Filings of rate revisions.
Effective Jun 26, 201339 SDR 219Source: 16 SDR 208, effective June 3, 1990; 39 SDR 219, effective June 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.
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.
Source: 16 SDR 208, effective June 3, 1990; 39 SDR 219, effective June 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.