Colorado § 10-4-107 - Cancellation of medical malpractice policies.
Full text of Colorado Colorado Revised Statutes § 10-4-107 — Cancellation of medical malpractice policies., with citation guidance and answers to common questions.
§ 10-4-107. Cancellation of medical malpractice policies.
(1) A notice of cancellation of a medical malpractice policy shall be valid only if it is based on one or more of the following reasons:
(a) Nonpayment of premiums; or
(b) The license of the insured health-care provider has been suspended or revoked by the appropriate state regulatory authority; or
(c) The insured knowingly made a false statement on the application for insurance; or
(d) There has been a substantial change in the exposure or risk other than that indicated in the application and underwritten as of the effective date of the policy unless the insured has notified the insurer of the change and the insurer accepts such change.
(2) This section shall not apply to any policy or coverage which has been in effect less than sixty days at the time the notice of cancellation is mailed or delivered by the insurer, unless it is a renewal policy.
(3) This section shall not apply to nonrenewal of a policy.
(4) This section shall not apply to insurers providing coverage for exempt commercial policyholders, as defined pursuant to section 10-4-1402 and rules adopted by the commissioner pursuant to that section.
Source: L. 76: Entire section added, p. 365, § 1, effective May 21. L. 86: (1)(c) amended and (1)(d) added, p. 572, § 1, effective July 1. L. 99: (4) added, p. 389, § 12, effective January 15, 2000.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 10-4-107
What does Colorado Revised Statutes § 10-4-107 cover?
Section 10-4-107 ("Cancellation of medical malpractice policies.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 10-4-107?
A common citation format is "Colorado Revised Statutes § 10-4-107" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 10-4-107 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.