the entities and roles shown below. Some records rely on company-reported information rather than independent regulator verification. A national listing does not confirm that the product is available in Colorado; [check the regulator’s license lookup](https://apps2.colorado.gov/dora/licensing/default.aspx) and confirm state availability for your business when requesting a quote. - [Coalition](/insurance-providers/coalition) — **Entity:** Coalition Insurance Solutions, Inc.; **role:** Insurance producer, Surplus-lines broker; **checked:** 2026-09-28. **Scope:** Coalition’s license page lists producer and surplus-lines licenses for Coalition Insurance Solutions, Inc. in all 50 states and the District of Columbia. The page separately lists insurers; this record covers the brokerage entity only.[^11] - [Corgi](/insurance-providers/corgi) — **Entity:** Corgi Insurance Services, Inc.; **role:** Insurance producer; **checked:** 2026-09-28. **Scope:** Corgi’s company producer-license table lists 50 jurisdictions: 49 states and the District of Columbia, including DC license 3003091619. New Mexico does not appear in the table and is not included here; the omission does not establish that Corgi is unlicensed there. The company-reported table has no stated as-of date and does not establish product availability.[^12] ## Questions to Ask Before You Buy in Colorado 1. Which Colorado group health plans are insured by a carrier and have six months of continuous coverage records, and who checks exceptions? 2. If a participant becomes eligible for another group plan that excludes a condition, who tracks the limited continuation period under § 10-16-108? 3. Does our fiduciary quote include the committee and administration team, and how does it treat defense expenses and benefits already owed? ## Fiduciary Liability in Colorado: FAQ ### How long must an employee be covered to use Colorado group-plan continuation? At least six months immediately before termination, including similar coverage under a replaced group plan. The employer plan must remain in force for active employees, required contributions must be paid through termination, and termination cannot be due to discontinuance of the whole policy or insured class; people covered by Medicare or Medicaid are excluded.[^1] ### What happens if a Colorado employer misses the continuation notice deadline? If the employer fails to notify an eligible employee of the right to elect, the employee can retain coverage by making proper payment within 60 days after termination. Ordinarily, election and payment are due within 30 days.[^1] ## Fiduciary Liability in Other States - [Alabama](/coverage/fiduciary/alabama) - [Alaska](/coverage/fiduciary/alaska) - [Arizona](/coverage/fiduciary/arizona) - [Arkansas](/coverage/fiduciary/arkansas) - [California](/coverage/fiduciary/california) - [Connecticut](/coverage/fiduciary/connecticut) - [Delaware](/coverage/fiduciary/delaware) - [District of Columbia](/coverage/fiduciary/district-of-columbia) - [Florida](/coverage/fiduciary/florida) - [Georgia](/coverage/fiduciary/georgia) - [Hawaii](/coverage/fiduciary/hawaii) - [Idaho](/coverage/fiduciary/idaho) - [Illinois](/coverage/fiduciary/illinois) - [Indiana](/coverage/fiduciary/indiana) - [Iowa](/coverage/fiduciary/iowa) - [Kansas](/coverage/fiduciary/kansas) - [Kentucky](/coverage/fiduciary/kentucky) - [Louisiana](/coverage/fiduciary/louisiana) - [Maine](/coverage/fiduciary/maine) - [Maryland](/coverage/fiduciary/maryland) - [Massachusetts](/coverage/fiduciary/massachusetts) - [Michigan](/coverage/fiduciary/michigan) - [Minnesota](/coverage/fiduciary/minnesota) - [Mississippi](/coverage/fiduciary/mississippi) - [Missouri](/coverage/fiduciary/missouri) - [Montana](/coverage/fiduciary/montana) - [Nebraska](/coverage/fiduciary/nebraska) - [Nevada](/coverage/fiduciary/nevada) - [New