§ 23-63-1805. Penalties
The failure to comply with any provision of this subchapter shall be deemed an unfair trade practice under the Trade Practices Act, § 23-66-201 et seq., and may be punished by the fines and penalties established under §§ 23-60-108, 23-66-210, and 23-66-215.
§ 23-63-2008. Penalties
(a) An insurer failing, without just cause, to timely file the corporate governance annual disclosure as required under this subchapter shall be required, after notice and hearing, to pay a penalty of one hundred dollars ($100) for each day’s delay, payable to the Insurance Commissioner, and the penalty recovered shall be paid into the General […]
§ 23-63-1806. Rules
The Insurance Commissioner shall adopt rules by January 1, 2006, to ensure compliance with this subchapter.
§ 23-63-2009. Severability clause
(a) Except for § 23-63-2007 or the application of § 23-63-2007 to any person or circumstance, if any provision of this subchapter is held invalid, the determination shall not affect the provisions of this subchapter that can be given effect without the invalid provision or application. (b) With the exception of § 23-63-2007, this subchapter […]
§ 23-63-1807. No waiver of provisions
The provisions of this subchapter shall not be waived, voided, or nullified by contract.
§ 23-63-2010. Rules
(a) The Insurance Commissioner shall promulgate rules necessary to implement this subchapter. (b) (1) When adopting the initial rules to implement this subchapter, the final rule shall be filed with the Secretary of State for adoption under § 25-15-204(f): (A) On or before January 1, 2020; or (B) If approval under § 10-3-309 has not […]
§ 23-63-1808. Application — Audit recoupment
The provisions of this subchapter that allow for audit recoupment from healthcare providers do not apply to a service that was authorized under § 23-99-1109, § 23-99-1113, or § 23-99-1116, except as provided for in § 23-99-1109(b).
§ 23-63-1901. Title
This subchapter shall be known and may be cited as the “Property and Casualty Actuarial Opinion Law”.
§ 23-63-1902. Definitions
As used in this subchapter: (1) “Actuarial opinion summary” means a summary of the information supporting a statement of actuarial opinion; (2) “Appointed actuary” means the actuary appointed by a property and casualty insurance company to prepare a statement of actuarial opinion and an actuarial opinion summary; and (3) “Statement of actuarial opinion” means the […]
§ 23-63-1903. Annual statement of actuarial opinion, actuarial opinion summary, and supporting documentation required
(a) (1) Unless exempted by the Insurance Commissioner, a property and casualty insurance company doing business in this state shall annually file with the commissioner a statement of actuarial opinion and an actuarial opinion summary. (2) A property and casualty insurance company licensed but not domiciled in this state shall provide the actuarial opinion summary […]