ARSD 20:06:22:04
ARSD 20:06:22:04. Filings of rate revisions
Cite as S.D. Admin. R. 20:06:22:04
In addition to the requirements in ยง 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.