No. 38309 (5-year Review): Rule R590-225. Submission of Property and Casualty Rate and Form Filings

DAR File No.: 38309
Filed: 02/20/2014 10:59:03 AM

NOTICE OF REVIEW AND STATEMENT OF CONTINUATION

Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:

Subsection 31A-2-201(3) authorizes the commissioner to write rules to implement the provisions of Title 31A. Section 31A-2-201.1 authorizes the commissioner to write rules with specific requirements for filing forms, rates or reports to the department. Subsection 31A-2-202(2) allows the commissioner to prescribe forms to gather information or use the National Association of Insurance Commissioner's annual statement forms to gather basic financial data and market regulation analysis. Section 31A-19a-203 allows the commissioner to write rules to prescribe procedures for submitting rate filings electronically.

Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:

This rule has been amended four different times during the past five years. At no time during the rulemaking process, or otherwise, did the department receive written comments regarding this rule.

Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:

This rule is important as it gives detailed instructions on how a filer must file rates, rules, and forms as required by Utah statute. Therefore, this rule should be continued.

The full text of this rule may be inspected, during regular business hours, at the Division of Administrative Rules, or at:

Insurance
Administration
Room 3110 STATE OFFICE BLDG
450 N MAIN ST
SALT LAKE CITY, UT 84114-1201

Direct questions regarding this rule to:

• Jilene Whitby at the above address, by phone at 801-538-3803, by FAX at 801-538-3829, or by Internet E-mail at [e-mail]

Effective:

02/20/2014

Authorized by:

Todd Kiser, Commissioner

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