R590-225-3

R590-225-3. Definitions

Last amended: 2024Length: 386 wordsOfficial source

Cite as Utah Admin. Code R590-225-3

Terms used in this rule are defined in Sections 31A-1-301 and 31A-19a-102. Additional terms are defined as follows: (1) "Certification" means a statement that the filing being submitted is compliant. (2)(a) "Compliant" means a filing complies with: (i) Title 31A, Utah Insurance Code; and (ii) Title R590, Administration. (b) In addition to Subsection (2)(a), a title insurer, agency title insurance producer, or individual title insurance producer shall comply with Title R592, Title and Escrow Commission. (3) "Electronic filing" means a: (a) filing submitted using the System for Electronic Rate and Form Filings, SERFF; or (b) filing submitted using an email system. (4) "File and use" means a filing is used, sold, or offered for sale after it is filed with the department. (5) "File before use" means a filing is used, sold, or offered for sale after it is filed with the department and a stated period has elapsed from the date filed. (6) "Filer" means a person who submits a filing. (7) "Filing objection letter" means a letter issued by the commissioner when a review determines the filing is not compliant and may require: (a) correction of non-compliant items; (b) clarification; or (c) additional information pertaining to the filing. (8) "Letter of authorization" means a letter signed by an officer of the licensee giving authority to the filer to submit a filing on behalf of the licensee. (9) "Licensee" means an insurer, a bail bond agency, a service contract provider, or a guaranteed asset protection provider. (10) "Order to prohibit use" means an order issued by the commissioner prohibiting the use of a filing. (11) "RSO" means rate service organization. (12) "Rejected" means a filing is: (a) not compliant; (b) returned to the filer stating the reason for rejection; and (c) not considered filed with the department. (13) "Type of insurance" or "TOI" means a specific line of property and casualty insurance including: (a) general liability; (b) commercial property; (c) workers compensation; (d) automobile; (e) homeowners; (f) title; (g) bail bonds; (h) service contracts; and (i) guaranteed asset protection waivers. (14) "Use and file" means a filing is used, sold, or offered for sale if it is filed within a stated period after its initial use. (15) "Utah filed date" means the date provided to a filer by the department indicating a filing is accepted.
R590-225-3: R590-225-3. Definitions | Justis AI