Multi-Insurer Applications, Accident & Health, Life and Annuity

BULLETIN 2004-2 MULTI-INSURER APPLICATIONS ACCIDENT & HEALTH, LIFE AND ANNUITY The purpose of this bulletin is to inform accident and health, life, and annuity insurers and producers that multi-insurer applications must be filed with the Utah Insurance Department before they may be used. Numerous problems have arisen in the market regarding multi- insurer applications that have been created by producers and/or insurers to service multiple insurers. These applications are considered a form under Utah Code Annotated (U.C.A.) § 31A-1-301(62) and must be filed with the department in accordance with U.C.A. § 31A-21-201(1) and Utah Administrative Code (U.A.C.) Rules R590-220 and 226. “Multi-insurer application” means an application that affects or identifies more than one, affiliated or unaffiliated, insurer. A multi-insurer application must be submitted by a filer as defined in U.A.C. Rules R590-220 and 226. A filer, filing a multi-insurer application on behalf of an insurer, must include a letter of authorization from the insurer. A multi-insurer application filing must include a letter of authorization for each insurer that is affected by or identified on the application. An insurer shall not accept a multi-insurer application that has not been filed with the department. DATED this 6th day of May 2004. ______________________________ MERWIN U. STEWART Insurance Commissioner [Back to Top] Bulletin http://www.insurance.utah.gov/bulletin/2004-2.htm 1 of 1 6/25/2008 3:18 PM