reglab/housing_qa huggingface dataset:
SC Code § 38-13-140 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-140. Refusal to exhibit records; false statements; confidentiality of replies.

 A person who has in his possession or control any books, accounts, or papers of a company licensed under this title shall exhibit them to the director or to any deputy, actuary, accountant, or person acting with or for the director. A person who refuses, on demand, to exhibit any books, accounts, or papers or knowingly or wilfully makes a false statement in regard to them is guilty of a misdemeanor and, upon conviction, must be fined in the discretion of the court or imprisoned for not more than three years, or both. All replies are strictly confidential except for the purposes of prosecution for any false or fraudulent statement made to the director or his designee.  HISTORY: Former 1976 Code Section 38-13-140 [1947 (45) 322; 1952 Code Section 37-614; 1962 Code Section 37-614] has no comparable provisions in 1987 Act No. 155; Former 1976 Code Section 38-5-1370 [1947 (45) 322; 1952 Code Section 37-291; 1962 Code Section 37-291] recodified as Section 38-13-140 by 1987 Act No. 155, Section 1; 1993 Act No. 184, Section 210; 1993 Act No. 181, Section 537.
SC Code § 38-13-150 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-150. Returns of reinsurance by insurers; effect of refusal.

 Every insurer shall file a return, on a form and at times prescribed by the director or his designee, showing all reinsurance or cessions of risk or liability contracted for or effected by it, whether by issue of policy, entry, or bordereau, general participation agreement, excess loss reinsurance, or in any manner whatsoever, upon property located in this State or covering, whether specified or otherwise, any risk or liability upon property so located. The return must be certified by the oath of its president and secretary, if a company of the United States, and, if a company of a foreign country, by the oath of its managers in the United States as to reinsurance or cessions effected through its branch office in the United States and by the oath of its president and secretary or by officers corresponding thereto, at its home office, wherever located, as to reinsurance or cessions contracted for or effected through the foreign office. The refusal of an insurer to file the required return is presumptive evidence that it is guilty of violating the provisions of Section 38-9-190.  HISTORY: Former 1976 Code Section 38-13-150 [1947 (45) 322; 1952 Code Section 37-615; 1962 Code Section 37-615] has no comparable provision in 1987 Act No. 155; Former 1976 Code Section 38-5-1350 [1947 (45) 322; 1952 Code Section 37-292; 1962 Code Section 37-292] recodified as Section 38-13-150 by 1987 Act No. 155, Section 1; 1988 Act No. 374, Section 7; 1993 Act No. 181, Section 537.
SC Code § 38-13-160 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-160. Director or designee may require special reports; confidentiality of replies.

 The director or his designee may require any authorized insurer or its officers to answer any inquiry in relation to its transactions, condition, or any connected matter necessary to the administration of the insurance laws of the State. Every corporation or person must reply in writing to the inquiry promptly and truthfully, and the reply must be verified, if required by the director or his designee, by the individual or by the officer or officers of a corporation as he designates. These replies are strictly confidential.  HISTORY: Former 1976 Code Section 38-13-160 [1947 (45) 322; 1952 Code Section 37-616; 1962 Code Section 37-616] has no comparable provisions in 1987 Act No. 155, Section 1; Former 1976 Code Section 38-5-1360 [1947 (45) 322; 1952 Code Section 37-294; 1962 Code Section 37-294] recodified as Section 38-13-160 by 1987 Act No. 155, Section 1; 1993 Act No. 181, Section 537.
SC Code § 38-13-170 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-170. Penalties for making or aiding in making false statement.

 If an insurer, in its annual or other statement required by law, wilfully misstates the facts, the insurer and the person signing the statement and any person aiding, abetting, or participating in the making of the statement are guilty of a felony, and upon conviction, must be fined not more than two thousand dollars or imprisoned not more than five years, or both. The insurer, upon conviction, forfeits its right to do business in this State.  HISTORY: Former 1976 Code Section 38-13-170 [1947 (45) 322; 1952 Code Section 37-617; 1962 Code Section 37-617] has no comparable provisions in 1987 Act No. 155; Former 1976 Code Section 38-5-1380 [1947 (45) 322; 1952 Code Section 37-295; 1956 (49) 1834; 1962 Code Section 37-295] recodified as Section 38-13-170 by 1987 Act No. 155, Section 1; 1993 Act No. 184, Section 66; 1993 Act No. 181, Section 537.
SC Code § 38-13-180 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-180. Insurance reserve fund defined.

