Unfair or deceptive insurance practices
Known as the Unauthorized Insurers False Advertising Process Act
The act spans §§ 58–58 (145 sections).
Applied in 1 court decision — leading case Sentell v. Farm Mutual Ins. (2021)
Most recently applied in Sentell v. Farm Mutual Ins. (March 2021)
Source: SL 1986, ch 422, § 1; SL 1989, ch 439, § 2.
Unfair or deceptive acts or practices in the business of insurance include the following:
(1) Failing to respond to an inquiry from or failing to supply documents requested by the Division of Insurance within twenty days of receipt of such inquiry or request;
(2) Knowingly supplying the Division of Insurance with false, misleading, or incomplete information.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.