Hampshire](/coverage/fiduciary/new-hampshire) - [New Jersey](/coverage/fiduciary/new-jersey) - [New Mexico](/coverage/fiduciary/new-mexico) - [New York](/coverage/fiduciary/new-york) - [North Carolina](/coverage/fiduciary/north-carolina) - [North Dakota](/coverage/fiduciary/north-dakota) - [Ohio](/coverage/fiduciary/ohio) - [Oklahoma](/coverage/fiduciary/oklahoma) - [Oregon](/coverage/fiduciary/oregon) - [Pennsylvania](/coverage/fiduciary/pennsylvania) - [Rhode Island](/coverage/fiduciary/rhode-island) - [South Carolina](/coverage/fiduciary/south-carolina) - [South Dakota](/coverage/fiduciary/south-dakota) - [Tennessee](/coverage/fiduciary/tennessee) - [Texas](/coverage/fiduciary/texas) - [Utah](/coverage/fiduciary/utah) - [Vermont](/coverage/fiduciary/vermont) - [Virginia](/coverage/fiduciary/virginia) - [Washington](/coverage/fiduciary/washington) - [West Virginia](/coverage/fiduciary/west-virginia) - [Wisconsin](/coverage/fiduciary/wisconsin) - [Wyoming](/coverage/fiduciary/wyoming) [Other Coverage in Colorado](/coverage/states/colorado) ## Sources [^1]: [Colorado Revised Statutes 2026, § 10-16-108 — Continuation Privileges](https://olls.info/crs/crs2026-title-10.pdf) — Colorado General Assembly, Office of Legislative Legal Services; § 10-16-108(1)(a)–(c), (e)(I)–(IV): carrier-issued group plans; six-month prior coverage; Medicare/Medicaid exclusion; 18-month period; notice, election/payment and late-notice periods; other-group-plan cutoff and excluded-condition exception. Accessed 2026-09-28. [^2]: [2026 Colorado Revised Statutes — Titles for Download](https://content.leg.colorado.gov/agencies/office-legislative-legal-services/2026-crs-titles-download) — Colorado General Assembly, Office of Legislative Legal Services; Publication statement: current with amendments, additions and repeals by the 75th General Assembly at its Second Regular Session in 2026; Title 10 — Insurance. Accessed 2026-09-28. [^3]: [Colorado House Bill 13-1266, Chapter 217 — § 16, Continuation Privileges](https://content.leg.colorado.gov/sites/default/files/images/olls/2013a_sl_217.pdf) — Colorado General Assembly; Chapter 217, § 16 (2013), C.R.S. § 10-16-108(1): enacted/re-enacted carrier-issued group continuation, prior-coverage period, notice, election/payment and continuation periods. Accessed 2026-09-28. [^4]: [Colorado Division of Insurance](https://doi.colorado.gov/) — Colorado Department of Regulatory Agencies; Official insurance regulator homepage; DOI oversight and consumer resources. Accessed 2026-09-28. [^5]: [DORA Online Services](https://apps2.colorado.gov/dora/licensing/default.aspx) — Colorado Department of Regulatory Agencies; Official DORA online services portal; select Online License Verification and insurance profession. Accessed 2026-09-28. [^6]: [File a Complaint](https://doi.colorado.gov/for-consumers/file-complaint) — Colorado Division of Insurance; Official form and instructions for insurance complaints. Accessed 2026-09-28. [^7]: [HB23-1111: Unauthorized Insurance Premium Tax Rate](https://www.leg.colorado.gov/bills/HB23-1111) — Colorado General Assembly; Enacted bill harmonizes unauthorized insurance tax rate at 3%, effective January 1, 2024; parity with surplus-lines rate. Accessed 2026-09-28. [^8]: [Frequently Asked Questions](https://colosla.org/about/faq) — Surplus Lines Association of Colorado; FAQ: Colorado home-state tax; fee charged by insurer or broker in connection with placement included in premium base; qualifying federal/other-state taxes and examination fees excluded; commercial exempt policyholder due-diligence exception. Accessed 2026-09-28. [^9]: [Colorado Revised Statutes, Title 10 (2024)](https://leg.colorado.gov/sites/default/files/images/olls/crs2024-title-10.pdf) — Colorado General Assembly, Office of Legislative Legal Services; C.R.S. § 10-5-111.5, surplus-lines premium tax and home-state