Utah Code 31A-19a-308. Rate service organizations — Filing requirements
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(1) A rate service organization shall file with the commissioner any of the following that is used in this state:
Terms Used In Utah Code 31A-19a-308
- Prospective loss costs: means the same as pure premium rate. See Utah Code 31A-19a-102
- Rate service organization: means a person who assists an insurer in rate making or filing by:(164)(a)(i) collecting, compiling, and furnishing loss or expense statistics;(164)(a)(ii) recommending, making, or filing rates or supplementary rate information; or(164)(a)(iii) advising about rate questions, except as an attorney giving legal advice. See Utah Code 31A-1-301
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(1)(a) any statistical plan;(1)(b) all prospective loss costs;(1)(c) provisions for special assessments;(1)(d) all supplementary rating information; and(1)(e) any change, amendment, or modification of an item described in Subsections (1)(a) through (d).
(2) The filings required under Subsection (1) shall be subject to Sections 31A-19a-203 and 31A-19a-206 and other provisions of this chapter relating to filings made by insurers.