South Dakota Statutes

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

South Dakota·Title 58 INSURANCE·Ch. 58-4A INSURANCE FRAUD
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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South Dakota § 58-4A-17 (Insurer to reevaluate rates for possible reduction in light of impact of fraud prevention.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1999, ch 241, § 17.

Nearby Sections

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