Colorado insurance fraud training

The requirement

What Colorado requires

C.R.S. 10-1-128(5)(a) requires every insurer licensed in Colorado, except companies whose principal business is reinsurance, to prepare, implement and maintain an insurance anti-fraud plan. Under subsection (5)(a)(II), the plan must educate appropriate employees about fraud detection and the company's anti-fraud plan.

The plan must also address preventing, detecting and investigating all forms of insurance fraud, including fraud by employees and agents, application and rating misrepresentation, claims fraud and data security; hiring or contracting fraud investigators; and reporting fraud to law enforcement and regulators.

The Commissioner may review the plan in a market conduct examination, and the insurer includes a summary of its anti-fraud efforts in its annual report. The statute sets no training hours, frequency or new-hire deadline.

• Educate appropriate employees about fraud detection and the plan
• Plan reviewed in market conduct examinations
• Summary of anti-fraud efforts in the annual report

Sources, checked October 2026

• C.R.S. 10-1-128 (Justia copy of the Colorado Revised Statutes) (unofficial copy)

How NATG helps

Meet the Colorado mandate with one program

• Annual and new-hire anti-fraud courses in versions for each line of business and department
• Online, or instructor-led at your location
• Completion records, certificates and reports for your fraud plan and examiners
• One program for every state you write in, tracked in one place

NATG specializes in insurance fraud and investigations. Our compliance courses are built around the detection, referral and reporting duties in state fraud plans.