R590-102-3. Definitions  


Latest version.
  • In addition to the definitions in Title 31A, the following definitions shall apply for the purposes of this rule:

    (1) "Admitted insurers" include: fraternal, health, health maintenance organization, life, limited health plan, motor club, non-profit health service, property-casualty, title insurers, and a prescription drug plan.

    (2) "Agency" means:

    (a) a person, other than an individual, including a sole proprietorship by which a natural person does business under an assumed name; and

    (b) an insurance organization required to be licensed under Subsections 31A-23a-301, 31A-25-207, and 31A-26-209.

    (3) "Captive insurer" includes association captive, branch captive, industrial insured captive, pure captive, sponsored captive, and special purpose financial captive.

    (4) "Deadline" means the final date or time:

    (a) imposed by:

    (i) statute;

    (ii) rule; or

    (iii) order, and

    (b) by which

    (i) a payment must be received by the department without incurring penalties for late payment or non-payment; or

    (ii) required information must be received by the department without incurring penalties for late receipt or non-receipt.

    (5) "Fee" means an amount set by the commissioner, by statute, or by rule and approved by the legislature for licenses, registrations, certificates, and other filings and services provided by the Insurance Department.

    (6) "Full-line agency" includes producer, consultant, independent adjuster, managing general agent, public adjuster, reinsurance intermediary broker, and third party administrator.

    (7) "Full-line individual" includes a producer, consultant, independent adjuster, managing general agent, public adjuster, reinsurance intermediary broker, and third party administrator.

    (8) "Limited-line agency" includes bail bond and limited-line producer.

    (9) "Limited-line individual" includes bail bond agent, limited-lines producer and customer service representative.

    (10) "Other organizations" include: home warranty, joint underwriter, purchasing group, rate service organization, risk retention group, service contract provider and health discount program.

    (11) "Paper application" means an application that must be manually entered into the department's database because the application was submitted by paper, facsimile, or email when the department has provided an electronic application process and stated the electronic process is the preferred process for receiving an application.

    (12) "Paper filing" means a filing that must be manually entered into the department's database because the filing was submitted by paper, facsimile, or email when the department has provided an electronic filing process and stated the electronic process is the preferred process for receiving a filing.

    (13) "Received by the department" means:

    (a) the date delivered to and stamped received by the department, if delivered in person;

    (b) the postmark date, if delivered by mail;

    (c) the delivery service's postmark date or pick-up date, if delivered by a delivery service; or

    (d) the received date recorded on an item delivered, if delivered by:

    (i) facsimile;

    (ii) email; or

    (iii) another electronic method; or

    (e) a date specified in:

    (i) a statute;

    (ii) a rule; or

    (iii) an order.