Section 41-6308 – CONFIDENTIALITY.
41-6308. CONFIDENTIALITY. (1) Documents, materials or other information, including the ORSA summary report, in the possession of or control of the department that are obtained by, created by or disclosed to the director or any other person under this chapter are recognized by this state as being proprietary and to contain trade secrets. All such […]
Section 41-6401 – PURPOSE AND SCOPE.
41-6401. PURPOSE AND SCOPE. (1) The purpose and scope of this chapter are to: (a) Provide the insurance director a summary of an insurer or insurance group’s corporate governance structure, policies and practices to permit the director to gain and maintain an understanding of the insurer’s corporate governance framework; (b) Outline the requirements for completing […]
Section 41-6402 – DEFINITIONS.
41-6402. DEFINITIONS. As used in this chapter: (1) "Corporate governance annual disclosure" or "CGAD" means a confidential report filed by the insurer or insurance group made in accordance with the requirements of this chapter. (2) "Insurance group" means those insurers and affiliates included within an insurance holding company system as that term is defined in […]
Section 41-6206 – MOTOR VEHICLE SERVICE CONTRACT REQUIREMENTS.
41-6206. MOTOR VEHICLE SERVICE CONTRACT REQUIREMENTS. Before the sale of any motor vehicle service contract, the motor vehicle service contract provider shall give written notice to the customer clearly disclosing that the purchase of the contract is not required either to purchase or to obtain financing for a motor vehicle. No motor vehicle service contract […]
Section 41-6403 – DISCLOSURE REQUIREMENT.
41-6403. DISCLOSURE REQUIREMENT. (1) A domestic insurer, or the insurance group of which the domestic insurer is a member, shall, no later than June 1 of each calendar year, submit to the director a corporate governance annual disclosure (CGAD) that contains the information described in section 41-6404, Idaho Code. Absent a request from the director […]
Section 41-6207 – PROHIBITED ACTS.
41-6207. PROHIBITED ACTS. (1) A motor vehicle service contract provider may not use in its name, contracts or literature: (a) Any of the words "insurance," "casualty," "surety," "mutual" or any other words descriptive of the insurance, casualty or surety business; or (b) A name deceptively similar to the name or description of any insurance or […]
Section 41-6404 – CONTENTS OF CORPORATE GOVERNANCE ANNUAL DISCLOSURE.
41-6404. CONTENTS OF CORPORATE GOVERNANCE ANNUAL DISCLOSURE. (1) The insurer or insurance group shall have discretion over the responses to the CGAD inquiries, provided the CGAD shall contain the material information necessary to permit the director to gain an understanding of the insurer’s or group’s corporate governance structure, policies and practices including, without limitation, information […]
Section 41-6101 – SHORT TITLE.
41-6101. SHORT TITLE. This chapter shall be known and may be cited as the "Idaho Health Insurance Exchange Act." History: [41-6101, added 2013, ch. 170, sec. 1, p. 390.]
Section 41-6102 – PURPOSE AND INTENT.
41-6102. PURPOSE AND INTENT. It is the public policy of the state of Idaho to actively resist federal actions that would limit or override state sovereignty under the 10th amendment of the United States constitution. Through this legislation, the state of Idaho asserts its sovereignty by refusing to surrender decision-making authority over health care issues, […]
Section 41-6103 – DEFINITIONS.
41-6103. DEFINITIONS. For the purposes of this chapter: (1) "Board" means those individuals who, acting as a board of directors of the exchange, govern and act for the exchange pursuant to section 41-6104, Idaho Code. (2) "Conflict of interest" means that by taking any action or making any decision or recommendation on a matter within […]