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79 chapters · 3,426 sections in this title.
SDCL § 58-24-1 Purpose of chapter
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The purpose of this chapter is to promote the public welfare by regulating insurance rates to the end that they shall not be excessive, inadequate or unfairly discriminatory, and to authorize and regulate cooperative action among insurers in rate - making and in other matters wit…
SDCL § 58-24-10 Filing of rates with director--Effective date--Character and extent of coverage--Exceptions
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Every insurer shall file with the director of the Division of Insurance every manual, minimum, class rate, rating schedule, or rating plan and every other rating rule, and every modification of any of the foregoing which it proposes to use. Every such filing shall state the propo…
SDCL § 58-24-10.1 Rating rules required to be filed with director--Filing date--Supporting information required
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Every insurer writing automobile insurance as defined by subdivisions 58-11-45(1) to (3), inclusive, and subdivision 58-23-6(2), and every insurer writing liability insurance, physical damage insurance, and collision insurance on all motor vehicles ordinarily used on the public h…
SDCL § 58-24-10.2 Rate information required to be filed prior to effective date on finding that closer supervision is required--Extension of waiting period--Approval or disapproval
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The director of the Division of Insurance may by order require that a particular insurer otherwise entitled to file its rates in accordance with § 58-24-10.1 , file any or all of its rates and supplementary rate information thirty days prior to their effective date, if and to the…