 For purposes of Sections 38-13-190 and 38-13-200, "insurance reserve fund" or "funds" means the insurance reserve funds administered by the State Fiscal Accountability Authority to provide liability and property insurance, as authorized under Section 1-11-140, Chapter 7 of Title 10, and the regulations prescribed by the State Fiscal Accountability Authority.  HISTORY: Former 1976 Code Section 38-5-840 [En, 1983 Act No. 151, Part II, Section 55] recodified as Section 38-13-180 by 1987 Act No. 155, Section 1; 1993 Act No. 181, Section 537.  Code Commissioner's Note  At the direction of the Code Commissioner, references in this section to the offices of the former State Budget and Control Board, Office of the Governor, or other agencies, were changed to reflect the transfer of them to the Department of Administration or other entities, pursuant to the directive of the South Carolina Restructuring Act, 2014 Act No. 121, Section 5(D)(1), effective July 1, 2015.
SC Code § 38-13-190 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-190. Commissioner to examine affairs and methods of operations of insurance reserve fund; reports of findings.

 (1) At the end of each three years of operation, and at any other time considered prudent, the director or his designee shall examine the affairs of the insurance reserve funds and make findings and recommendations as provided by this section. For purposes of examination, the director or person making the examination has free access to all relevant records, books, and papers in the possession of any person or entity and may summon, administer oaths to, and examine as witnesses any persons in relation to matters relevant to the examination.  (2) The director or his designee shall examine all methods of operation of the insurance reserve funds to determine whether the funds are being administered in accordance with sound insurance practices and in the best interest of the State. Following the examination, the director or his designee shall prepare a report for submission, through the State Fiscal Accountability Authority, to the Office of the Governor, the Speaker of the House of Representatives, and the President of the Senate containing his findings and conclusions and any recommendations to improve the efficiency, effectiveness, and overall operation of the funds.  HISTORY: Former 1976 Code Section 38-5-850 [1983 Act No. 151, Part II, Section 55] recodified as Section 38-13-190 by 1987 Act No. 155, Section 1; 1993 Act No. 181, Section 537.  Code Commissioner's Note  At the direction of the Code Commissioner, references in this section to the offices of the former State Budget and Control Board, Office of the Governor, or other agencies, were changed to reflect the transfer of them to the Department of Administration or other entities, pursuant to the directive of the South Carolina Restructuring Act, 2014 Act No. 121, Section 5(D)(1), effective July 1, 2015.
SC Code § 38-13-200 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-200. Penalty for refusal to be examined under oath.

 Any person or entity having possession or control of any records, books, or papers relevant to an insurance reserve fund examination who fails or refuses to be examined under oath is guilty of a misdemeanor and upon conviction must be punished by a fine of not more than ten thousand dollars or imprisonment for not more than one year and is subject to suspension or revocation of any insurance licenses issued by the director or his designee.  HISTORY: Former 1976 Code Section 38-5-860 [En, 1983 Act No. 151, Part II, Section 55] recodified as Section 38-13-200 by 1987 Act No. 155, Section 1; 1993 Act No. 181, Section 537.
SC Code § 38-13-300 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-300. Regulations requiring insurer to report its loss and expense experience and other data.

 The director may require insurers licensed to write property or casualty insurance in the State to record and report loss and expense experience and any other data necessary to determine whether rates are excessive, inadequate, or unfairly discriminatory. The director or his designee may designate one or more statistical agents, organizations, or advisory organizations to gather and compile this experience and data. In addition, the director may require each insurer licensed to write property and casualty insurance in this State, as a supplement to its annual statement, to submit a report on a form furnished by the department showing the insurer's direct writings in this State and the United States and any information required by Sections 38-13-310 and 38-13-320.  The director may adopt data disclosure requirements developed by the National Association of Insurance Commissioners. If adopted, the NAIC disclosure requirements must be deemed to be in full compliance with the reporting requirements of Sections 38-13-300 through 38-13-360.  HISTORY: 1987 Act No. 166, Section 11; 1993 Act No. 181, Section 537; 1997 Act No. 68, Section 2.
SC Code § 38-13-310 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-310. Supplemental report.

 The supplemental report required by Section 38-13-300 may include, but is not limited to, the following types of insurance written by the insurer:  (a) political subdivision liability insurance reported separately in the following categories:  (1) municipalities;  (2) school districts;  (3) other political subdivisions;  (b) public official liability insurance;  (c) dram shop liability insurance;  (d) day care center liability insurance;  (e) labor, fraternal, or religious organizations liability insurance;  (f) errors and omissions liability insurance;  (g) officers and directors liability insurance reported separately as follows:  (1) nonprofit entities;  (2) for-profit entities;  (h) products liability insurance;  (i) medical malpractice insurance;  (j) attorney malpractice insurance;  (k) architects and engineers malpractice insurance; and  (l) motor vehicle insurance reported separately for commercial and private passenger vehicles as follows:  (1) motor vehicle liability insurance first-party benefits;  (2) motor vehicle bodily injury liability insurance;  (3) motor vehicle property liability insurance;  (4) uninsured motorist insurance; and  (5) underinsured motorist insurance.  HISTORY: 1987 Act No. 166, Section 12; 1993 Act No. 181, Section 537; 1997 Act No. 68, Section 3.
SC Code § 38-13-320 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-320. Data in supplemental report.

