ARSD 20:06:36 – Risk-based Capital (Rbc) Reports | Midpage

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Administrative Rules of South Dakota

Chapter 20:06:36

ARSD 20:06:36

Risk-based Capital (Rbc) Reports

20:06:36:01Definitions.20:06:36:02RBC levels defined.20:06:36:03RBC reports.20:06:36:04Life and health insurer's RBC reports.20:06:36:05Property and casualty insurer's and health organization's RBC reports.20:06:36:06Adjusted RBC report.20:06:36:07Company action level event.20:06:36:08Company action level event -- Filing of RBC plan.20:06:36:09Time for filing RBC plan.20:06:36:10Review of RBC plan by director.20:06:36:11Unsatisfactory RBC plan -- Notice of regulatory action event.20:06:36:12Additional filing requirements for RBC plan.20:06:36:13Regulatory action level event.20:06:36:14Regulatory action level event -- Required actions by director.20:06:36:15Regulatory action level event -- Time for filing RBC plan or revised RBC plan.20:06:36:16Regulatory action level event -- Hiring of consultants by director.20:06:36:17Authorized control level event.20:06:36:18Authorized control level event -- Actions of director.20:06:36:19Mandatory control level event.20:06:36:20Mandatory control level event -- Actions of director.20:06:36:21Hearings.20:06:36:22Confidentiality of RBC reports.20:06:36:22.01Confidentiality of RBC reports -- Sharing and receiving of information by director.20:06:36:22.02Confidentiality of RBC reports -- Waiver.20:06:36:23Assertions regarding RBC reports prohibited.20:06:36:24Use of RBC reports in ratemaking and premium setting prohibited.20:06:36:25Exemption.20:06:36:26Foreign insurers and health organizations -- Filing of RBC reports and plans.20:06:36:27Foreign insurers and health organizations -- Filing of RBC plans after certain events.20:06:36:28Foreign insurers and health organizations -- Mandatory control level event.