Utah Code 31A-25-102. Scope and purposes

(1) This chapter applies to all third party administrators.

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Insurance: includes :
          (96)(b)(i) a risk distributing arrangement providing for compensation or replacement for damages or loss through the provision of a service or a benefit in kind;
          (96)(b)(ii) a contract of guaranty or suretyship entered into by the guarantor or surety as a business and not as merely incidental to a business transaction; and
          (96)(b)(iii) a plan in which the risk does not rest upon the person who makes an arrangement, but with a class of persons who have agreed to share the risk. See Utah Code 31A-1-301
Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.

(2) The purposes of this chapter include:

(2)(a) encouraging disclosure of contracts between insurers and third party administrators, both to potential insureds and to the commissioner;

(2)(b) promoting the financial responsibility of third party administrators;

(2)(c) subjecting persons administering insurance in Utah to the jurisdiction of the Utah commissioner and courts;

(2)(d) regulating third party administrators’ practices in conformity with the general purposes of this title; and

(2)(e) governing the qualifications and procedures for the licensing of third party administrators.