Utah § 31A-19a-208 Special restrictions on individual insurers.

Utah Statutes

§ 31A-19a-208 — Special restrictions on individual insurers.

Utah § 31A-19a-208

Title 31AInsurance Code

Ch. 31A-19aUtah Rate Regulation Act

Part 31A-19a-2General Rate Regulation

This text of Utah § 31A-19a-208 (Special restrictions on individual insurers.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 31A-19a-208 (2026).

Text

(1)The commissioner may require by order that a particular insurer file any or all of its rates and supplementary rate information 30 calendar days prior to their effective date, if the commissioner finds, after a hearing, that to protect the interests of the insurer's insureds and the public in Utah, the commissioner shall exercise closer supervision of the insurer's rates, because of the insurer's financial condition or rating practices.

(2)The commissioner may extend the waiting period described in Subsection (1) for any filing for not to exceed 30 additional calendar days, by written notice to the insurer before the first 30-day period expires.

(3)A filing that has not been disapproved before the expiration of the waiting period is considered to meet the requirements of this chapter

Free access — add to your briefcase to read the full text and ask questions with AI

(1) The commissioner may require by order that a particular insurer file any or all of its rates and supplementary rate information 30 calendar days prior to their effective date, if the commissioner finds, after a hearing, that to protect the interests of the insurer's insureds and the public in Utah, the commissioner shall exercise closer supervision of the insurer's rates, because of the insurer's financial condition or rating practices.
(2) The commissioner may extend the waiting period described in Subsection (1) for any filing for not to exceed 30 additional calendar days, by written notice to the insurer before the first 30-day period expires.
(3) A filing that has not been disapproved before the expiration of the waiting period is considered to meet the requirements of this chapter, subject to the possibility of subsequent disapproval under Section 31A-19a-206.