South Dakota Codified Laws 58-26-86. Actuarial opinion summary to be filed with property, casualty, and healthinsurers’ annual statement
Current as of: 2023 | Check for updates
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Each property and casualty and health insurer domiciled in this state shall file with the insurer’s annual statement an actuarial opinion summary written by the company’s appointed actuary which complies with the National Association of Insurance Commissioners annual statement instructions: property and casualty, title, life/accident/health, health maintenance organizations, and hospital medical and dental service or indemnity corporations as adopted by rules promulgated by the director pursuant to chapter 1-26.
A company licensed, but not domiciled in this state, shall provide the actuarial opinion summary upon request.
Terms Used In South Dakota Codified Laws 58-26-86
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
- State: when used in context signifying a jurisdiction other than the State of South Dakota, a state, the District of Columbia, a territory, commonwealth, or possession of the United States of America, or a province of the Dominion of Canada. See South Dakota Codified Laws 58-1-2
- written: include typewriting and typewritten, printing and printed, except in the case of signatures, and where the words are used by way of contrast to typewriting and printing. See South Dakota Codified Laws 2-14-2
Source: SL 2009, ch 271, § 41.