Utah Statutes

§ 31A-19a-307 — Rate service organizations -- Permitted activity.

Utah·Title 31A Insurance Code·Ch. 31A-19a Utah Rate Regulation Act·Part 31A-19a-3 Rate Service Organizations

A rate service organization may on behalf of its members and subscribers:

(1)develop statistical plans including territorial and class definitions;
(2)collect statistical data from:
(2)(a) members;
(2)(b) subscribers; or
(2)(c) any other source;
(3)prepare, file, and distribute prospective loss costs which may include provisions for special assessments;
(4)prepare, file, and distribute:
(4)(a) factors;
(4)(b) calculations;
(4)(c) formulas pertaining to classification; or
(4)(d) territory, increased limits, and other variables;
(5)prepare, file, and distribute supplementary rating information;
(6)distribute information that is required or directed to be filed with the commissioner;
(7)conduct research and on-site inspections to prepare classifications of public fire defenses;
(8)c

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

Utah § 31A-19a-307 (Rate service organizations -- Permitted activity.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Enacted by Chapter 130, 1999 General Session

Nearby Sections

15
View on official source ↗