<html> <head> <title>Rule 20:06:29:04 Format for notice of transfer of insurance.</title> <META NAME="Keywords" Content="Administrative Rules 20:06:29:04"> <META NAME="Description" Content="Administrative Rules 20:06:29:04 Format for notice of transfer of insurance."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:06:29:04.&nbsp;&nbsp;Format for notice of transfer of insurance.</b> An insurer that transfers a policyholder to another insurer within the same group of insurers may issue, in lieu of a nonrenewal notice, a notice that contains the following information:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;The name of the new insurer;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;The date that the new insurer assumes liability under the policy; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;A general statement as to the reason for the change in insurers.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This section applies to all personal automobile insurance, homeowner insurance, property and casualty insurance as defined in SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-9-5">58-9-5</A> to <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-9-33">58-9-33</A>, inclusive.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 27 SDR 9, effective August 10, 2000; 28 SDR 157, effective May 19, 2002.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-1-14">58-1-14</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-1-15">58-1-15</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-11-51">58-11-51</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-11-63">58-11-63(7).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-1-14">58-1-14</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-1-15">58-1-15</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-11-51">58-11-51.</A></p> </div> </body> </html>