Bill > HB0058

This bill amends various sections of the Utah Insurance Code to update provisions related to insurance operations and oversight. Key changes include allowing insurance fraud investigators to investigate crimes committed by licensees and be eligible for public safety retirement benefits, clarifying examination costs for insurers and other regulated entities, and modifying rules for financial condition and market regulation surveillance systems. The bill also introduces new regulations for ambulance membership organizations, including requirements for their plans, financial reserves, and marketing practices, and exempts them from certain insurance regulations. Additionally, it updates provisions concerning the filing of financial statements with the National Association of Insurance Commissioners (NAIC), clarifies rules for captive insurance companies and risk retention groups, and revises requirements for continuing education for insurance producers and consultants. The bill also modifies rules for title insurance producers, including their licensing, financial protection, and escrow activities, and introduces new standards for dental claims processing and transparency. Finally, it makes changes to the Utah Property and Casualty Insurance Guaranty Association Act and updates various definitions and administrative procedures within the Insurance Code.

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https://le.utah.gov/~2026/bills/static/HB0058.html