Utah Admin. Code 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.
Notes
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