Department of Labor and Regulation

Title - Division of Insurance email the Division of Insurance

Notices of Public Hearings to Adopt Rules

Notice of Public Hearing to Adopt Rules
October 17, 2013

A public hearing will be held in the Main Floor Conference Room, Anderson Building, 445 E. Capitol Avenue, Pierre, South Dakota, on October 17, 2013 at 9 a.m. to consider the adoption and amendment of proposed rules to the following: See the Rules Text ( in Adobe .pdf format*).

Chapter 20:06:10

The effect of the rule is to update a short term major medical advertising disclosure.

The reason for adopting this rule is to ensure individuals know that the policy is subject to certain exclusions.

Chapter 20:06:23

The effect of the rules is to update the standards for determining the hazardous financial condition of an insurer.

The reason for adopting this rule is to meet the National Association of Insurance Commissioners’ standards.

Chapter 20:06:56

The effect of the rule is to change a cross reference.

The reason for adopting this rule is to have the appropriate section referenced.

Chapter 20:06:57

The effect of these rules is to establish standards for multiple employer trusts as required by South Dakota Codified Law (SDCL) § 58-18-89.

The reason for adopting these rules is the mandate from SDCL § 58-18-89 to establish these rules.

After the hearing, the Division of Insurance will consider all written and oral comments it receives on the proposed rules. The Division may modify or amend a proposed rule at that time to include or exclude matters that are described in this notice.

Notice is further given to individuals with disabilities that this hearing is being held in a physically accessible place. Please notify the Division of Insurance at least 48 hours before the public hearing if you have special needs for which special arrangements must be made. The telephone number for making special arrangements is 605.773.3563.

If you are unable to open the text of the proposed rules using the Rules Text link above, the rules may be obtained as a Microsoft Word attachment by email request. Paper copies of the proposed rules may be obtained without charge from:

South Dakota Division of Insurance
Administrative Rules
445 East Capitol
Pierre, SD 57501-3185

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Division of Insurance
445 E. Capitol Avenue
Pierre, SD 57501
Tel. 605.773.3563
Fax. 605.773.5369