Utah Administrative Code (Current through November 1, 2019) |
R590. Insurance, Administration |
R590-264. Property and Casualty Actuarial Opinion Rule |
R590-264-5. Actuarial Opinion Summary
Latest version.
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(1) Every property and casualty insurance company domiciled in this states that is required to submit a Statement of Actuarial Opinion shall annually file with the commissioner an Actuarial Opinion Summary, prepared and signed by the company's Appointed Actuary.
(2) This Actuarial Opinion Summary shall be prepared in accordance with the appropriate NAIC Property and Casualty Annual Statement Instructions and shall be considered as a document supporting the Actuarial Opinion.
(3) A property and casualty insurance company licensed but not domiciled in this state shall provide the Actuarial Opinion Summary upon request.