Home Warranty Annual Statement Filing

4315 South 2700 West, Suite 2300, Taylorsville, Utah 84129 ● Office (801) 957-9200 ● Facsimile (385) 465-6047 ● insurance.utah.gov State of Utah SPENCER J. COX Governor DEIDRE M. HENDERSON Insurance Department JONATHAN T. PIKE Insurance Commissioner BULLETIN 2025-11 To: Home Warranty Providers From: Jonathan T. Pike, Insurance Commissioner Date: December 4, 2025 Subject: Home Warranty Annual Statement Filing A home warranty provider that is backed by a security deposit, a surety bond, or an irrevocable letter of credit must file an audited financial statement within 90 days after the close of its fiscal year. Utah Admin. Rules R590-166-6. An increasing number of providers are not meeting this deadline. Under Subsection R590-166- 6(3), a provider that does not timely file the annual statement may be: • fined $500 for each month, or any part thereof, during which the statement has not been timely filed; • subject to suspension until a compliant statement is filed; and • subject to revocation. Starting in 2026, the Department will begin fining, suspending, and revoking providers that do not meet the deadline. For any questions, please contact the Property and Casualty Division at 801-957-9305 or propcas@utah.gov. DATED this 4th day of December 2025. _________________________________ Jonathan T. Pike Insurance Commissioner