Property, Casualty, Inland Marine, And Surety Rates And Rate-making Organizations

  1. Law
  2. South Carolina Code of Laws
  3. Insurance
  4. Property, Casualty, Inland Marine, And Surety Rates And Rate-making Organizations

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Section
38-73-10

Declaration of purpose; construction.

Section
38-73-20

Scope of chapter.

Section
38-73-30

Insurance subject to dual regulation.

Section
38-73-40

Recording and reporting of loss and expense experience.

Section
38-73-50

Interchange of rating plan data.

Section
38-73-60

Consultation with other states.

Section
38-73-70

Regulations.

Section
38-73-80

Withholding or giving false or misleading information.

Section
38-73-90

Examinations of rating organizations, advisory groups, and other organizations.

Section
38-73-110

Suspension of license.

Section
38-73-120

Hearing as prerequisite to imposition of penalty or suspension of license.

Section
38-73-130

Hearing procedure; judicial review.

Section
38-73-210

Article title and application.

Section
38-73-220

Approval process for rate level changes.

Section
38-73-230

Declaration of competitive line; factors considered; hearings before Administrative Law Court.

Section
38-73-240

Rate filings where line declared competitive; Consumer Advocate review of certain filings.

Section
38-73-250

Rate filings where line declared noncompetitive.

Section
38-73-260

Approval process for rate level changes; Consumer Advocate review of certain filings.

Section
38-73-270

Consumer information system.

Section
38-73-310

Scope of article.

Section
38-73-320

Insurance subject to both this article and Article 5.

Section
38-73-325

Absence of credit information.

Section
38-73-330

Making of rates.

Section
38-73-340

Rate filings required.

Section
38-73-410

Scope of article.

Section
38-73-420

Insurance subject to both this article and Article 3.

Section
38-73-425

Absence of credit information.

Section
38-73-430

Making of rates.

Section
38-73-440

Certain factors may not be considered in determining automobile insurance rates.

Section
38-73-470

Disposition of uninsured motorist premium.

Section
38-73-480

Rate for group automobile insurance.

Section
38-73-490

Workers' compensation rates.

Section
38-73-495

Authority to disapprove previously approved rate for classification of worker's compensation insurance; reassignment of classifications; time for filing appeal.

Section
38-73-500

Merit rating for workers' compensation insurance; credit; testing.

Section
38-73-505

Reductions in premiums.

Section
38-73-510

Nonpartisan rating bureau for workers' compensation.

Section
38-73-515

Deductibles.

Section
38-73-520

Rate filings required.

Section
38-73-525

Filing of multiplier for expenses by insurers writing workers' compensation.

Section
38-73-526

Report as to availability and affordability of workers' compensation coverage.

Section
38-73-530

Competitive rate on specific risk.

Section
38-73-540

Assigned risk.

Section
38-73-545

Applicability to self-insurers.

Section
38-73-710

State Rating and Statistical Division established; executive director.

Section
38-73-736

Rate reductions for nonyouthful operator completing approved driver training course.

Section
38-73-737

Rate reductions for youthful operator completing approved driver training course.

Section
38-73-740

Certain information must be retained; inspection by applicant.

Section
38-73-910

Notice of hearing as a prerequisite to granting of rate increase; exceptions; rate level increase or decrease limitations; flexible rating for automobile insurance policies; report.

Section
38-73-915

Authority granted director or designee; effect of legislation and court decisions.

Section
38-73-920

No insurance may be issued except on rates filed.

Section
38-73-930

Guidelines and formats for filing.

Section
38-73-935

Rate filings; information based upon; exceptions.

Section
38-73-940

Information in support of filing.

Section
38-73-950

Additional information may be required.

Section
38-73-960

Effective date of filing.

Section
38-73-965

Filing; effective date.

Section
38-73-970

Effective date for specially rated inland marine rates.

Section
38-73-980

Effective date for certain surety or guaranty bonds.

Section
38-73-990

Disapproval of filings generally.

Section
38-73-995

Disapproval of insurer's workers' compensation rates using most recent multiplier for expenses.

Section
38-73-1000

Disapproval of specially rated specific inland marine rates.

Section
38-73-1010

Disapproval of special surety or guaranty filings.

Section
38-73-1020

Disapproval after applicable review period.

Section
38-73-1030

Review of filings on application of person aggrieved.

Section
38-73-1040

No disapproval of certain fire, allied lines, or inland marine filings.

Section
38-73-1050

No disapproval of certain casualty or automobile filings.

Section
38-73-1060

Use of rates and policy forms different from those filed; exceptions.

Section
38-73-1070

Suspension or modification of filing requirement.

Section
38-73-1080

Information to be furnished insureds; hearings and appeals of insureds.

Section
38-73-1085

Publication of representative sample of premiums.

Section
38-73-1090

Determination of discrimination and removal.

Section
38-73-1095

Essential property insurance; rating plan factors.

Section
38-73-1097

Applicability of certain provisions.

Section
38-73-1100

Determination of excessive or unreasonable rates; general reduction; refund.

Section
38-73-1105

Insurer's use of definition of "underinsured motor vehicle".

Section
38-73-1110

Regulation of calculation and refunding of excess profit.

Section
38-73-1120

Provisions to ensure expenses are allocated and treated properly; penalty.

Section
38-73-1210

Members of rating organization not required to file individually; rates for members in first year; collection, compilation and dissemination of premium data.

Section
38-73-1215

Applicability to self-insurers.

Section
38-73-1220

Application for license as rating organization.

Section
38-73-1230

Issuance or denial of license; duration; fee.

Section
38-73-1240

Suspension or revocation of license.

Section
38-73-1250

Changes within rating organization.

Section
38-73-1260

Subscribers to rating organizations.

Section
38-73-1270

Changes in rules and regulations; review of reasonableness.

Section
38-73-1280

Rules may not regulate certain payments.

Section
38-73-1290

Filings must be adhered to.

Section
38-73-1300

Application for modification by fire or inland marine insurer.

Section
38-73-1310

Application for modification by casualty or automobile insurer.

Section
38-73-1330

Examination of policies and other papers; correction of errors.

Section
38-73-1340

Appeal by minority.

Section
38-73-1350

Cooperation.

Section
38-73-1360

Actuarial, technical, and other services.

Section
38-73-1370

Rating organizations not permitted to file certain rate increases; filing pure loss component of rate or premium; use of approved pure loss component by members or subscribers.

Section
38-73-1380

Approval of final rate or premium charge required; computation of final rate or premium charge; approval of expense component filed by each member or subscriber independently.

Section
38-73-1400

Definition of pure loss component, expense component, and final rate or premium charge.

Section
38-73-1410

Refiling of final rates or premium charges previously approved not required.

Section
38-73-1420

Board of Governors of Reinsurance Facility to file expense component; use of component after approval.

Section
38-73-1425

Final rate or premium charge for private passenger automobile insurance risk ceded to reinsurance facility.

Section
38-73-1430

Authority to extend provisions of Sections 38-73-1370, 38-73-1380, 38-73-1400, 38-73-1410 to other lines of insurance.

Section
38-73-1510

"Advisory organization" defined.

Section
38-73-1520

Filing certain data and agreement authorizing examination.

Section
38-73-1530

Requiring discontinuance of certain acts or practices.

Section
38-73-1540

Rate filings may not be supported by data from unauthorized advisory organization.

Section
38-73-1710

Regulation of joint underwriting and joint reinsurance.

Section
38-73-1720

Discontinuance of unfair activity or practice may be ordered.