reglab/housing_qa huggingface dataset:
ID Code § 41-1503 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 15 - MANAGING GENERAL AGENTS ACT|Section 41-1503 - LICENSURE.

41-1503. LICENSURE. (1) No person, firm, association or corporation shall act in the capacity of a MGA with respect to risks located in this state for an insurer licensed in this state unless such person is a licensed agent in this state pursuant to the provisions of chapter 10, title 41, Idaho Code. (2) No person, firm, association or corporation shall act in the capacity of a MGA representing an insurer domiciled in this state with respect to risks located outside this state unless such person is licensed as an agent in this state pursuant to the provisions of chapter 10, title 41, Idaho Code. (3) Every MGA as defined in section 41-1502(3), Idaho Code, shall be required to be bonded. The bond shall be in favor of the state to be held in trust for the benefit and protection of insureds and insurers whose money the MGA handles. The amount of the bond shall not be less than ten per cent (10%) of the amount of total funds handled, except that in no case shall such bond be less than five thousand dollars ($5,000). For purposes of fixing the amount of such bond, the amount of funds handled shall be determined by the total funds handled by the MGA in the preceding year, or if no funds were handled during the preceding year, the amount of funds reasonably estimated to be handled during the current calendar year by the MGA. Only one (1) such bond shall be required of the MGA for all insurers which utilize the services of the MGA, unless provided otherwise in the written agreement between the insurer and the MGA or otherwise required by the director. (4) The director may require the MGA to maintain an errors and omissions policy.  History: [41-1503, added 1991, ch. 293, sec. 1, p. 755.]
ID Code § 41-1505 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 15 - MANAGING GENERAL AGENTS ACT|Section 41-1505 - DUTIES OF INSURERS.

41-1505. DUTIES OF INSURERS. (1) The insurer shall have on file an independent financial examination, in a form acceptable to the director, of each MGA with whom it has done business. (2) If a MGA establishes loss reserves, the insurer shall annually obtain the opinion of an actuary attesting to the adequacy of loss reserves established for losses incurred and outstanding on business produced by the MGA. This is in addition to any other required loss reserve certification. (3) The insurer shall conduct an on-site review of the underwriting and claims processing operations of the MGA on a semiannual or more frequent basis. (4) Binding authority for all reinsurance contracts or participation in insurance or reinsurance syndicates shall rest with an officer of the insurer, who shall not be affiliated with the MGA. (5) Within thirty (30) days of entering into or termination of a contract with a MGA, the insurer shall provide written notification of such appointment or termination to the director. Notices of appointment of a MGA shall include: (a) A statement of duties which the applicant is expected to perform on behalf of the insurer; (b) The lines of insurance for which the applicant is to be authorized to act; and (c) Any other information the director may request. (6) An insurer shall review its books and records each quarter to determine if any agent has become, by operation of the provisions of section 41-1502(3) and (4), Idaho Code, a MGA as defined in that section. If the insurer determines that an agent has become a MGA pursuant to the above, the insurer shall promptly notify the agent and the director of such determination and the insurer and agent must fully comply with the provisions of this chapter within thirty (30) days. (7) An insurer shall not appoint to its board of directors an officer, director, employee, agent or controlling shareholder of its MGA. The provisions of this subsection shall not apply to relationships governed by chapter 38, title 41, Idaho Code.  History: [41-1505, added 1991, ch. 293, sec. 1, p. 757.]
ID Code § 41-1506 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 15 - MANAGING GENERAL AGENTS ACT|Section 41-1506 - EXAMINATION AUTHORITY.

41-1506. EXAMINATION AUTHORITY. The acts of the MGA are considered to be the acts of the insurer on whose behalf it is acting. A MGA may be examined pursuant to the insurance statutes and regulations as if it were the insurer.  History: [41-1506, added 1991, ch. 293, sec. 1, p. 758.]
ID Code § 41-1507 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 15 - MANAGING GENERAL AGENTS ACT|Section 41-1507 - PENALTIES AND LIABILITIES.

