UTAH CODE (Last Updated: January 16, 2015) |
Title 31A. Insurance Code |
Chapter 19a. Utah Rate Regulation Act |
Part 4. Workers' Compensation Rates |
§ 31A-19a-403. Definitions.
Latest version.
- As used in this part:
(1) "Uniform classification plan," in addition to the definition of "classification system" in Section 31A-19a-102, means a plan: (a) that is consistent between all insurers of classification codes and descriptions; and (b) by which like workers' compensation exposures are grouped for the purposes of underwriting, rating, and statistical reporting. (2) "Uniform experience rating plan" means a plan that is consistent between all insurers for experience rating entities insured for workers' compensation insurance. (3) "Uniform statistical plan" means a plan that is consistent between all insurers that is used for the reporting of workers' compensation insurance statistical data.
Amended by Chapter 90, 2004 General Session