Utah Administrative Code (Current through November 1, 2019) |
R592. Insurance, Title and Escrow Commission |
R592-10. Title Insurance Regulation Assessment for Agency Title Insurance Producers and Title Insurers |
R592-10-2. Purpose and Scope
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(1) The purposes of this rule are to:
(a) establish the categories of costs and expenses incurred by the department in administering, investigating and enforcing the provisions of Title 31A, Chapter 23a, Parts IV and V related to the marketing of title insurance and the audits of agency title insurance producers;
(b) require the reporting by an agency title insurance producer and a title insurer of the mailing address and physical location of each office in each county where the agency title insurance producer or title insurer maintains an office;
(c) establish a calculation method for the calculation of the number of agency title insurance producer or title insurer offices; and
(d) determine the premium year used in calculating the assessment of title insurers.
(2) This rule applies to all title insurers and agency title insurance producers.