This bill updates South Dakota's rules for auditing third-party insurance administrators by allowing audits to be conducted virtually instead of requiring them to be performed in person. Insurers that use administrators handling more than 100 customers must still conduct at least two reviews per year, with at least one being a full audit, but that audit can now happen remotely rather than requiring an on-site visit.
This bill does not directly amend codified state law.
Signed by the Governor H.J. 484
Delivered to the Governor H.J. 420
Signed by the President S.J. 436
Signed by the Speaker H.J. 406
Senate Do Pass Passed, YEAS 32, NAYS 0. S.J. 399
Commerce and Energy Certified uncontested, placed on consent
Commerce and Energy Do Pass Passed, YEAS 9, NAYS 0.
Commerce and Energy Scheduled for hearing
First read in Senate and referred to Senate Commerce and Energy S.J. 248
House of Representatives Do Pass Passed, YEAS 67, NAYS 0. H.J. 227
Commerce and Energy Certified uncontested, placed on consent H.J. 1
Commerce and Energy Do Pass Passed, YEAS 13, NAYS 0. H.J. 1
Commerce and Energy Scheduled for hearing
First read in House and referred to House Commerce and Energy H.J. 174
Julie Auch
Prime sponsor · Rep.
R
Cosponsors
Commerce and Energy — Do Pass
Commerce and Energy — Do Pass