Utah Admin. Code R37-1-6 - Premium Establishment
In addition to other actuarially sound factors, the risk manager may use the following in determining the appropriate premiums for coverage provided to each covered entity:
(1) Efforts at exposure management including
completion of self-inspection surveys, employee training, agency attendance at
Fund-sponsored seminars, agency risk control meetings, risk-related policy
development and implementation.
(2)
Claims and loss history.
(3) State
and federal statutes or court decisions affecting covered entities and
operations.
(4) Number of employees
in the entity and size of the entity's budget.
(5) Value, protection, exposures, and other
characteristics of the entity's buildings and contents.
(6) Number, type, and value of entity
vehicles.
(7) Characteristics and
exposures of operations and activities.
(8) Actuarial studies.
Notes
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