There is a newer version of the South Dakota Codified Laws
2014 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 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- § 58-24-11 Repealed.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 of 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- § 58-24-16 Repealed.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--Contents.
- § 58-24-36 Issuance of license--Finding by director--Time for granting or denying application.
- § 58-24-37 Duration of rating organization license--Fee.
- § 58-24-38 Suspension or revocation of license.
- § 58-24-39 Notice to director of change in license application information.
- § 58-24-40 Subscribers to rating services--Rules of rating organization.
- § 58-24-41 Review by director of reasonableness of rule or refusal to admit insurer as subscriber.
- § 58-24-42 Order affirming action of rating organization.
- § 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 Regulation of payment of dividends, savings, or unabsorbed premium depositsprohibited.
- § 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 action of rating organization--Hearing--Order.
- § 58-24-48 Appeal based on failure to file for different expense system--Application of rate-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 license required.
- § 58-24-54 Advisory organization filing requirements.
- § 58-24-55 Unfair or unreasonable advisory organization practices--Order requiringdiscontinuance.
- § 58-24-56 Filings based on information furnished by noncompliant advisory organizationprohibited--Order requiring discontinuance.
- § 58-24-57 Insurers engaging in joint underwriting or joint reinsurance subject to regulation.
- § 58-24-58 Unfair or unreasonable practices of joint underwriters or joint reinsurers--Orderrequiring discontinuance.
- § 58-24-59 Examination of rating organizations, advisory organizations, joint underwriters, andjoint reinsurers--Acceptance of report of official of another state.
- § 58-24-60 Repealed.
- § 58-24-61 Violation of chapter--Penalties.
- § 58-24-62 Suspension of license of rating organization or insurer.
- § 58-24-63 Written order of director for imposition of penalty and suspension of license--Hearing, notice, findings.
- § 58-24-64 Request for hearing on order or decision--Notice--Affirmance, reversal, ormodification.
- § 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.
- § 58-24-75 Premium increase prohibited for certain accidents involving law enforcement,emergency, or snow removal personnel--Exception.
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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