S.D. Admin. R. 20:06:28:07

Current through Register Vol. 51, page 67, December 16, 2024
Section 20:06:28:07 - Property and casualty filings - Identification - Reference filings prohibited - Exception

Each property or casualty filing which uses an Insurance Services Organization (ISO) form or other licensed rating organization shall include in the form number an edition date identifying the applicable month and year. A letter referring to the ISO form with its edition date may be filed without actual copies of the ISO forms to be used. Filings, commonly referred to as "me too" filings, in which an insurer makes a filing referring to another insurer's approved filing and requests approval of its use are not permitted. Reference filings are only permitted if a subscriber is using a licensed advisory organization's forms.

S.D. Admin. R. 20:06:28:07

22 SDR 52, effective 10/25/1995.

General Authority: SDCL 58-11-63.

Law Implemented: SDCL 58-11-12, 58-11-63.