SDCL § 58-29B-2: Scope.

The provisions of this chapter apply to:

(1) All insurers who are doing, or have done, an insurance business in this state, and against whom claims arising from that business may exist now or in the future;

(2) All insurers who purport to do an insurance business in this state;

(3) All insurers who have insureds resident in this state;

(4) All other persons organized or in the process of organizing with the intent to do an insurance business in this state;

(5) All nonprofit service plans and all fraternal benefit societies, health maintenance organizations, benefit societies and any other entity subject to Title 58;

(6) All title insurance companies, subject to chapter 58-25;

(7) Any entity whose administrative actions represent the administrative actions of an insurance company.