ORDERS:
ORDER
This matter came before me pursuant to S.C. Code Ann Sections 38-73-1370 (Supp. 1996) and
38-73-910 (Supp. 1996), when the Petitioner, a licensed State of South Carolina rating
organization, filed for approval of its private passenger automobile property and casualty
insurance pure loss component on November 15, 1996. If the earned premiums in this State for
all members and subscribers of a licensed State of South Carolina rating organization exceeded
$2,000,000.00 during the previous calendar year for the line or type of insurance for which the
rate increase is sought, then pursuant to S.C. Code Ann. Section 38-73-910 (Supp. 1996), before
the pure loss component may be approved, notice must be given in all newspapers of general,
statewide circulation at least thirty days in advance of the insurer's proposed effective date of the
increase in premium rates to afford any insured or affected party fifteen days to request a public
hearing on the propriety of the rate increase before the ALJ Division.
Notice of the proposed increase was published in The Greenville News of Greenville, South
Carolina, and The Post and Courier of Charleston, South Carolina, on November 16, 1996, The
Herald of Rock Hill, South Carolina on November 18, 1996, The News and Press, of Darlington,
South Carolina on November 20, 1996, and in The State of Columbia, South Carolina on
November 25, 1996. To date, no one has requested a hearing on the matter aside from the South
Carolina Department of Insurance and the Consumer Advocate for the State of South Carolina.
Both the South Carolina Department of Insurance and the Consumer Advocate for the State of
South Carolina have withdrawn their objections to the rate increase request from the Petitioner.
The South Carolina Department of Insurance has moved this Court to dismiss the case pending
before it.
Based upon the foregoing, there being no justiciable controversy, it is hereby Ordered that the
case of Insurance Services Office versus State of South Carolina Department of Insurance,
Docket Number 96-ALJ-09-5018-CC, is hereby dismissed.
IT IS SO ORDERED.
__________________________
MARVIN F. KITTRELL
Chief Judge
Dated this ____ day of January, 1997 at
Columbia, South Carolina |
