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Utah Insurance Department

The state of Utah is part of the U.S. insurance regulatory framework which is a highly coordinated state-based national system designed to protect policyholders and to serve the greater public interest through the effective regulation of the U.S. insurance marketplace. Through the National Association of Insurance Commissioners (NAIC), U.S. insurance regulators.

Establish national standards and best practices, conduct peer reviews and coordinate their regulatory oversight to better protect the interests of consumers while ensuring a strong, viable insurance marketplace. U.S. insurance regulators also participate in the Internationa l Association of Insurance Supervisors (IAIS) along with the NAIC by participating in major standard setting initiatives, including working with fellow regulators from around the world to better supervise cross-border insurers, identifying systemic risk in the insurance sector, and creating international best practices.

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News

Don’t Stimulate Fraud

Economic stimulus payments arriving now from the federal government are an enticing target for scammers. They have many too-good-to-be-true methods for taking your money. […]

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COVID-19 and Medical ID Cyber Fraud

Hackers want your medical ID, Social Security number, and other sensitive personal information so they can bill your insurance for fake treatments and procedures. Don’t let them get it. […]

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Health Care’s Limited Coverage Areas

With COVID-19 on the minds of all Utahns, many people are looking at their coverage options. Consumer protection laws govern many types of health coverage, like plans purchased through an employer or through the Health Insurance Marketplace, but other types of plans aren’t required to protect consumers in the same way. […]

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Notice of Company Applying to Become a Utah Certified Reinsurer

Watford Re LTD, a Bermuda insurance company, has applied to become a Certified Reinsurer in the State of Utah. If you have any questions or concerns please contact Jay Sueoka with the Utah Insurance Department at 801-538-3814 or by email at jsueoka@utah.gov no later than April 30, 2020. […]

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About Us

The Utah Insurance Department is part of the U.S. insurance regulatory framework which is a highly coordinated state-based national system designed to protect policyholders and to serve the greater public interest through the effective regulation of the U.S. insurance marketplace.

Through the National Association of Insurance Commissioners (NAIC), U.S. insurance regulators establish national standards and best practices, conduct peer reviews and coordinate their regulatory oversight to better protect the interests of consumers while ensuring a strong, viable insurance marketplace. U.S. insurance regulators also participate in the International Association of Insurance Supervisors (IAIS) along with the NAIC by participating in major standard setting initiatives, including working with fellow regulators from around the world to better supervise cross-border insurers, identifying systemic risk in the insurance sector, and creating international best practices.

Read More