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Utah Administrative Code (Current through November 1, 2019) |
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R590. Insurance, Administration |
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R590-182. Risk Based Capital Instructions |
| R590-182-1. Authority |
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Latest version.
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This rule is promulgated pursuant to the general rulemaking authority granted the commissioner by Section 31A-2-201 and the specific authority granted by Subsection 31A-17-601(7). |
| R590-182-2. Scope |
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Latest version.
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This rule applies to all health organizations, as defined in Subsection 31A-17-601(3), to all life or accident and health insurers, as defined in Subsection 31A-17-601(4), and to all property and casualty insurers, as defined in Subsection 31A-17-601(5) required by Subsections 31A-17-602(1) or 31A-17-610(1)(a) to file risk based capital reports (RBC). |
| R590-182-3. Rule |
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Latest version.
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A. The instructions contained in Subsection 31A-17-602(2) shall be used by life or accident and health insurers in preparing and filing RBC reports. B. The instructions contained in Subsection 31A-17-602(3) shall be used by property and casualty insurers in preparing and filing RBC reports. C. The instructions contained in Subsection 31A-17-602(4) shall be used by health organizations in preparing and filing RBC reports. |
| R590-182-4. Severability |
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Latest version.
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If any provision of this rule or its application to any person or circumstance is, for any reason, held to be invalid, the remainder of this rule and its application to other persons or circumstances are not affected. |