South Carolina Statutes
§ 38-89-60 — Duty of director to gather statistical data.
The director or his designee shall obtain complete statistical data in respect to day care liability losses and reparation costs as well as all other costs or expenses which underlie or are related to day care liability insurance. The Department of Insurance shall promulgate any statistical plan he considers necessary for the purpose of gathering data referable to loss and loss adjustment expense experience and other expense experience. When the statistical plan is promulgated all members of the association shall adopt and use it. The director or his designee also shall obtain statistical data in respect to the costs of compensating victims of day care liability. The director or his designee may require loss, claim, or expense data from any person obtaining insurance through the associatio
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Legislative History
HISTORY: 1989 Act No. 189, Part II, SECTION 43 sub 20; 1993 Act No. 181, SECTION 845.
Nearby Sections
15
§ 38-89-10
Definitions.§ 38-89-110
Deficit to be recouped.§ 38-89-130
Participation of association members.§ 38-89-160
Board of directors.§ 38-89-170
Appeal to commission.§ 38-89-180
Statement to be filed by association.§ 38-89-30
General powers.§ 38-89-40
Plan of operation.