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Expand Section 2018 Insurance Legislation Summary

(All legislation takes effect July 1, 2018 unless otherwise noted.)

Department of Insurance Legislation:

  • The Department of Insurance brought forth no legislation during the 2018 Legislative Session.

Enacted Insurance-Related Legislation (for other bills that were printed but not enacted, please refer to www.legislature.idaho.gov):

  • Amending Idaho Code §§ 41-6003 and 41-6006 - House Bill 393. This legislation addressed three basic changes to the Idaho Immunization Assessment Board: (1) adding one additional member from the business community who represents a self-funded insurance plan to the existing Idaho Immunization Assessment Board; (2) resetting the sunset date for the Board from July 1, 2019, to July 1, 2024; and (3) removing the imposition of interest requirement for late or nonpayment of assessments.
    This bill was signed into law by Governor C. L. “Butch” Otter on March 1, 2018.
  • Amending Idaho Code § 41-3812 - House Bill 454 – This legislation revises provisions regarding dividends and other distributions, allowing domestic insurers to declare a non-extraordinary dividend if the dividend does not exceed the greater of 10% of surplus or the operating income for the preceding year, while providing appropriate levels of Department of Insurance oversight.
    This bill was signed into law by Governor C. L. “Butch” Otter on March 14, 2018.
  • Amending Idaho Code §§ 41-1315A and 41-2708 House Bill 519. To allow title insurance companies to reimburse bona fide employees for both title insurance premiums and escrow fees otherwise payable by the employee to the insurance agent or company in connection with the employee’s non-business residential real estate transactions.
    This bill was signed into law by Governor C. L. “Butch” Otter on March 20, 2018.
  • Repealing Title 49,Chapter 28, Idaho Code, adding Title 41, Chapter 62, Idaho Code, and amending Idaho Code § 41-114A - House Bill 521. This legislation updates the Idaho Motor Vehicle Service Contract Act, which was enacted into law in 1993. This legislation moves the authority to enforce the Act from the Attorney General to the Department of Insurance. In addition, this legislation clarifies the definition of some service contract types for inclusion. Also, this legislation maintains similar penalties for violations and does not preclude a cause of action under the Idaho Consumer Protection Act.
    This bill was signed into law by Governor C. L. “Butch” Otter on March 19, 2018.
  • Amending Idaho Code § 41-1850 - House Bill 522. This legislation revised provisions regarding the content of certificates of insurance and made technical corrections.
    This bill was signed into law by Governor C. L. “Butch” Otter on March 20, 2018.
  • Amending sections in Title 41, Chapter 43 Idaho Code - House Bill 548. This legislation provides that: benefits provided by a long-term care rider shall be considered the same type of benefits as the base life insurance policy or annuity contract to which it relates; the Idaho Life and Health Guaranty Association may terminate certain health benefit plans upon entry of an order of liquidation with approval of the director; certain Class B assessments for long-term care insurance shall be allocated by a methodology on a 50-50 split for health member insurers and life and annuity member insurers.
    This bill was signed into law by Governor C. L. “Butch” Otter on March 20, 2018.
  • Amending sections in Title 41, Chapter 41, Idaho Code - Senate Bill 1219. This legislation allows the Director of the Department of Insurance to waive the requirement for a joint public agency self-funded health benefits plan to purchase aggregate stop loss insurance when certain conditions are met.
    This bill was signed into law by Governor C. L. “Butch” Otter on March 13, 2018.
  • Amending Idaho Code § 41-306 , and adding §§ 41-306A and 41-516 – Senate Bill 1288. This legislation adds to and amends existing law to provide for interstate health insurance sales and to authorize out-of-state insurers to sell health insurance in Idaho under certain conditions and to authorize the department of insurance to enter into compacts with other states.
    This bill was signed into law by Governor C. L. “Butch” Otter on March 20, 2018.
  • Adding a new section Idaho Code § 41-1852 - Senate Bill 1302. This legislation adds to existing law a section to prohibit discrimination against and based on a person’s status as a living organ donor.
    This bill was signed into law by Governor C. L. “Butch” Otter on March 20, 2018.


Expand Section 2017 Insurance Legislation Summary

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Expand Section 2014 Insurance Legislation Summary

Expand Section 2013 Insurance Legislation Summary