South Dakota § 58-4A-17 Insurer to reevaluate rates for possible reduction in light of impact of fraud prevention.

South Dakota Statutes

§ 58-4A-17 — Insurer to reevaluate rates for possible reduction in light of impact of fraud prevention.

South Dakota § 58-4A-17

Title 58INSURANCE

Ch. 58-4AINSURANCE FRAUD

This text of South Dakota § 58-4A-17 (Insurer to reevaluate rates for possible reduction in light of impact of fraud prevention.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 58-4A-17 (2026).

Text

Each authorized insurer shall, every three years after July 1, 1999, reevaluate its rates based upon the impact that fraud prevention has had upon its rates, considering the impact of §§ 58-4A-1 to , inclusive, and the impact of any fraud prevention units of the insurer or other fraud prevention organization and appropriate accumulated data and, if justified by the insurer's actuary, reduce its rates.

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Each authorized insurer shall, every three years after July 1, 1999, reevaluate its rates based upon the impact that fraud prevention has had upon its rates, considering the impact of §§ 58-4A-1 to , inclusive, and the impact of any fraud prevention units of the insurer or other fraud prevention organization and appropriate accumulated data and, if justified by the insurer's actuary, reduce its rates.