Utah Code Ann. § 31A-19a-307

Rate service organizations -- Permitted activity.

Enacted by Chapter 130, 1999 General Session

A rate service organization may on behalf of its members and subscribers:

  1. (1) develop statistical plans including territorial and class definitions;
  2. (2) collect statistical data from:

    1. (a) members;
    2. (b) subscribers; or
    3. (c) any other source;
  3. (3) prepare, file, and distribute prospective loss costs which may include provisions for special assessments;
  4. (4) prepare, file, and distribute:

    1. (a) factors;
    2. (b) calculations;
    3. (c) formulas pertaining to classification; or
    4. (d) territory, increased limits, and other variables;
  5. (5) prepare, file, and distribute supplementary rating information;
  6. (6) distribute information that is required or directed to be filed with the commissioner;
  7. (7) conduct research and on-site inspections to prepare classifications of public fire defenses;
  8. (8) consult with public officials regarding public fire protection as it would affect members, subscribers, and others;
  9. (9) conduct research and onsight inspections to discover, identify, and classify information relating to causes or prevention of losses;
  10. (10) conduct research relating to the impact of statutory changes upon prospective loss costs;
  11. (11) prepare, file, and distribute policy forms and endorsements;
  12. (12) consult with members, subscribers, and others concerning use and application of the policy forms and endorsements described in Subsection (11);
  13. (13) conduct research and on-site inspections for the purpose of providing risk information relating to individual structures;
  14. (14) conduct on-site inspections to determine rating classifications for individual insureds;
  15. (15) collect, compile, and publish past and current prices of individual insurers, provided the information is also made available to the general public at a reasonable cost;
  16. (16) collect and compile exposure and loss experience for the purpose of individual risk experience ratings;
  17. (17) furnish any other services, as approved or directed by the commissioner, related to those enumerated in this section; and
  18. (18) engage in any other activity not prohibited by this title.

Enacted by Chapter 130, 1999 General Session

Log InSign Up