South Carolina Statutes

§ 38-73-1425 — Final rate or premium charge for private passenger automobile insurance risk ceded to reinsurance facility.

South Carolina·Title 38 INSURANCE·Ch. 73 PROPERTY, CASUALTY, INLAND MARINE, AND SURETY RATES AND RATE-MAKING ORGANIZATIONS
The final rate or premium charge for a private passenger automobile insurance risk ceded to the facility which does not qualify for the safe driver discount in Section 38-73-760(e) is the final rate or premium charge required by Section 38-73-1420 or the final rate or premium charge approved for use by the insurer, whichever is greater.

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South Carolina § 38-73-1425 (Final rate or premium charge for private passenger automobile insurance risk ceded to reinsurance facility.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1991 Act No. 113, SECTION 1; 1993 Act No. 181, SECTION 783.

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