{"id":"UT-057","kind":"order","level":"sector-regulator","jurisdiction":"Utah","state":"UT","metro":"","industry":"","agency":"","eco":"","issuer":"Todd E. Kiser, Utah Insurance Commissioner, Utah Insurance Department","authority":"Utah Code 31A-19a-216(1) (guidance on receipt of premium)","instrument":"Bulletin 2020-3","title":"Premium Holiday for Employers that have Closed Due to the Coronavirus but Continue to Pay Employees","dateIssued":"2020-03-26","effective":"2020-03-26","end":"Guidance; no stated end","startDate":"2020-03-26","endDate":"2020-06-30","quarters":["2020Q2"],"types":["OTHER"],"addressees":["insurers offering workers\u0027 compensation insurance in Utah"],"clause":"Government authorities recently imposed social distancing restrictions to reduce the spread of the coronavirus in Utah communities. Those restrictions have the effect of limiting the operations of many businesses. In response, some business owners have decided to close but continue to pay employees.... Utah law does not prohibit workers\u0027 compensation carriers from suspending premium payments by the closed-but-paying employers.","enforcement":"Regulatory guidance to licensed insurers","functions":["IN insurance (premium treatment for closed employers)","State regulator\u0027s contemporaneous finding that government restrictions limited business operations"],"notes":"A State regulator\u0027s own recital, six days after the first UDOH closure order, that governmental restrictions \u0027have the effect of limiting the operations of many businesses.\u0027","sourceUrl":"https://insurance.utah.gov/wp-content/uploads/2020-3Signed.pdf","snapshot":"","fileExists":true,"fileBytes":1042275,"grade":"primary","character":"","description":"","collection":"UT","url":"/library/UT-057","exhibitUrl":"/exhibit/UT-057","citation":"Todd E. Kiser, Utah Insurance Commissioner, Utah Insurance Department, Bulletin 2020-3 (Mar. 26, 2020) (Ex. UT-057)","stateName":"Utah","related":["UT-061"]}