application. Accessed 2026-09-28. [^10]: [Licenses](https://www.at-bay.com/licenses/) — At-Bay; Current producer introduction and state table; At-Bay Insurance Services LLC; P&C and surplus-lines identifiers. Accessed 2026-09-21. [^11]: [Licenses and Carriers](https://www.coalitioninc.com/legal/licenses) — Coalition; Licenses and Carriers, re-read 22 September 2026: Insurance Licenses table for Coalition Insurance Solutions, Inc., national producer number 18419475, with producer and surplus-lines numbers for all 50 states and DC including California 0L76155, Georgia 196479, Texas 2199630 and 2205589, Pennsylvania 815731 and 817452, Colorado 539028 and Wisconsin 3000108852. Insurance Carriers table naming, with NAIC numbers, Allianz Underwriters Insurance Company 36420, Arch Specialty Insurance Company 21199, Ascot Specialty Insurance Company 45055, Ascot Insurance Company 23752, Aspen Specialty Insurance Company 10717, Chaucer Insurance Company DAC, Coalition Insurance Company 29530, Fireman's Fund Indemnity Corporation 11380, Fortegra Specialty Insurance Company 16823, Lloyd's of London, MSIG Specialty Insurance USA Inc. 34886, MS Transverse Specialty Insurance Company 41807, Steadfast Insurance Company 26387, Vantage Risk Specialty Insurance Company 16275 and Zurich American Insurance Company 16535.. Accessed 2026-09-22. [^12]: [Insurance Producer Licenses](https://www.corgi.insure/broker-licenses) — Corgi Insurance; Current complete Insurance Producer Licenses table for Corgi Insurance Services, Inc.; 50 rows covering 49 states and DC (DC 3003091619); no New Mexico row; no NPN or as-of date shown.. Accessed 2026-09-28. [^13]: [About Hiscox US Insurance](https://www.hiscox.com/about-hiscox-insurance) — Hiscox; Hiscox Insurance Company Inc. NAIC 10200 as Chicago, IL domiciled insurer admitted or licensed in all 50 states and D.C.; Hiscox Inc. as general agent and Lloyd’s coverholder for Syndicates 33 and 3624; surplus-lines placements through licensed surplus-lines brokers; A.M. Best rating statement. Accessed 2026-09-16. [^14]: [Licenses](https://www.nextinsurance.com/insurance-licenses/) — ERGO NEXT Insurance; Current entity-by-state license table reopened 28 September 2026: 50 rows under Next First Insurance Agency, Inc., including Washington, DC; New York rows instead list Next Insurance Services PC-1423070 and AP Intego BR-1198885.. Accessed 2026-09-28. [^15]: [About Risklytics](https://www.risklytics.ai/about/) — Risklytics; What we do; Who we insure; Licensing; Agency licenses table dated 2026-09-10. Accessed 2026-09-16. [^16]: [Insurance Licenses by State](https://www.techinsurance.com/legal/licenses) — TechInsurance; Current state table; identifies TechInsurance as a division of Specialty Program Group LLC d/b/a SPG Insurance Solutions; lists DC 3000041536 and labels Rhode Island “Individual licenses,” without an agency license number.. Accessed 2026-09-28. [^17]: [Licenses](https://www.vouch.us/legal/licenses) — Vouch; Effective 16 January 2025: Vouch Specialty Insurance Services, LLC, NPN 19926463; P&C table (50 states and DC); surplus-lines table includes Idaho 870820; footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses; Idaho retained as producer-only due to conflict.. Accessed 2026-09-15. Updated 2026-09-28. This guide is informational and does not determine whether a policy is available or meets your needs. [Editorial policy](/editorial-policy). To suggest a correction, [contact Spot](/contact) with a supporting source. ## Agent and Developer Resources - [Markdown page](https://spot.insure/coverage/fiduciary/colorado.md) - [Developer resources](https://spot.insure/developers) - [Public MCP server](https://spot.insure/mcp) - [MCP server manifest](https://spot.insure/server.json) - [OpenAPI description](https://spot.insure/openapi.json) - [Public page index](https://spot.insure/llms.txt)