 The supplemental report may include, but is not limited to, the following data both as to this State and the United States for the previous year ending on December thirty-first:  (a) direct premiums written,  (b) direct premiums earned,  (c) net investment income, including net realized capital gains and losses, using appropriate estimates where necessary,  (d) incurred claims, developed as the sum of the following (the report shall include data for each of the following categories used to develop the sum of incurred claims):  (1) dollar amount of claims closed with payment, plus  (2) dollar amount of payments on claims still open, plus  (3) reserves for reported claims at the end of the current year, minus  (4) reserves for reported claims at the end of the previous year, plus  (5) reserves for incurred but not reported claims at the end of the current year, minus  (6) reserves for incurred but not reported claims at the end of the previous year, plus  (7) loss adjustment expenses for claims closed, plus  (8) reserves for loss adjustment expense at the end of the current year, minus  (e) actual incurred expenses allocated separately to loss adjustment, commissions, other acquisition costs, advertising, general office expenses, taxes, licenses and fees, and all other expenses;  (f) net underwriting gain or loss;  (g) net operation gain or loss, including net investment income;  (h) the number and dollar amount of claims closed with payment, by year incurred and the amount reserved for them;  (i) the number of claims closed without payment and the dollar amount reserved for those claims;  (j) federal income tax recoverable; and  (k) any other information requested by the director or his designee.  HISTORY: 1987 Act No. 166, Section 13; 1993 Act No. 181, Section 537; 1997 Act No. 68, Section 4.
SC Code § 38-13-340 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-340. Review of supplemental reports.

 The department shall annually compile and review reports submitted by insurers pursuant to this article by order of the director to determine the appropriateness of premium rates for property and casualty insurance in this State. Any findings and filings of the department must be published, provided to the General Assembly, and made available to any interested insured or citizen, subject to the cost of copying. If the director or his designee finds at any time that any rate is excessive, inadequate, or unfairly discriminatory, he shall issue an order withdrawing its approval. The order shall specify reasons for withdrawal of approval and must be furnished to each affected insurer and rating organization. Any such order is effective not less than sixty days from its issuance unless an affected insurer meets the burden of showing that the rate is fair and appropriate.  HISTORY: 1987 Act No. 166, Section 15; 1993 Act No. 181, Section 537; 1997 Act No. 68, Section 5.
SC Code § 38-13-350 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-350. Filing of required information.

 Each insurance company shall file all of the information required under Sections 38-13-300 through 38-13-360 with the department as a prerequisite to obtaining permission to write coverage, to continue to do business, or to file for rate increases.  HISTORY: 1987 Act No. 166, Section 16; 1993 Act No. 181, Section 537.
SC Code § 38-13-360 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-360. Penalty for failure to comply with provisions of article.

 Each insurer who fails to comply with the terms of Sections 38-13-300 through 38-13-350 shall pay a civil penalty of a fine of twenty thousand dollars and thereafter a fine of one thousand dollars daily until the named sections of the article are complied with.  HISTORY: 1987 Act No. 166, Section 17; 1993 Act No. 181, Section 537.
SC Code § 38-13-400 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-400. Report disclosing material acquisitions and dispositions of assets or material nonrenewals, cancellations or revisions; when due; confidentiality.

 (A) Effective January 1, 1995, each insurer domiciled in this State and, effective July 1, 2006, each health maintenance organization domiciled in this State, shall file a report with the director or his designee disclosing material acquisitions and dispositions of assets or material nonrenewals, cancellations, or revisions of ceded reinsurance agreements, unless these acquisitions and dispositions of assets or material nonrenewals, cancellations, or revisions of ceded reinsurance agreements have been submitted to the director or his designee for review, approval, or information purposes pursuant to other provisions of the insurance laws, regulations, or other requirements.  (B) The report required in subsection (A) is due within fifteen days after the end of the calendar month in which any of the foregoing transactions occur.  (C) All reports obtained by or disclosed to the director or his designee, pursuant to this section or Section 38-13-410 or 38-13-420 must be given confidential treatment and are not subject to subpoena and may not be made public by the director, his designee, or any other person, except to insurance departments of other states, without the prior written consent of the insurer or health maintenance organization to which it pertains, unless the director or his designee, after giving the insurer or health maintenance organization that is affected notice and an opportunity to be heard, determines that the interest of policyholders, shareholders, or the public is best served by the publication of the reports, then the director or his designee may publish all or any part of them in the manner as the director or his designee considers appropriate.  HISTORY: 1994 Act No. 372, Section 1; 2006 Act No. 332, Section 3, eff June 1, 2006.
SC Code § 38-13-700 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-700. Periodic examination of unemployment compensation fund; duties of director.