41-1507. PENALTIES AND LIABILITIES. (1) If the director finds, after a hearing conducted in accordance with the insurance code and the regulations and procedures adopted by the Idaho department of insurance, that any person, firm, association or corporation has violated any provision of this chapter, the director may order: (a) For each separate violation, a penalty in an amount not to exceed ten thousand dollars ($10,000); (b) Revocation or suspension of the agent’s license; and (c) The MGA to reimburse the insurer, the rehabilitator or liquidator of the insurer for any losses incurred by the insurer caused by a violation of the provisions of this chapter committed by the MGA. (2) Nothing contained in this section shall affect the right of the director to impose any other penalties provided for in the insurance statutes. (3) Nothing contained in this chapter is intended to or shall in any manner limit or restrict the rights of policyholders, claimants and auditors.  History: [41-1507, added 1991, ch. 293, sec. 1, p. 758.]
ID Code § 41-1601 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1601 - SCOPE OF CHAPTER.

41-1601. SCOPE OF CHAPTER. (1) This chapter applies as to worker’s compensation insurance as defined in section 41-506(1)(d), Idaho Code, and to insurance or guaranty by surety insurers of the obligations of employers under worker’s compensation laws. (2) This chapter shall not apply as to any domestic reciprocal insurer transacting worker’s compensation insurance only and insuring solely the hazards or perils of its subscribers exclusively associated with a single industry. However, if such a domestic reciprocal insurer transacting worker’s compensation insurance wishes to insure hazards or perils outside a single industry, insurance written on such different hazards shall be subject to the provisions of this chapter.  History: [41-1601, added 1961, ch. 330, sec. 362, p. 645; am. 1999, ch. 286, sec. 1, p. 711.]
ID Code § 41-1602 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1602 - DECLARATION OF POLICY — PURPOSE.

41-1602. DECLARATION OF POLICY — PURPOSE. (1) It is declared that the public welfare is served by the making of premium rates for workmen’s compensation insurance coverages in concert, and that the review by the state of the rates so made is necessary and desirable in the public interest. (2) It is the purpose of this chapter: (a) To authorize such rate-making in concert, and the operation of rating organizations relative thereto; (b) To establish the general bases and standards for the making of such rates; (c) To provide for review by the state of such rate-making and the results thereof.  History: [41-1602, added 1961, ch. 330, sec. 363, p. 645.]
ID Code § 41-1603 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1603 - RATE-MAKING FACTORS.

41-1603. RATE-MAKING FACTORS. All rates shall be made in accordance with the following provisions: (1) Due consideration shall be given to past and prospective loss experience within and outside this state, to catastrophe hazards, if any, to a reasonable margin for underwriting profit and contingencies, to dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers, to past and prospective expenses both countrywide and those specially applicable to this state, and to all other relevant factors within and outside this state; (2) The systems of expense provisions included in the rates for use by any insurer or group of insurers may differ from those of other insurers or groups of insurers to reflect the requirements of the operating methods of any such insurer or group with respect to any kind of insurance, or with respect to any subdivision or combination thereof for which subdivision or combination separate expense provisions are applicable; (3) Risks may be grouped by classifications for the establishment of rates and minimum premiums. Classification rates may be modified to produce rates on individual risks in accordance with rating plans which establish standards for measuring variations in hazards or expense provisions, or both. Such standards may measure any differences among risks that can be demonstrated to have a probable effect upon losses or expenses.  History: [41-1603, added 1961, ch. 330, sec. 364, p. 645.]
ID Code § 41-1604 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1604 - RATE STANDARD.

41-1604. RATE STANDARD. Rates shall not be excessive, inadequate or unfairly discriminatory.  History: [41-1604, added 1961, ch. 330, sec. 365, p. 645.]
ID Code § 41-1605 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1605 - UNIFORMITY.

