Section R590-244-11 - Appointment and Termination of Appointment by an Insurer(1) Appointment. (a) An insurer shall appoint an individual or agency licensee with whom the insurer has a producer contract.(b) An appointment is continuous until terminated by the insurer or canceled by the department.(c) An insurer is not required to appoint an individual who is designated by an appointed agency.(d) To appoint, an insurer shall: (i) state the date on which the appointment is effective; and(ii) submit the appointment to the commissioner using Sircon or NIPR no later than 15 days after:(A) the date on which the producer contract is executed; or(B) the date on which the insurer receives the first insurance application from the licensee.(2) Terminating an Appointment. (a) An insurer shall terminate an appointment when a previously appointed individual or agency is no longer authorized to conduct business for the insurer in Utah.(b) To terminate an appointment, an insurer shall:(i) state the date on which the termination is effective; and(ii) submit the termination to the commissioner using Sircon or NIPR no later than 30 days after the effective date of termination.(c) Within 15 days after submitting a termination, an insurer shall notify the licensee of the termination and the reason for it by mail or email at the licensee's last known address or email address.(3) Reporting Termination for Cause.(a) An insurer that terminates an appointment for cause shall report to the commissioner the cause of termination if required by Subsection 31A-23a-115(3)(a).(b) The report and attachments shall be submitted to licensing.uid@utah.gov within 15 days after submitting the notice of termination required by Subsection (2)(c).(c) The report shall: (i) quote the specific reason or reasons from Subsection 31A-23a-111(5)(b);(ii) state the specific facts and reasoning on which the decision to terminate was based;(iii) list and include any document, photograph, video or audio recording, or other material that supports the insurer's decision to terminate;(iv) include a copy of each written finding or conclusion by a court, government body, agency, or self-regulatory organization that supports the termination; and(v) include a copy of the notice required by Subsection (2)(c).Utah Admin. Code R590-244-11
Amended by Utah State Bulletin Number 2015-3, effective 1/12/2015Amended by Utah State Bulletin Number 2017-24, effective 11/21/2017Amended by Utah State Bulletin Number 2021-02, effective 1/8/2021Amended by Utah State Bulletin Number 2023-08, effective 4/7/2023