Utah Code § 31A-26-101

Current with legislation effective through 5/2/2024

Section 31A-26-101 - Purposes

The purposes of this chapter are:

(1) to promote the professional competence of those engaged in claims adjusting;

(2) to encourage fair and rapid settlement of claims;

(3) to protect claimants under insurance policies from unfair claims adjustment practices;

(4) to prevent compensation arrangements for insurance adjusters that endanger the fairness of claim settlements; and

(5) to govern the qualifications and procedures for the licensing of insurance adjusters.

Utah Code § 31A-26-101

Amended by Chapter 116, 2001 General Session.