Utah Admin. Code R590-140-7 - Filing of Rate and Manual Pages

(1) An insurer is not required to develop or file final rate pages with the commissioner if the insurer's final rates are determined solely by applying the insurer's adjustment in the Utah Insurer Loss Costs Multiplier Filing Forms pages one and two and, if applicable, the Expense Constant Supplement to the prospective loss costs contained in the reference filing and printed in the rate service organization's rating manual .
(2) An insurer must file final rate pages with the commissioner if:
(a) the insurer prints and distributes the final rate pages for the insurer's own use; and
(b) the rates are based on the application of the insurer's filed adjustments to a rate service organization's prospective loss costs .
(3) An insurer must submit the insurer's rates to the commissioner when a rate service organization does not print prospective loss costs in the rate service organization's rating manual.
(4) An insurer must file certain premium elements, such as minimum premiums, when a rate service organization does not file the premium elements.

Notes

Utah Admin. Code R590-140-7
Amended by Utah State Bulletin Number 2021-24, effective 12/9/2021

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