Utah Code 31A-19a-204. Rates open to inspection
Current as of: 2024 | Check for updates
|
Other versions
(1) Rates and supplementary rate information filed under this chapter shall be open to public inspection at any reasonable time.
Terms Used In Utah Code 31A-19a-204
- Filed: means that a filing is:(69)(a)(i) submitted to the department as required by and in accordance with applicable statute, rule, or filing order;(69)(a)(ii) received by the department within the time period provided in applicable statute, rule, or filing order; and(69)(a)(iii) accompanied by the appropriate fee in accordance with:(69)(a)(iii)(A) Section
31A-3-103 ; or(69)(a)(iii)(B) rule. See Utah Code 31A-1-301- Person: includes :
(146)(a) an individual;(146)(b) a partnership;(146)(c) a corporation;(146)(d) an incorporated or unincorporated association;(146)(e) a joint stock company;(146)(f) a trust;(146)(g) a limited liability company;(146)(h) a reciprocal;(146)(i) a syndicate; or(146)(j) another similar entity or combination of entities acting in concert. See Utah Code 31A-1-301- Rate: means that cost of insurance per exposure unit either expressed as:
(12)(a)(i) a single number; or(12)(a)(ii) as a pure premium rate, adjusted before any application of individual risk variations, based on loss or expense considerations to account for the treatment of:(12)(a)(ii)(A) expenses;(12)(a)(ii)(B) profit; and(12)(a)(ii)(C) individual insurer variation in loss experience. See Utah Code 31A-19a-102- Supplementary rate information: includes one or more of the following needed to determine the applicable rate in effect or to be in effect:
(15)(a) a manual or plan of rates;(15)(b) a statistical plan;(15)(c) a classification;(15)(d) a rating schedule;(15)(e) a minimum premium;(15)(f) a policy fee;(15)(g) a rating rule;(15)(h) a rate-related underwriting rule;(15)(i) a rate modification plan; or(15)(j) any other similar information prescribed by rule of the commissioner as supplementary rate information. See Utah Code 31A-19a-102(2) The commissioner shall supply copies to any person on:(2)(a) request; and(2)(b) payment of a reasonable charge. - Person: includes :