An insurer's workers' compensation rates developed using its most recent multiplier for expenses, assessments, profit, and contingencies and any modifications to loss costs may be disapproved at any time after they become effective if the director or his or her designee determines that they do not meet the requirements of this chapter.
S.C. Code Ann. § 38-73-995
Disapproval of insurer's workers' compensation rates using most recent multiplier for expenses
2007 Act No. 111, Pt III, SECTION 6, eff July 1, 2007, applicable to injuries that occur on or after that date.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.