No. 32439: R590-225. Submission of Property and Casualty Rate and Form Filings

DAR File No.: 32439
Filed: 03/12/2009, 11:01
Received by: NL

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 setting requirements for the filing of forms, rates or reports. Subsection 31A-2-202(2) authorizes the commissioner to prescribe forms to collect necessary information and data from licensees. Section 31A-19a-203 sets standards for the filing of rates, supplementary information, and amendments to rates. The rule sets forth the forms to be used and other requirements and procedures in the filing of property and casualty rates and forms.

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

Within the past five years, the department has on four different occasions filed changes to this rule. The last time in May of 2007 the changes elicited two written comments, most of which were grammatical and nonsubstantive. Those who filed the comments agreed to the corrections being made later with more substantive changes.

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 in making sure the department receives policy rate and form information necessary to make sure there is no unfair discrimination in the coverage they provide and the rates charged. 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]

Authorized by:

Jilene Whitby, Information Specialist