Section R590-121-2 - Purpose and Scope(1) The purpose of this rule is to establish criteria for:(a) modifying manual rates through insurer rate modification plans; and(b) using rate modification plans to determine whether rates meet the standards under Section 31A-19a-201.(2) This rule applies to: (a) a property and casualty insurer;(b) a rate service organization required to file rates and supplementary information under Section 31A-19a-203;(c) a commercial line of insurance, whether monoline or packaged;(d) workers' compensation insurance; and(e) employers' liability insurance.(3) This rule does not apply to:(a) professional liability insurance;(b) inland marine risks, which, by general custom, are not written according to manual rules or rating plans; and(c) consent-to-rate risks submitted under Subsection 31A-19a-203(6).Utah Admin. Code R590-121-2
Amended by Utah State Bulletin Number 2021-22, effective 11/8/2021