R590-264-2. Purpose and Scope

(1) The purpose of this rule is to: (a) require a property and casualty insurer doing business in Utah to prepare annually an actuarial opinion summary providing details of the analysis performed by the appointed actuary; and (b) require a property and casualty insurer domiciled in Utah to file the actuarial opinion summary with the commissioner. (2) This rule applies to a property and casualty insurer doing business in Utah.