R590-121-2. Purpose and Scope

(1) The purpose of this rule is to establish criteria for: (a) modifying manual rates through insurer rate modification plans; and (b) using rate modification plans to determine whether rates meet the standards under Section 31A-19a-201. (2) This rule applies to: (a) a property and casualty insurer; (b) a rate service organization required to file rates and supplementary information under Section 31A-19a-203; (c) a commercial line of insurance, whether monoline or packaged; (d) workers' compensation insurance; and (e) employers' liability insurance. (3) This rule does not apply to: (a) professional liability insurance; (b) inland marine risks, which, by general custom, are not written according to manual rules or rating plans; and (c) consent-to-rate risks submitted under Subsection 31A-19a-203(6).