Department of Labor and Regulation
Additions to the South Dakota Division of Insurance administrative rules.
Effective···The Division of Insurance is proposing to adopt the NAIC valuation manual via administrative rule. This will revise the reserving method for insurers. This new method is called Principle-based reserving (PBR).
Rulemaking Pipeline
- Public hearingOctober 24, 2016
- Comment deadlineNovember 3, 2016
- Rules Review CommitteeNovember 14, 2016
- Filed with Secretary of StateNovember 15, 2016
- EffectiveDecember 5, 2016
Affected ARSD Rules
No specific cites listed — see the package documents.
Documents
Some documents are only downloadable from the state portal page ↗.
Agency contact: Jerry McCabe · [email protected]
Source: rules.sd.gov #316 ↗