Utah Statutes
§ 31A-1-102 — Purposes.
Utah·Title 31A Insurance Code·Ch. 31A-1 General Provisions·Part 31A-1-1 Purposes, Scope, and Application
The purposes of the Insurance Code are to:
(1)ensure the solidity of insurers doing business in Utah;
(2)ensure that policyholders, claimants, and insurers are treated fairly and equitably;
(3)ensure that Utah has an adequate and healthy insurance market, characterized by competitive conditions, the spirit of innovation, and the exercise of initiative;
(4)provide for an insurance department that is expert in the field of insurance and able to enforce the Insurance Code effectively;
(5)encourage cooperation between the Insurance Department and other Utah regulatory bodies, as well as other federal and state governmental entities;
(6)preserve and improve state regulation of insurance;
(7)maintain freedom of contract and enterprise;
(8)encourage self regulation of the insurance indust
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Related
Allen v. Prudential Property & Casualty Insurance Co.
839 P.2d 798 (Utah Supreme Court, 1992)
Nielsen v. O'REILLY
848 P.2d 664 (Utah Supreme Court, 1992)
Derbidge v. Mutual Protective Insurance Co.
963 P.2d 788 (Court of Appeals of Utah, 1998)
Tanner v. Phoenix Insurance Co.
799 P.2d 231 (Court of Appeals of Utah, 1990)
Truck Insurance Exchange v. Rutherford
2017 UT 25 (Utah Supreme Court, 2017)
Legislative History
Enacted by Chapter 242, 1985 General Session
Nearby Sections
15
§ 31A-1-101
Short title.§ 31A-1-102
Purposes.§ 31A-1-103
Scope and applicability of title.§ 31A-1-104
Authorization to do insurance business.§ 31A-1-105
Presumption of jurisdiction.§ 31A-1-106
Residual unlicensed domestic insurers.§ 31A-1-107
Licensees under former Title 31.§ 31A-1-108
Corporations in the process of organizing.§ 31A-1-109
Name of licensee.§ 31A-1-110
Scope of a license.§ 31A-1-201
Construction.§ 31A-1-202
Effect of repeal of former provisions.§ 31A-1-203
Interpretive rules.§ 31A-1-205
Severability.§ 31A-1-301
Definitions.