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Utah House Bill 55 – Insurance Amendments

May 9, 2019

Legislature adjourned March 14, 2019

House Bill 55 – Insurance Amendments

Enacted March 25, 2019 | Effective May 14, 2019 [as to 31A-17-519 and 31A-21-311], January 1, 2020 [as to other provisions]]

Among other matters, amends the eligibility requirements for the small company exemption from PBR under Utah Code Ann. § 31A-17-519.  Amends Utah Code Ann. § 31A-21-311 to apply to life insurers and provides that a policy must include the insurer's name & state of domicile.