ARSD 20:06:21:70

ARSD 20:06:21:70. Premium rate schedule increases -- Exceptional increases

Last amended: 2002Year: 2026Length: 75 wordsOfficial source

Cite as S.D. Admin. R. 20:06:21:70

Except as provided in ยงยง 20:06:21:63 to 20:06:21:69, inclusive, exceptional increases are subject to the same requirements as other premium rate schedule increases. The director may request a review by an independent actuary or a professional actuarial body of the basis for a request that an increase be considered an exceptional increase. The director, in determining that the necessary basis for an exceptional increase exists, shall also determine any potential offsets to higher claims costs.
ARSD 20:06:21:70: ARSD 20:06:21:70. Premium rate schedule increases -- Exceptional increases | Justis AI