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Property and Casualty

COVID-19 Report

close up of a coronavirus molecule

Property and Casualty

COVID-19 Report

Utah

For Benefits Compliance specific state updates for Utah click here.

April 08, 2020

April 2, 2020, the Utah Insurance Department issued Bulletin 2020-4 in which insurers were encouraged to adjust premiums when possible where premium is based on payroll, sales or other projections that don't reflect actual performance. Where premium is based on operations that have ceased, the same opportunity is available. Where businesses have adapted their operations to meet the new coronavirus reality (curbside pick-up and product delivery being examples) insurers should consider offering additional coverage options to support those new operations. Insurers are encouraged to pursue these opportunities where available.

UT Bulletin 2020-4

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April 16, 2020

On April 2, 2020 the Utah Insurance Department issued Bulletin 2020-4 encouraging insurers to adjust premiums when possible. The bulletin also requests that insurers consider offering additional coverage options in an effort to support those new operations like curbside pick-up and product delivery.

UT Bulletin 2020-4

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