Section R590-140-8 - Existing Rates and Deviations(1) Nothing in this rule may require a rate service organization or the rate service organization's participating insurers to refile rates previously filed with the commissioner.(2) A rate service organization's participating insurer may continue to use any rate and deviation currently filed for the insurer's use until the insurer: (a) makes an independent filing to change the insurer's rates; or(b) files the Utah Insurer Loss Costs Multiplier Filing Forms pages one and two and, if applicable, the Expense Constant Supplement adopting: (i) a rate service organization's prospective loss costs ; or(ii) the insurer's adjustment to the rate service organization's prospective loss costs .(3) An insurer shall maintain any document that: (a) demonstrates the insurer is using rates and deviations that have been filed with the commissioner; and(b) the commissioner may use to verify the insurer's rates.Utah Admin. Code R590-140-8
Amended by Utah State Bulletin Number 2021-24, effective 12/9/2021