Auditors give Utah Insurance Department favorable review

The state department that regulates the Utah insurance industry received a generally favorable review in an audit of its operations released Monday by the Office of the Legislative Auditor General. The audit, however, suggested several areas where the Utah Insurance Department (UID) needs to improve. Two of those areas centered around shortcomings in the way the department communicates with those it regulates. The department, which operates with an annual budget of more than $8 million, administ...

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