31A-19a-208. Special restrictions on individual insurers.
(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 must 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.
Renumbered and Amended by Chapter 130, 1999 General Session
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Last revised: Thursday, May 28, 2009