The Phase III Hearing on DAO Docket Issues, part of RMP's Rate Case, took place in Utah on March 23, 2025, focusing on critical discussions surrounding insurance allocation factors and wildfire risk assessments.

During the meeting, a key speaker emphasized the complexities of determining allocation factors for insurance premiums, suggesting that the current calculations might yield a higher figure than necessary. The speaker acknowledged the influence of recent legislation, specifically Senate Bill 224, which caps non-economic damages and could potentially lower liability expectations. This legislative change may lead to adjustments in insurance premiums, with the speaker indicating that any further adjustments to the allocation would likely be downward.

The discussion also highlighted the varying perceptions of wildfire risk in Utah. While some witnesses claimed a high probability of wildfire occurrences, the speaker argued that this assessment needs clarification. They pointed out that insurance evaluations consider more than just the number of wildfires; they also take into account the severity and potential impact of these events.

Overall, the meeting underscored the importance of understanding the nuances in insurance calculations and the implications of legislative changes on risk assessments. As the discussions continue, stakeholders will need to navigate these complexities to ensure fair and accurate insurance practices in Utah.