Utah Code § 31A-19a-407
Cooperation among rating organizations and insurers
Utah · Utah Code Title 31A — Insurance Code · Status: effective
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- Citation
- Utah Code § 31A-19a-407, Cooperation among rating organizations and insurers, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2333550
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Full text
(1) Notwithstanding Section 31A-19a-305, rate service organizations and insurers may cooperate with each other in rate-making or in other matters within the scope of this part.
(2)
(a) The commissioner may review the cooperative activities and practices permitted under Subsection (1).
(b) If, after a hearing, the commissioner finds any of the cooperative activities or practices permitted under Subsection (1) to be unfair, unreasonable, or otherwise inconsistent with the law, the commissioner may issue an order:
(i) specifying in what respects the activity or practice is unfair, unreasonable, or otherwise inconsistent with the law; and
(ii) requiring the persons or entities involved to discontinue the activity or practice.