Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2025 | Updated by Findlaw Staff
A rate service organization may on behalf of its members and subscribers:
(1) develop statistical plans including territorial and class definitions;
(2) collect statistical data from:
(a) members;
(b) subscribers; or
(c) any other source;
(3) prepare, file, and distribute prospective loss costs which may include provisions for special assessments;
(4) prepare, file, and distribute:
(a) factors;
(b) calculations;
(c) formulas pertaining to classification; or
(d) territory, increased limits, and other variables;
(5) prepare, file, and distribute supplementary rating information;
(6) distribute information that is required or directed to be filed with the commissioner;
(7) conduct research and on-site inspections to prepare classifications of public fire defenses;
(8) consult with public officials regarding public fire protection as it would affect members, subscribers, and others;
(9) conduct research and onsight inspections to discover, identify, and classify information relating to causes or prevention of losses;
(10) conduct research relating to the impact of statutory changes upon prospective loss costs;
(11) prepare, file, and distribute policy forms and endorsements;
(12) consult with members, subscribers, and others concerning use and application of the policy forms and endorsements described in Subsection (11);
(13) conduct research and on-site inspections for the purpose of providing risk information relating to individual structures;
(14) conduct on-site inspections to determine rating classifications for individual insureds;
(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) collect and compile exposure and loss experience for the purpose of individual risk experience ratings;
(17) furnish any other services, as approved or directed by the commissioner, related to those enumerated in this section; and
(18) engage in any other activity not prohibited by this title.
Cite this article: FindLaw.com - Utah Code Title 31A. Insurance Code § 31A-19a-307. Rate service organizations--Permitted activity - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-31a-insurance-code/ut-code-sect-31a-19a-307/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)