41-1605. UNIFORMITY. Except to the extent necessary to meet the provisions of section 41-1604, uniformity among insurers in any matter within the scope of sections 41-1603 and 41-1604 is neither required nor prohibited.  History: [41-1605, added 1961, ch. 330, sec. 366, p. 645.]
ID Code § 41-1606 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1606 - RATE FILINGS REQUIRED.

41-1606. RATE FILINGS REQUIRED. (1) There shall be filed with the director on behalf of every insurer writing workmen’s compensation coverages in this state, every manual of classifications, rules and rates, every rating plan and every modification of any of the foregoing which it proposes to use. Every such filing shall state the proposed effective date thereof, and shall indicate the character and extent of the coverage contemplated. When a filing is not accompanied by the information upon which the filing is supported, and the director does not have sufficient information to determine whether such filing meets the requirements of this chapter, he shall require the insurer’s rating organization or the insurer to furnish the information upon which it supports the filing and in such event the waiting period shall commence as of the date such information is furnished. The information furnished in support of a filing may include (a) the experience or judgment of the insurer, (b) the insurer’s or rating organization’s interpretation of any statistical data relied upon, (c) the experience of other insurers or rating organizations, or (d) any other relevant factors. (2) A filing and any supporting information shall be open to public inspection after the filing becomes effective.  History: [41-1606, added 1961, ch. 330, sec. 367, p. 645.]
ID Code § 41-1607 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1607 - EXEMPTION FROM FILING.

41-1607. EXEMPTION FROM FILING. Under such rules and regulations as he shall adopt the director may, by written order, suspend or modify the requirements of filing as to any kind of insurance, subdivision or combination thereof, or as to classes or risks, the rates for which cannot practicably be filed before they are used. Such orders, rules and regulations shall be made known to insurers and rating organizations affected thereby. The director may make such examination as he may deem advisable to ascertain whether any rates affected by such order meet the standards set forth in section 41-1604.  History: [41-1607, added 1961, ch. 330, sec. 368, p. 645.]
ID Code § 41-1608 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1608 - EFFECTIVE DATE OF FILING.

41-1608. EFFECTIVE DATE OF FILING. (1) The director shall review filings as soon as reasonably possible after they have been made in order to determine whether they meet the requirements of this chapter. (2) Subject to the exception specified in subsection (3) below, each filing shall be on file for a waiting period of sixty (60) days before it becomes effective. Upon the written application by the insurer or rating organization, the director may authorize a filing which he has reviewed to become effective before expiration of the waiting period. A filing shall be deemed to meet the requirements of this chapter unless disapproved by the director within the waiting period or any extension thereof. (3) Any special filing with respect to a surety or guaranty bond required by law or by court or executive order or by order, rule or regulation of a public body, not covered by a previous filing, shall become effective when filed and shall be deemed to meet the requirements of this chapter until such time as the director reviews the filing and so long thereafter as the filing remains in effect.  History: [41-1608, added 1961, ch. 330, sec. 369, p. 645; am. 1979, ch. 186, sec. 1, p. 544.]
ID Code § 41-1609 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1609 - DISAPPROVAL OF FILING WITHIN THE WAITING PERIOD.

41-1609. DISAPPROVAL OF FILING WITHIN THE WAITING PERIOD. If within the waiting period or any extension thereof as provided in section 41-1608(2), the director finds that a filing does not meet the requirements of this chapter, he shall send to the rating organization which made the filing written notice of disapproval of the filing specifying therein in what respects he finds the filing fails to meet the requirements of this chapter and stating that the filing shall not become effective.  History: [41-1609, added 1961, ch. 330, sec. 370, p. 645.]
ID Code § 41-1610 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1610 - SUBSEQUENT DISAPPROVAL OF FILING.

