The Colorado Division of Insurance resides within the Department of Regulatory Agencies. The Division of Insurance is responsible for regulating the insurance industry as it operates in the state of Colorado. It assists consumers with insurance concerns and responds to approximately 26,000 consumer requests annually. The office is located at 1560 Broadway, Suite 850, Denver, CO 80202. For more information, the website address is http://www.dora.state.co.us/insurance.
Colorado Insurance Commissioner
John Postolowski was appointed interim Commissioner of Insurance for state of Colorado in December of 2010. Prior to this appointment, Mr. Postolowski was the Deputy Commissioner of Finance and Administration. In this role he oversaw the Financial Examination, Financial Affairs and Corporate Affairs divisions among others. He holds the AIRC, CIE FLMI and ACS professional designations. A New York City native, Commissioner Postolowski earned a B.A. in Business Administration from the Bernard M. Baruch School of the City University of New York. He also obtained a Masters Degree in Abnormal Pyschology from the Graduate Faculty of the New School for Social Research.
Colorado Annuity Resources
Two of the most important functions of the Colorado Division of Insurance are to perform market conduct and financial examinations of all of the insurance companies that are licensed to do business within the state of Colorado. This is especially important for annuity investors. The market conduct examinations ensure that consumers are fully informed on their annuity contracts. The financial examinations are done to make sure that the life insurance companies that sell annuities are financially sound and will be able to meet future financial obligations.
|State Commissioner:||John Postolowski|
|Insurance Hotline:||(303) 894-7499|
|Annuity Guarantee Limit:||$100,000|