DAR File No. 39313

Insurance, Administration

Rule R590-231

Workers' Compensation Market of Last Resort

Five-Year Notice of Review and Statement of Continuation

DAR File No.: 39313
Filed: 04/29/2015 01:02:41 PM

NOTICE OF REVIEW AND STATEMENT OF CONTINUATION

Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:

Section 31A-19a-404 provides rulemaking authority for the recording and reporting of statistical data and experience rating data. Section 31A-20-103 provides authority to define lines and classes of insurance. Section 31A-22-1010 sets reporting requirements for workers' compensation deductible policies. Section 31A-2-201 provides general rulemaking authority to implement the provision of Title 31A.

Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:

The department has not received any written comments regarding this rule in the past five years.

Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:

This rule provides a definition of "Market of Last Resort" and provides eligibility criteria for employers. The definition is required to monitor assignment to the market of last resort.

The full text of this rule may be inspected, during regular business hours, at the Division of Administrative Rules, or at:

Insurance
Administration
Room 3110 STATE OFFICE BLDG
450 N MAIN ST
SALT LAKE CITY, UT 84114-1201

Direct questions regarding this rule to:

• Steve Gooch at the above address, by phone at 801-538-3803, by FAX at 801-538-3829, or by Internet E-mail at [email protected]

Effective:

04/29/2015

Authorized by:

Todd Kiser, Commissioner