Colorado Code § 10-1-207

Immunity from liability - prohibited activity
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(1) No cause of action shall
arise, nor shall any liability be imposed, against the commissioner, the commissioner's
authorized representatives, or any examiner appointed by the commissioner for any statements
made or conduct performed in good faith while carrying out the provisions of this part 2.
(2) No cause of action shall arise, nor shall any liability be imposed, against any person
for the act of communicating or delivering information or data to the commissioner or the
commissioner's authorized representative or examiner pursuant to an examination made under
this part 2, if such act of communication or delivery was performed in good faith and without
fraudulent intent or the intent to deceive.
(3) This section does not abrogate or modify in any way any common-law or statutory
privilege or immunity heretofore enjoyed by any person identified in subsection (1) of this
section.
(4) A person identified in subsection (1) of this section shall be entitled to an award of
attorney fees and costs if such person is the prevailing party in a civil action for libel, slander, or
any other relevant tort arising out of activities in carrying out the provisions of this part 2 and the
party bringing the action was not substantially justified in doing so. For purposes of this section,
a proceeding is "substantially justified" if it had a reasonable basis in law or fact at the time that
it was initiated.
(5) An insurer shall not take any retaliatory personnel action against an employee
because the employee provides information to or testifies before the commissioner conducting
an examination into the practices of the company.
(6) (a) An employee who has been the subject of a retaliatory personnel action in
violation of subsection (5) of this section may institute a civil action in a court of competent
jurisdiction for relief within one year after the date of the alleged retaliatory action.
(b) A court of competent jurisdiction may order relief as follows:
(I) Reinstatement of the employee to the same position held before the retaliatory
personnel action or an equivalent position;
(II) Reinstatement of full benefits and seniority rights; and
(III) Compensation for lost wages and benefits.
(c) Upon a determination that an insurer has taken a retaliatory personnel action, the
court may award costs of the action together with reasonable attorney fees.

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