Utah Administrative Code (Current through November 1, 2019) |
R590. Insurance, Administration |
R590-140. Reference Filings of Rate Service Organization Prospective Loss Costs |
R590-140-2. Purpose
Latest version.
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Pursuant to 31A-19a-205, rate filings made by individual insurers in compliance with the requirements of Section 31A-19a-203 may include rates, pure premium rates and supplementary information prepared by a rate service organization. The purpose of this rule is to set forth rules and procedural requirements which the commissioner deems necessary to carry out the provisions of Section 31A-19a-203 as to the rate and supplementary rate information filings of property and casualty insurers that refer to and incorporate, in whole or in part, prospective loss costs filings made by rate service organizations.