Utah Code § 31A-1-102 (2026)

ensure the solidity of insurers doing business in Utah;

ensure that policyholders, claimants, and insurers are treated fairly and equitably;

ensure that Utah has an adequate and healthy insurance market, characterized by competitive conditions, the spirit of innovation, and the exercise of initiative;

provide for an insurance department that is expert in the field of insurance and able to enforce the Insurance Code effectively;

encourage cooperation between the Insurance Department and other Utah regulatory bodies, as well as other federal and state governmental entities;

preserve and improve state regulation of insurance;

maintain freedom of contract and enterprise;

encourage self regulation of the insurance industry;

encourage loss prevention as part of the insurance industry;

keep the public informed on insurance matters; and

achieve other purposes stated elsewhere in the Insurance Code.