(1) The purpose of this rule is to provide standards for:
(a) an individual or agency licensee for:
- (i) obtaining, renewing, or reinstating a license;
- (ii) maintaining any legal liability coverage or surety bond requirements; and
- (iii) making other miscellaneous license amendments;
- (b) an insurer for the initial appointment or the termination of an appointment of an individual or agency licensee; and
- (c) an agency for the initial designation or the termination of a designation of an individual licensee to the agency's license.
(2) This rule applies to:
(a) an individual or agency licensed under:
- (i) Title 31A, Chapter 23a, Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries;
- (ii) Title 31A, Chapter 23b, Navigator License Act;
- (iii) Title 31A, Chapter 25, Third Party Administrators;
- (iv) Title 31A, Chapter 26, Insurance Adjusters; and
- (v) Title 31A, Chapter 35, Bail Bond Act; and
- (b) an admitted insurer doing business in Utah.
KEY: insurance licensing requirements
Date of Last Change: April 7, 2023
Notice of Continuation: June 10, 2024
Authorizing, and Implemented or Interpreted Law: 31A-2-201; 31A-23a-102; 31A-23a-111; 31A-23a-115; 31A-23a-203.5; 31A-23a-302; 31A-23b-102; 31A-23b-205; 31A-23b-207; 31A-23b-209; 31A-23b-401; 31A-25-201; 31A-25-208; 31A-26-207; 31A-26-210; 31A-26-213; 31A-35-104; 31A-35-301; 31A-35-401; 31A-35-406