R590-140-8

R590-140-8. Existing Rates and Deviations

Last amended: 2025Length: 139 wordsOfficial source

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.
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