The director of the Division of Insurance shall establish rules:
(1) For determining which insurers, self-insurers, plans, or arrangements are financially qualified to provide the security required under this Act and to be designated as qualified insurers;
(2) To require insurers to post security under § 21-3A-8 if found by the court to be obligated and capable of posting security; and
(3) For publishing prior to January first of each year the rate of discount per annum set out in § 21-3A-6.