{"@id":"https://credentialengineregistry.org/resources/ce-f31c4a29-c137-4722-97f2-c4b567650b4b","@type":"ceterms:License","@context":"https://credreg.net/ctdl/schema/context/json","ceterms:ctid":"ce-f31c4a29-c137-4722-97f2-c4b567650b4b","ceterms:name":{"en-US":"Bail Bonding Agents"},"ceterms:ownedBy":["https://credentialengineregistry.org/resources/ce-ee4d9848-5b31-4c35-a83f-82b70e58fe58"],"ceterms:offeredBy":["https://credentialengineregistry.org/resources/ce-ee4d9848-5b31-4c35-a83f-82b70e58fe58"],"ceterms:identifier":[{"@type":"ceterms:IdentifierValue","ceterms:identifierTypeName":{"en-US":"State Occupational License Data"},"ceterms:identifierValueCode":"https://www.credentialengine.org/OPEN"}],"ceterms:inLanguage":["en"],"ceterms:description":{"en-US":"The Division of Insurance is responsible for administering and enforcing Colorado Insurance Laws regulating the bail bonding industry and for handling complaints against bail bonding agents. Complaints are received through a variety of channels such as consumers, insurers, law enforcement, courts, and other licensees.  Complaints generally address criminal convictions, inappropriate behavior, bond revocations, forfeiture violations, failure to return collateral, failure to provide written premium or collateral receipts, overcharging of premium, misappropriation of premium and collateral, other fiduciary violations and failure to provide required documents to the consumer.  These types of practices have the potential to harm consumers resulting in significant economic harm to Colorado citizens.\r\n\r\nThe Division may investigate and may make rules and regulations as necessary and may take disciplinary action by denying, suspending, revoking, or refusing to renew the license of a bail bonding agent, and may impose civil penalties.  The Division reports complaint and enforcement action information to the National Association of Insurance Commissioners (NAIC) for inclusion in the NAIC's national database.   Colorado Insurance Law also contains criminal penalties for specific activities which are illegal for bail bonding agents.  Numerous statutory changes including reforming records and record keeping requirements have occurred over the years to enhance the protection of the consumer."},"ceterms:subjectWebpage":"https://doi.colorado.gov/insurance-products/bail-bonds","ceterms:credentialStatusType":{"@type":"ceterms:CredentialAlignmentObject","ceterms:framework":"https://credreg.net/ctdl/terms/CredentialStatus","ceterms:targetNode":"credentialStat:Active","ceterms:frameworkName":{"en-US":"Credential Status"},"ceterms:targetNodeName":{"en-US":"Active"},"ceterms:targetNodeDescription":{"en-US":"Awards of the credential are ongoing."}}}