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TABLE OF CONTENTS

• CITATION
• STATUS
• WHAT'S NEW
• ENACTED TEXT

CITATION
2007 SD S 39


STATUS
This legislation was assigned the status of Enacted
 on 03/01/2007.

Author: Senate Committee on Commerce
Session: South Dakota 82nd Legislative Assembly -- 2007 Regular Session
StateNet Processing Date: 03/02/2007


ENACTED TEXT
                              SENATE BILL NO. 39
    AN ACT ENTITLED, An Act to provide claims information to commercial
property casualty insureds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:

    Section 1. That chapter 58-12 be amended by adding thereto a NEW SECTION
to read as follows:

    Any carrier who is or has provided commercial property casualty coverage
in this state shall provide, at the written request of the insured, annual
reports of the claims experience of that insured for the immediate past
policy period and for any time frames which are not in excess of three years
prior to the policy period for which the request was made. A carrier is not
required to provide any claim information that pertains to a prior carrier's
experience with that insured. The claims report shall be in sufficient detail
so as to provide the insured with data sufficient to assess the insured's
future commercial property casualty insurance needs. The director may
promulgate rules pursuant to chapter 1-26 regarding the content and time
frames for the annual reports.

WHAT'S NEW
Description of Changes
There are no recorded changes for this document.

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