1. (1) The purpose of this rule is to establish criteria for:

   1. (a) modifying manual rates through insurer rate modification plans; and
   2. (b) using rate modification plans to determine whether rates meet the standards under Section 31A-19a-201.

2. (2) This rule applies to:

   1. (a) a property and casualty insurer;
   2. (b) a rate service organization required to file rates and supplementary information under Section 31A-19a-203;
   3. (c) a commercial line of insurance, whether monoline or packaged;
   4. (d) workers' compensation insurance; and
   5. (e) employers' liability insurance.

3. (3) This rule does not apply to:

   1. (a) professional liability insurance;
   2. (b) inland marine risks, which, by general custom, are not written according to manual rules or rating plans; and
   3. (c) consent-to-rate risks submitted under Subsection 31A-19a-203(6).

KEY: insurance law

Date of Last Change: November 8, 2021

Notice of Continuation: December 8, 2021

Authorizing, and Implemented or Interpreted Law: 31A-2-201; 31A-2-203; 31A-19a-201; 31A-19a-202; 31A-19a-203; 31A-23-302