The COVID Project
The record
- Jurisdiction
- Utah
- Level
- Sector regulator
- Authority
- Utah Insurance Rule R590-190 (claims settlement practices); Utah Code Title 31A
- Issued
- 2020-03-23 Mar. 23, 2020
- Effective
- 2020-03-23
- End
- Guidance; no stated end (read as 2020-06-30)
- In force
- Mar. 23, 2020 to June 30, 2020
- Quarters
- 2020 Q2
2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3
- Limitation types
- Other
- Addressees
- insurers offering property and casualty insurance coverage in Utah
- Functions reached
- IN insurance claims handling (business interruption)
- regulator's recognition of 'unforeseen business closures' in March 2020
- Collection
- Utah UT
Operative words
The Department recognizes that earthquake damage and unforeseen business closures can cause financial stress, and strongly requests that insurers work to remediate their insureds in a timely manner.... The Department urges insurers to promptly process and pay claims related to earthquake or COVID-19 - particularly claims for business interruption losses to minimize the impact to insureds.
Enforcement
Regulatory guidance to licensed insurers
Notes
Issued two days after the UDOH Mar. 21 order; scanned document read by OCR.
Retrieval noteDate confirmed by OCR ('DATED this 23rd day of March 2020'); file renamed from a provisional Mar. 24 date.