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20:06:22:04Filings

Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗

of rate revisions. In addition to the requirements in § 20:06:22:05, filings of rate revisions for a previously approved policy form shall include the following: (1) A statement of the scope and reason for the revision, and an estimate of the expected average effect on premiums, including the original anticipated loss ratio for the form; (2) A statement of whether the filing applies only to new business, only to in-force business, or both, and the reason; and (3) A history of the experience under existing rates.

Source: 16 SDR 208, effective June 3, 1990; 39 SDR 219, effective June 26, 2013.

General Authority