AUTHORITY: In compliance with Sections 67-5220(1) and 67-5220(2), Idaho Code, notice is hereby given that this agency intends to promulgate rules and desires public comment prior to initiating formal rulemaking procedures. This negotiated rulemaking action is authorized pursuant to Sections 41-211, 41-253, 41-254(2) & (3), 41-612, 412502(3), 41-3817, 49-1129, 49-1231, 49-1608A, Idaho Code, and Chapter 9, International Fire Code.
MEETING SCHEDULE: A public meeting on the negotiated rulemaking will be held as follows:
Thursday, April 14, 2022 1:30 p.m. to 3:30 p.m. (MT)
Department of Insurance 700 W State St, 3rd Floor Boise, ID 83702
Web conference link: https://idahogov.webex.com/idahogov/j.php?MTID=mc83bacc066f0af3a2e012dc2e0f3c3fa
The meeting site(s) will be accessible to persons with disabilities, if needed. Requests for accommodation must be made not later than five (5) days prior to the meeting to the agency address below.
METHOD OF PARTICIPATION: Those interested in participating in the negotiated rulemaking process are encouraged to attend the scheduled meeting in person or via web conferencing. For those who cannot participate by attending the meeting, information for submitting written comments is provided in the notice of intent, posted in the Administrative Bulletin 22-4.
These rules are being presented for authorization as part of the DOI’s plan to review each rule every 5 years. Other than changes noted below, there are no specific rulemaking changes planned by the DOI at this time except for evaluation and amendment consistent with the Governor’s Executive Order 2020-01: Zero-Based Regulation. It is anticipated that rulemaking stakeholders will propose and advocate for rulemaking changes as part of the negotiated rulemaking process. The DOI intends to carefully consider all changes presented by the public and may propose certain changes so long as they are consistent with the rules’ statutory authority and the Governor’s Executive Order.
The following rule chapters are germane to this rulemaking:
• 18.02.02 – Automobile Insurance Policies;
• 18.02.03 – Certificate of Liability Insurance for Motor Vehicles;
• 18.07.01 – Rules Pertaining to Acquisitions of Control, Insurance Holding Company Systems and Mutual Insurance Holding Companies;
• 18.07.02 – Reserve Liabilities and Minimum Valuations for Annuities and Pure Endowment Contracts;
• 18.07.03 – Valuation of Life Insurance Policies Including the Use of Select Mortality Factors;
• 18.07.08 – Property and Casualty Actuarial Opinion Rule;
• 18.07.09 – Life and Health Actuarial Opinion and Memorandum Rule;
• 18.08.01 – Adoption of the International Fire Code; and
• 18.08.02 – Fire Protection Sprinkler Contractors.