Utah Administrative Code (Current through November 1, 2019) |
R590. Insurance, Administration |
R590-102. Insurance Department Fee Payment Rule |
R590-102-6. Foreign Surplus Lines Insurer, Accredited Reinsurer, Certified Reinsurer, Trusteed Reinsurer, and Employee Welfare Fund Administative/Service Fees
Latest version.
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(1) Initial Fee - due with application: $1,000.
(2) Annual Fee - due annually by the due date on the invoice: $500;
(3) Late annual payment - due for any annual payment paid after the due date on the invoice: $550;
(4) Reinstatement - due with application: $1,000.
(5) The annual fee includes the following services for which no additional fee is required and is paid in advance:
(a) filing of power of attorney; and
(b) filing of registered agent.
(6) E-commerce fee: see R590-102-22.