 (A) At least every five years, or upon request pursuant to Section 38-13-710, the director must conduct an examination of the unemployment compensation fund administered by the Department of Employment and Workforce. Examinations scheduled by the director must include at least a detailed accounting of the revenue and expenditures of the fund and an analysis of the current and future solvency of the fund.  (B) In scheduling and determining the nature, scope, and frequency of examinations, the director shall consider compliance with relevant federal and South Carolina laws and regulations, the results of previous examinations, changes in management, and reports of the audits performed by the Legislative Audit Council.  (C) For purposes of completing an examination of an insurer under this article, the director may examine or investigate the Department of Employment and Workforce in a manner considered necessary or material by the director.  HISTORY: 2010 Act No. 146, Section 117, eff March 30, 2010.
SC Code § 38-13-710 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-710. Who may request examination; contents of request.

 (A) An examination of the unemployment compensation fund may be initiated upon the request of either:  (1) the Chairman of the Senate Labor, Commerce and Industry Committee or the Chairman of the Senate Finance Committee and the President of the Senate; or  (2) the Chairman of the House of Representatives Labor, Commerce and Industry Committee or the Chairman of the House of Representatives Ways and Means Committee and the Speaker of the House of Representatives.  (B) The request must describe the issues upon which the requestor would like for the examination to focus.  (C) The director must consult with the requestors to determine the appropriate scope of the examination.  HISTORY: 2010 Act No. 146, Section 117, eff March 30, 2010.  Editor's Note  2019 Act No. 1, Section 97, provides as follows:  "SECTION 97. The Code Commissioner is directed to change all references to 'President Pro Tempore', 'President Pro Tempore of the Senate', or 'President of the Senate Pro Tempore' not specifically addressed in this act to 'President of the Senate'."
SC Code § 38-13-720 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-720. Free access to books, records, and other materials relating to examination; powers of director.

 (A) The Department of Employment and Workforce must provide timely, convenient, and free access to all books, records, accounts, papers, documents, and computer or other recordings relating to the subject of the examination. If the director considers it necessary to the conduct of the examination, he may require that the Department of Employment and Workforce furnish the original books and records. The Executive Director of the Department of Employment and Workforce shall facilitate the examination and aid in the examination.  (B) The director may issue subpoenas, administer oaths, and examine under oath a person as to matters pertinent to the examination. Upon the failure or refusal of a person to obey a subpoena, the director may petition a court of competent jurisdiction, and upon proper showing the court may enter an order compelling the witness to appear and testify or produce documentary evidence. Failure to obey the court order is punishable as contempt of court.  (C) When making an examination pursuant to this article, the director may retain attorneys, appraisers, independent actuaries, independent certified public accountants, or other professionals and specialists as examiners. The cost of the retainment must be borne by the Department of Employment and Workforce. Examination fees must be retained by the department and are considered "other funds".  HISTORY: 2010 Act No. 146, Section 117, eff March 30, 2010.
SC Code § 38-13-730 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-730. Verification of data provided by department; sample data testing.

 In addition to any other recognized and appropriate examination methodologies, when conducting an examination, the department must utilize sample data testing to verify the accuracy of information provided by the Department of Employment and Workforce.  HISTORY: 2010 Act No. 146, Section 117, eff March 30, 2010.
SC Code § 38-13-740 (2021)
2021 South Carolina Code of Laws|Title 38 - Insurance|Chapter 13 - Examinations, Investigations, Records, And Reports|Section 38-13-740. Examination reports; contents; submission to General Assembly; availability on Internet websites.

 The results of each examination must be compiled in a report. Examination reports must be comprised of only facts appearing on the books, records, or other documents maintained by the Department of Employment and Workforce and as ascertained from the testimony of the executive director and any other employees examined concerning the subject of the examination, and the conclusions and recommendations of the director that he finds warranted from the facts. The reports must be submitted to the General Assembly, the Review Committee, and the Governor, and made available on the Internet websites maintained by the Department of Insurance and the Department of Employment and Workforce.  HISTORY: 2010 Act No. 146, Section 117, eff March 30, 2010.