41-1610. SUBSEQUENT DISAPPROVAL OF FILING. If any time subsequent to the applicable review period provided for in section 41-1608(2), Idaho Code, the director finds that a filing does not meet the requirements of this chapter, he shall after a hearing held in accordance with chapter 2, title 41, Idaho Code, to every rating organization which made the filing, issue an order specifying in what respects he finds that the filing fails to meet the requirements of this chapter, and stating when, within a reasonable period thereafter, the filing shall be deemed no longer effective. Copies of the order shall be sent to every such rating organization. The order shall not affect any contract or policy made or issued prior to the expiration of the period set forth in the order.  History: [41-1610, added 1961, ch. 330, sec. 371, p. 645; am. 2005, ch. 77, sec. 16, p. 265.]
ID Code § 41-1611 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1611 - SCOPE OF DISAPPROVAL POWER.

41-1611. SCOPE OF DISAPPROVAL POWER. No manual of classifications, rules, rating plan, or any modification of any of the foregoing which establishes standards for measuring variations in hazards or expense provisions, or both, and which has been filed pursuant to the requirements of section 41-1606 shall be disapproved if the rates thereby produced meet the requirements of this chapter.  History: [41-1611, added 1961, ch. 330, sec. 372, p. 645.]
ID Code § 41-1612 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1612 - ADHERENCE TO FILINGS.

41-1612. ADHERENCE TO FILINGS. No insurer shall issue, renew, or continue in force in this state any worker’s compensation insurance at premium rates less than the rates applicable under the filings in effect for the insurer, or in effect in accordance with section 41-1607 (exemption from filing) or 41-1613 (excess rates), Idaho Code.  History: [41-1612, added 1961, ch. 330, sec. 373, p. 645; am. 1996, ch. 194, sec. 1, p. 604; am. 2021, ch. 42, sec. 3, p. 125.]
ID Code § 41-1613 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1613 - EXCESS RATES.

41-1613. EXCESS RATES. Upon the written application of the insured, stating his reasons therefor, filed with and approved by the director, a rate in excess of that provided by a filing otherwise applicable may be used on any specific risk.  History: [41-1613, added 1961, ch. 330, sec. 374, p. 645.]
ID Code § 41-1614 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1614 - DEVIATIONS.

41-1614. DEVIATIONS. (1) Every member of a rating organization shall adhere to the filings made on its behalf by such organization except that any such insurer may make written application to the director for permission to file a uniform percentage decrease or increase to be applied to the premiums produced by the rating system so filed for a kind of insurance or for a class of insurance which is found by the director to be a proper rating unit for the application of such uniform percentage decrease or increase, or for a subdivision of a kind of insurance (a) comprised of a group of manual classifications which is treated as a separate unit for rate-making purposes, or (b) for which separate expense provisions are included in the filings of the rating organization. Such applications shall specify the basis for the modification and shall be accompanied by the data upon which the applicant relies. A copy of the application and data shall be sent simultaneously to such rating organization. (2) The director shall set a time and place for a hearing at which the insurer and such rating organization may be heard and shall give them notice thereof in accordance with chapter 2, title 41, Idaho Code. In the event the director is advised by the rating organization that it does not desire a hearing he may, upon the consent of the applicant, waive such hearing. In permitting or denying such modification with respect to worker’s compensation insurance the director shall give consideration to the operating methods and expense provisions of the insurer as compared with the expense provisions included in the rating system filed by such rating organization. (3) The director shall issue an order permitting the modification for such insurer to be filed if he finds it to be justified and it shall thereupon become effective. He shall issue an order denying such application if he finds that the modification is not justified or that the resulting premiums would be excessive, inadequate or unfairly discriminatory. (4) Each deviation permitted to be filed shall be effective for a period of one (1) year from the date of such permission unless terminated sooner with the approval of the director.  History: [41-1614, added 1961, ch. 330, sec. 375, p. 645; am. 2005, ch. 77, sec. 17, p. 266.]
ID Code § 41-1615 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1615 - RATING ORGANIZATION MEMBERSHIP REQUIRED.

