S.D. Admin. R. 20:06:22:04

Current through Register Vol. 50, page 159, June 17, 2024

Section 20:06:22:04 - Filings 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.

S.D. Admin. R. 20:06:22:04

16 SDR 208, effective 6/3/1990; 39 SDR 219, effective 6/26/2013.

General Authority: SDCL 58-17-87(5), 58-18B-18.

Law Implemented: SDCL 58-11-76, 58-17-4.1, 58-17-4.2, 58-18B-3.1.