Utah Admin. Code 590-225-3

Current through Bulletin 2024-24, December 15, 2024

Section R590-225-3 - Definitions

Terms used in this rule are defined in Sections 31A-1-301 and 31A-19a-102. Additional terms are defined as follows:

(1) "Certification" means a statement that the filing being submitted is compliant.

(2)

(a) "Compliant" means a filing complies with:

(i) Title 31A, Utah Insurance Code; and

(ii) Title R590, Administration.

(b) In addition to Subsection (2)(a), a title insurer, agency title insurance producer, or individual title insurance producer shall comply with Title R592, Title and Escrow Commission.

(3) "Electronic filing" means a:

(a) filing submitted using the System for Electronic Rate and Form Filings, SERFF; or

(b) filing submitted using an email system.

(4) "File and use" means a filing is used, sold, or offered for sale after it is filed with the department.

(5) "File before use" means a filing is used, sold, or offered for sale after it is filed with the department and a stated period has elapsed from the date filed.

(6) "Filer" means a person who submits a filing.

(7) "Filing objection letter" means a letter issued by the commissioner when a review determines the filing is not compliant and may require:

(a) correction of non-compliant items;

(b) clarification; or

(c) additional information pertaining to the filing.

(8) "Letter of authorization" means a letter signed by an officer of the licensee giving authority to the filer to submit a filing on behalf of the licensee.

(9) "Licensee" means an insurer, a bail bond agency, a service contract provider, or a guaranteed asset protection provider.

(10) "Order to prohibit use" means an order issued by the commissioner prohibiting the use of a filing.

(11) "RSO" means rate service organization.

(12) "Rejected" means a filing is:

(a) not compliant;

(b) returned to the filer stating the reason for rejection; and

(c) not considered filed with the department.

(13) "Type of insurance" or "TOI" means a specific line of property and casualty insurance including:

(a) general liability;

(b) commercial property;

(c) workers compensation;

(d) automobile;

(e) homeowners;

(f) title;

(g) bail bonds;

(h) service contracts; and

(i) guaranteed asset protection waivers.

(14) "Use and file" means a filing is used, sold, or offered for sale if it is filed within a stated period after its initial use.

(15) "Utah filed date" means the date provided to a filer by the department indicating a filing is accepted.

Utah Admin. Code R590-225-3

Amended by Utah State Bulletin Number 2018-1, effective 12/8/2017

Amended by Utah State Bulletin Number 2019-12, effective 5/22/2019

Amended by Utah State Bulletin Number 2020-19, effective 9/22/2020

Amended by Utah State Bulletin Number 2023-06, effective 3/10/2023