By what date must self-insurance pools file their annual report with the Commissioner?

Self-insurance pools are required to file their annual report with the Commissioner by March 30th. This timeline allows the regulatory body to review the financial status and operational effectiveness of the self-insurance pools to ensure they are in compliance with applicable regulations. Filing by this date is critical for maintaining transparency and accountability in the management of funds and resources, which is essential for protecting the interests of pool members.

This deadline aligns with regulatory practices that aim to maintain oversight and encourage prompt reporting, ensuring that the state can monitor these self-insurance entities effectively. The timing also provides adequate opportunity for any necessary adjustments or corrections before the end of the fiscal year, which may involve further regulatory scrutiny or operational changes. This establishes a structured reporting requirement within the insurance regulatory framework in Colorado, enhancing the stability of the insurance market.