20:06:22:04. Filings of rate revisions. 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.
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