(1) The commissioner may require by order that a particular insurer file any or all
of its rates and supplementary rate information 30 calendar days prior to their effective
date, if the commissioner finds, after a hearing, that to protect the interests of
the insurer's insureds and the public in Utah, the commissioner shall exercise closer
supervision of the insurer's rates, because of the insurer's financial condition or
(2) The commissioner may extend the waiting period described in Subsection (1) for
any filing for not to exceed 30 additional calendar days, by written notice to the
insurer before the first 30-day period expires.
(3) A filing that has not been disapproved before the expiration of the waiting period
is considered to meet the requirements of this chapter, subject to the possibility
of subsequent disapproval under Section 31A-19a-206.
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