Utah Statutes
§ 31A-19a-405 — Filing of rates and other rating information.
Utah·Title 31A Insurance Code·Ch. 31A-19a Utah Rate Regulation Act·Part 31A-19a-4 Workers' Compensation Rates
(1)(1)(a) All workers' compensation rates, supplementary rate information, and supporting information shall be filed at least 30 days before the effective date of the rate or information.
(1)(b) Notwithstanding Subsection (1)(a), on application by the filer, the commissioner may authorize an earlier effective date.
(2)The loss and loss adjustment expense factors included in the rates filed under Subsection (1) shall be:
(2)(a) the advisory loss costs filed by the designated rate service organization under Section 31A-19a-406; or
(2)(b) a percent modification of the advisory loss costs filed by the designated rate service organization under Section 31A-19a-406.
(3)A modification filed under Subsection (2)(b) shall be accompanied by adequate support as required by Part 2, General Rate Re
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Legislative History
Amended by Chapter 32, 2020 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.