Cooperation among rating organizations and insurers
Utah Code § 31A-19a-407
in effect31A-19a-407. Cooperation among rating organizations and insurers
(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.
Enacted by Chapter 130, 1999 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title31A/Chapter19A/31A-19a-S407.html?v=C31A-19a-S407_1800010118000101Fetched: 10/26/2026
