Specifications include, but are not limited to: The Contractor(s) will conduct financial examinations of South Dakota domiciled insurers in accordance with the SDCL Chapter 58-3 and the procedures set forth in the NAIC Financial Condition Examiners Handbook. The Contractor(s) will, with approval of the Division of Insurance, designate an Examiner in Charge (EIC) for each examination. 3.2 The EIC and other financial examiners will comply with the risk focused examination approach as explained in the NAIC Financial Condition Examiners Handbook. 3.3 The EIC will participate in pre-examination planning meetings with the Division of Insurance and the company being examined and provide time and cost estimates for the examination.
