South Dakota 24 — Fire, Marine, Casualty, And Surety Insurance Rates And Rating Organizations
- 58-24-1 — Purpose of chapter.
- 58-24-2 — Application of chapter.
- 58-24-3 — Insurance to which chapter does not apply.
- 58-24-4 — Making of rates--Provisions governing.
- 58-24-5 — Excessive, inadequate, or discriminatory rates prohibited.
- 58-24-6 — Making of rates--Matters considered.
- 58-24-6.1 — Failure of rate to reflect difference in expected losses and expenses as unfairdiscrimination--Averaged group rates not unfairly discriminatory.
- 58-24-7 — Risks grouped by classification for rate-making--Modification of classification rates.
- 58-24-8 — System of expense provisions used in rate-making--Reflection of operating methods.
- 58-24-9 — Uniformity as to rates not required.
- 58-24-10 — Filing of rates with director--Effective date--Character and extent of coverage--Exceptions.
- 58-24-10.1 — Rating rules required to be filed with director--Filing date--Supporting informationrequired.
- 58-24-10.2 — Rate information required to be filed prior to effective date on finding that closersupervision is required--Extension of waiting period--Approval or disapproval.
- 58-24-11 — Repealed.
- 58-24-12 — Satisfaction of insurer's obligations by becoming member or subscriber to licensedrating organization.
- 58-24-13 — Information furnished in support of filing.
- 58-24-14 — Filing open to public inspection--Specially rated inland marine risks.
- 58-24-15 — Review of filings by director.
- 58-24-16 — Repealed.
- 58-24-17 — Filing with respect to specially rated risks--Effective date.
- 58-24-18 — Disapproval of filing prohibited if rates meet requirements.
- 58-24-19 — Disapproval of filings by director--Notice--Contents.
- 58-24-20 — Disapproval of filing with respect to specially rated risks--Notice, contents.
- 58-24-21 — Effect of finding and order that filing does not comply with chapter.
- 58-24-22 — Request by aggrieved party for hearing on filing--Grounds for application.
- 58-24-23 — Hearing on filing--Action by director--Notice of hearing.
- 58-24-24 — Finding that filing does not comply--Order discontinuing filing--Effective date.
- 58-24-25 — Issuance of contract or policy contrary to filings prohibited--Inland marine risksexcepted.
- 58-24-26 — Excess rate approved for specific risk--Filing application.
- 58-24-27 — Assigned risks--Reasonable rate modifications.
- 58-24-28 — Information to be furnished insureds.
- 58-24-29 — Right of insured to hearing on application of rating system.
- 58-24-30 — Appeal to director from rating organization or insurer--Affirmance or reversal ofaction.
- 58-24-31 — Recording and reporting of loss and experience--Rules and statistical plans ofdirector.
- 58-24-32 — Repealed.
- 58-24-33 — Exchange of information and experience data with other states--Consultation as torate-making.
- 58-24-34 — Withholding of or giving false or misleading information--Penalties.
- 58-24-35 — Application for license as rating organization--Filing with director--Contents.
- 58-24-36 — Issuance of license--Finding by director--Time for granting or denying application.
- 58-24-37 — Duration of license of rating organization--Fee.
- 58-24-38 — Suspension or revocation of license--Hearing, notice--Grounds.
- 58-24-39 — Change in rating organization--Notice to director.
- 58-24-40 — Subscribers to be accepted by rating services--Rules and regulations.
- 58-24-41 — Review by director of reasonableness of rule or regulation--Refusal to admit insureras subscriber.
- 58-24-42 — Review by director on failure of rating organization to act on application--Orderadmitting subscriber or affirming action.
- 58-24-43 — Actuarial, technical, or other services provided to subscribers.
- 58-24-44 — Examination of evidences of insurance or cancellation--Rules as to submission--Information confidential.
- 58-24-45 — Rating organization not to regulate payment of dividends, savings, or unabsorbedpremium deposits allowed.
- 58-24-45.1 — Group insurance marketing permitted--Conditions.
- 58-24-46 — Cooperation between organizations and insurers authorized--Review of cooperativeactivities by director.
- 58-24-47 — Appeal to director from rating organization--Order approving or disapproving action.
- 58-24-48 — Appeal based on failure to file for different expense system--Application ofrate-making standards.
- 58-24-49 — Application of insurer to file deviation--Basis for modification--Copy to ratingorganization.
- 58-24-50 — Deviations to be uniform within class.
- 58-24-51 — Criteria considered on application for deviation--Order permitting or denyingdeviation.
- 58-24-52 — Duration of permitted deviation.
- 58-24-53 — "Advisory organization" defined.
- 58-24-54 — Advisory organization--Filing requirements.
- 58-24-55 — Furnishing of information or assistance by advisory organization--Unfair practices,order requiring discontinuance.
- 58-24-56 — Adoption of rate-making recommendations furnished by noncomplying advisoryorganization--Order requiring discontinuance.
- 58-24-57 — Insurers engaging in joint underwriting or joint reinsurance subject to regulation.
- 58-24-58 — Joint underwriting or joint reinsurance--Unfair practices, order requiringdiscontinuance.
- 58-24-59 — Examination by director of rating organization, advisory organization, and groupengaged in joint underwriting or joint reinsurance--Payment of cost--Scope--Acceptance of report of official of another state.
- 58-24-60 — Repealed.
- 58-24-61 — Violation of chapter--Imposition of penalties by director.
- 58-24-62 — Suspension of license of rating organization or insurer--Failure to comply with orderof director--Time of taking effect--Duration.
- 58-24-63 — Written order of director for imposition of penalty and suspension of license--Hearing, notice, findings.
- 58-24-64 — Order of director made without a hearing--Hearing--Affirmance, reversal, ormodification of prior action--Postponement of effective date of prior action.
- 58-24-65 — Rehearing and appeal from order of director.
- 58-24-66 — Notice required for filing for workers' compensation insurance.
- 58-24-67 — Notice to workers' compensation purchaser organizations.
- 58-24-68 — "Exempt commercial policyholder" defined.
- 58-24-69 — "Risk manager" defined.
- 58-24-70 — Exemption from rate and form filing requirements for policy issued to exemptcommercial policyholder--Disclosure requirements.
- 58-24-71 — Third-party consultant disclosure requirements.
- 58-24-72 — Promulgation of rules.
- 58-24-73 — Insurer to maintain and provide copies of disclosures--Examination.
- 58-24-74 — Insurer to maintain records relating to insurance sales to exempt commercialpolicyholder--Examination by director.