No. 43615 (Amendment): Section R590-225-3. Documents Incorporated by Reference  

  • (Amendment)

    DAR File No.: 43615
    Filed: 04/01/2019 02:02:32 PM

    RULE ANALYSIS

    Purpose of the rule or reason for the change:

    This rule is being amended to update an incorporated reference to the most recent edition.

    Summary of the rule or change:

    Two references to documents incorporated by reference are being updated to reflect the most recent editions.

    Statutory or constitutional authorization for this rule:

    This rule or change incorporates by reference the following material:

    • Updates NAIC Uniform Property and Casualty Transmittal Document, published by NAIC, January 1, 2019
    • Updates NAIC Uniform Property and Casualty Coding Matrix, published by NAIC, January 1, 2019

    Anticipated cost or savings to:

    the state budget:

    There is no anticipated cost or savings to the state budget because the forms that are being incorporated by reference are free for member states to use. There is no alteration to the Department's actions. These changes are merely updating this rule to incorporate the most recent editions of the forms.

    local governments:

    There is no anticipated cost or savings to local governments. These rule changes only apply to the relationship between the Department and its licensed property and casualty insurers.

    small businesses:

    There is no anticipated cost or savings to small businesses. The forms being incorporated by reference have been changed, and this amendment is being made to reflect the most recent editions. The forms in question are free for insurers to use, just as they have been.

    persons other than small businesses, businesses, or local governmental entities:

    There is no anticipated cost or savings to any other persons. The forms being incorporated by reference have been changed, and this amendment is being made to reflect the most recent editions. The forms in question are free for insurers to use, just as they have been.

    Compliance costs for affected persons:

    There are no anticipated costs for any affected persons. Property and casualty insurers will be able to download the forms for free as they normally do. These changes merely update this rule to reflect the most recent editions of the forms.

    Comments by the department head on the fiscal impact the rule may have on businesses:

    After conducting a thorough analysis, it was determined that these proposed rule changes will not result in a fiscal impact to businesses.

    Todd E. Kiser, Commissioner

    The full text of this rule may be inspected, during regular business hours, at the Office 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:

    Interested persons may present their views on this rule by submitting written comments to the address above no later than 5:00 p.m. on:

    05/15/2019

    This rule may become effective on:

    05/22/2019

    Authorized by:

    Steve Gooch, Information Specialist

    RULE TEXT

    Appendix 1: Regulatory Impact Summary Table*

    Fiscal Costs

    FY 2019

    FY 2020

    FY 2021

    State Government

    $0

    $0

    $0

    Local Government

    $0

    $0

    $0

    Small Businesses

    $0

    $0

    $0

    Non-Small Businesses

    $0

    $0

    $0

    Other Person

    $0

    $0

    $0

    Total Fiscal Costs:

    $0

    $0

    $0





    Fiscal Benefits




    State Government

    $0

    $0

    $0

    Local Government

    $0

    $0

    $0

    Small Businesses

    $0

    $0

    $0

    Non-Small Businesses

    $0

    $0

    $0

    Other Persons

    $0

    $0

    $0

    Total Fiscal Benefits:

    $0

    $0

    $0





    Net Fiscal Benefits:

    $0

    $0

    $0

     

    *This table only includes fiscal impacts that could be measured. If there are inestimable fiscal impacts, they will not be included in this table. Inestimable impacts for State Government, Local Government, Small Businesses and Other Persons are described in the narrative. Inestimable impacts for Non - Small Businesses are described in Appendix 2.

     

    Appendix 2: Regulatory Impact to Non - Small Businesses

    These rule changes are not expected to have any fiscal impact on non-small businesses' revenues or expenditures because they merely update this rule to incorporate the most recent edition of to two forms the Department requires but that are published by another entity.

     

    The head of the Insurance Department, Todd E. Kiser, has reviewed and approved this fiscal analysis.

     

     

    R590. Insurance, Administration.

    R590-225. Submission of Property and Casualty Rate and Form Filings.

    R590-225-3. Documents Incorporated by Reference.

    (1) The department requires that the documents described in this rule shall be used for all filings.

    (a) Actual copies may be used or you may adapt them to your word processing system.

    (b) If adapted, the content, size, font, and format must be similar.

    (2) The following filing forms are hereby incorporated by reference and are available on the department's web site, http://www.insurance.utah.gov.

    (a) "NAIC Uniform Property and Casualty Transmittal Document", dated January 1, [2017]2019;

    (b) "NAIC Uniform Property and Casualty Coding Matrix", dated January 1, [2017]2019;

    (c) "Utah Insurer Loss Cost Multiplier and Expense Constant Supplement Filing Forms", dated April 2017; and

    (d) "Utah Workers Compensation Insurer Loss Cost Multiplier Filing Form", dated April 2017.

     

    KEY: property casualty insurance filing

    Date of Enactment or Last Substantive Amendment: [December 8, 2017]2019

    Notice of Continuation: February 20, 2014

    Authorizing, and Implemented or Interpreted Law: 31A-2-201; 31A-2-201.1; 31A-2-202; 31A-19a-203


Document Information

Effective Date:
5/22/2019
Publication Date:
04/15/2019
Type:
Notices of Proposed Rules
Filed Date:
04/01/2019
Agencies:
Insurance, Administration
Rulemaking Authority:

Section 31A-2-201

Section 31A-2-201.1

Section 31A-2-202

Section 31A-19a-203

Authorized By:
Steve Gooch, Information Specialist
DAR File No.:
43615
Summary:

Two references to documents incorporated by reference are being updated to reflect the most recent editions.

CodeNo:
R590-225-3
CodeName:
{31586|R590-225-3|R590-225-3. Documents Incorporated by Reference}
Link Address:
InsuranceAdministrationRoom 3110 STATE OFFICE BLDG450 N MAIN STSALT LAKE CITY, UT 84114-1201
Link Way:

Steve Gooch, by phone at 801-538-3803, by FAX at 801-538-3829, or by Internet E-mail at sgooch@utah.gov

AdditionalInfo:
More information about a Notice of Proposed Rule is available online. The Portable Document Format (PDF) version of the Bulletin is the official version. The PDF version of this issue is available at https://rules.utah.gov/publicat/bull_pdf/2019/b20190415.pdf. The HTML edition of the Bulletin is a convenience copy. Any discrepancy between the PDF version and HTML version is resolved in favor of the PDF version. Text to be deleted is struck through and surrounded by brackets ([example]). Text ...
Related Chapter/Rule NO.: (1)
R590-225-3. Documents Incorporated by Reference.