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20:06:36:24Use of RBC reports in

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

ratemaking and premium setting prohibited. The RBC instructions, RBC reports, adjusted RBC reports, RBC plans, and revised RBC plans may be used by the director only for monitoring the solvency of insurers or health organizations and the need for possible corrective action and may not be used for ratemaking, or considered or introduced as evidence in any rate proceeding, or used to calculate or derive any elements of an appropriate premium level or rate of return for any line of insurance which an insurer, health organization, or any affiliate is authorized to write.

Source: 23 SDR 228, effective July 3, 1997; 41 SDR 93, effective December 3, 2014.

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