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Section 58-24-11 - Repealed.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Section 58-24-16 - Repealed.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