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Home » 2019 Issues » Vol. 2019, No. 9 (05/01/2019) » No. 43626 (5-year Review): Rule R590-166. Home Protection Service Contract Rule

  No. 43626 (5-year Review): Rule R590-166. Home Protection Service Contract Rule  

  • DAR File No.: 43626
    Filed: 04/03/2019 02:51:01 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:

    Subsection 31A-2-201(3) authorizes the Insurance Commissioner to adopt rules to implement the provisions of the Insurance Code, Title 31A. Section 31A-6a-110 authorizes the Insurance Commissioner to make rules to enforce Chapter 6a, and establish certain exemptions from its requirements.

    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 was intended to be a temporary fix to a problem facing home warranty companies having problems finding reimbursement insurance. This rule was intended to be a stop-gap measure to allow them to provide "alternative security" for the warranties they issue until the reimbursement insurance market could be developed. This market has still not been developed to date, making it necessary to keep this rule in effect. Therefore, this rule should be continued.

    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:

    Effective:

    04/03/2019

    Authorized by:

    Steve Gooch, Information Specialist

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Document Information

Effective Date:
4/3/2019
Publication Date:
05/01/2019
Type:
Five-Year Notices of Review and Statements of Continuation
Filed Date:
04/03/2019
Agencies:
Insurance, Administration
Authorized By:
Steve Gooch, Information Specialist
DAR File No.:
43626
Summary:

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

CodeNo:
R590-166
CodeName:
{32750|R590-166|R590-166. Home Protection Service Contract Rule}
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 Five-Year Notice of Review and Statement of Continuation 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/b20190501.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. For questions regarding the content or ...
Related Chapter/Rule NO.: (1)
R590-166. Home Protection Service Contract Rule.