41-1615. RATING ORGANIZATION MEMBERSHIP REQUIRED. Every insurer, including the Idaho state insurance fund, writing workmen’s compensation insurance in this state shall be a member of a workmen’s compensation rating organization. No insurer may at the same time belong to more than one rating organization with respect to such insurance.  History: [41-1615, added 1961, ch. 330, sec. 376, p. 645.]
ID Code § 41-1616 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1616 - RATING ORGANIZATION MINIMUM MEMBERSHIP.

41-1616. RATING ORGANIZATION MINIMUM MEMBERSHIP. Such a rating organization shall have as members not less than five (5) insurers authorized to write and writing workmen’s compensation insurance in this state, and whose combined experience is determined by the director to be reasonably adequate for rate-making purposes.  History: [41-1616, added 1961, ch. 330, sec. 377, p. 645.]
ID Code § 41-1617 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1617 - RATING ORGANIZATION COMMITTEES.

41-1617. RATING ORGANIZATION COMMITTEES. In a rating organization of which the Idaho state insurance fund is a member, the Idaho state insurance fund shall be entitled, without election, to membership on any committee thereof established in connection with the operation of the rating organization in this state. One-half (1/2) of the members of each such committee shall be chosen by the stock insurers and one-half (1/2) by the nonstock insurers.  History: [41-1617, added 1961, ch. 330, sec. 378, p. 645.]
ID Code § 41-1619 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1619 - OTHER PROVISIONS APPLICABLE.

41-1619. OTHER PROVISIONS APPLICABLE. Subject to the express provisions of this chapter, the following sections of chapter 14, title 41, Idaho Code, shall, to the extent so applicable, also apply as to this chapter: (1) Section 41-1421 (technical services). (2) Section 41-1425 (advisory organizations). (3) Section 41-1426 (joint underwriting or joint reinsurance). (4) Section 41-1427 (examination of rating, advisory, and joint reinsurance organizations). (5) Section 41-1428 (recording, reporting of loss and expense experience). (6) Section 41-1429 (interchange of data, consultation). (7) Section 41-1431 (false, misleading information). (8) Section 41-1432 (penalties for violations, noncompliance). (9) Section 41-1433 (rules and regulations). (10) Section 41-1434 (hearing procedure).  History: [41-1619, added 1961, ch. 330, sec. 380, p. 645; am. 1969, ch. 306, sec. 19, p. 917; am. 2005, ch. 77, sec. 18, p. 266.]
ID Code § 41-1621 (2021)
2021 Idaho Code|Title 41 - INSURANCE|Chapter 16 - WORKER’S COMPENSATION RATES|Section 41-1621 - APPEAL BY MINORITY.

41-1621. APPEAL BY MINORITY. (1) Any member of or subscriber to a rating organization may appeal to the director from the action or decision of the rating organization in approving or rejecting any proposed change in or addition to the filings of the rating organization and the director shall, after a hearing held upon notice to the appellant and to the rating organization in accordance with chapter 2, title 41, Idaho Code, issue an order approving the action or decision of the rating organization or directing it to give further consideration to such proposal, or, if such appeal is from the action or decision of the rating organization in rejecting a proposed addition to its filings, he may, in the event he finds that such action or decision was unreasonable, issue an order directing the rating organization to make an addition to its filings, on behalf of its members and subscribers, in a manner consistent with his findings, within a reasonable time after the issuance of such order. (2) If such appeal is based upon the failure of the rating organization to make a filing on behalf of such member or subscriber which is based on a system of expense provisions which differs, in accordance with the right granted in section 41-1603(2), Idaho Code, from the system of expense provisions included in a filing made by the rating organization, the director shall, if he grants the appeal, order the rating organization to make the requested filing for use by the appellant. In deciding such appeal the director shall apply the standards set forth in sections 41-1603 and 41-1604, Idaho Code.  History: [41-1621, added 1969, ch. 306, sec. 21, p. 917; am. 2005, ch. 77, sec. 20, p. 268.]