Section R590-91-11 - Rating Procedures for Direct Business Only(1) An insurer may file for approval and use a rate that is higher than a prima facie rate if the higher rate is expected to produce a minimum loss ratio that Section 31A-22-807 requires.(2) An insurer may use a rate that is lower than the insurer's filed rate without notifying the commissioner.Utah Admin. Code R590-91-11
Adopted by Utah State Bulletin Number 2022-07, effective 3/25/2022