No. 43625 (5-year Review): Rule R590-190. Unfair Property, Liability and Title Claims Settlement Practices Rule

DAR File No.: 43625
Filed: 04/03/2019 02:50:47 PM

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:

Subsections 31A-2-201(1) and 31A-2-201(3) authorize the Insurance Commissioner to enforce and write rules to implement the provisions of the Insurance Code, Title 31A. Subsection 31A-2-202(4) authorizes the Insurance Commissioner to issue rules requiring timely response to written inquiries from the Commissioner. Subsection 31A-26-301(1) authorizes the Insurance Commissioner to write rules to provide for the timely payment of claims. Section 31A-26-301 and Subsection 31A-21-312(5) authorize rules dealing with proof of loss and notice of loss time limitations under insurance policies. Subsection 31A-26-303(4) authorizes the Insurance Commissioner to write rules to define unfair claims settlement practices or acts.

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

The Insurance Department has received no written comments regarding this rule during the past five years.

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 a critical guide for the insurance industry and their insureds to use in the claim settlement and complaint process for automobile, homeowners, and title policies. This rule must be continued to ensure such guidance is available to both consumers and the industry.

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:

• Steve Gooch 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:

04/03/2019

Authorized by:

Steve Gooch, Information Specialist

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