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
- SDCL 58-17-87 ↗Amended by HB1001 (2021) — correct technical errors in statutory cross-references regarding insurance.Amended by HB1012 (2020) — correct technical errors in statutory cross-references.
- SDCL 58-18B-18 ↗