R590-140-8
R590-140-8. Existing Rates and Deviations
Cite as Utah Admin. Code R590-140-8
(1) Nothing in this rule may require a rate service organization or the rate service organization's participating insurers to refile rates previously filed with the commissioner.
(2) A rate service organization's participating insurer may continue to use any rate and deviation currently filed for the insurer's use until the insurer:
(a) makes an independent filing to change the insurer's rates; or
(b) files the Utah Insurer Loss Costs Multiplier Filing Forms pages one and two and, if applicable, the Expense Constant Supplement adopting:
(i) a rate service organization's prospective loss costs; or
(ii) the insurer's adjustment to the rate service organization's prospective loss costs.
(3) An insurer shall maintain any document that:
(a) demonstrates the insurer is using rates and deviations that have been filed with the commissioner; and
(b) the commissioner may use to verify the insurer's rates.