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H0111...........................................................by BUSINESS
INSURANCE - Amends existing law to prohibit dishonest or predatory
insurance practices related to marketing or sales to United States armed
forces service members; and to authorize the director of the Department of
Insurance to promulgate rules.
02/06 House intro - 1st rdg - to printing
02/07 Rpt prt - to Bus
02/28 Rpt out - rec d/p - to 2nd rdg
03/01 2nd rdg - to 3rd rdg
03/02 3rd rdg - PASSED - 65-0-5
AYES -- Anderson, Andrus, Barrett, Bayer, Bedke, Bell, Bilbao, Black,
Block, Bock, Boe, Bolz, Brackett, Bradford, Chadderdon, Chavez, Chew,
Clark, Collins, Crane, Durst, Eskridge, Hagedorn, Hart, Henbest,
Jaquet, Killen, King, Kren, Lake, LeFavour, Loertscher, Luker,
Marriott, Mathews, McGeachin, Mortimer, Moyle, Nielsen,
Pasley-Stuart, Patrick, Pence, Raybould, Ring, Ringo, Roberts,
Ruchti, Rusche, Sayler, Schaefer, Shepherd(2), Shepherd(8), Shirley,
Shively, Smith(30), Smith(24), Snodgrass, Stevenson, Thayn, Trail,
Vander Woude, Wills, Wood(27), Wood(35), Mr. Speaker
NAYS -- None
Absent and excused -- Edmunson, Harwood, Henderson, Labrador, Nonini
Floor Sponsor - Snodgrass
Title apvd - to Senate
03/05 Senate intro - 1st rdg - to Com/HuRes
03/16 Rpt out - rec d/p - to 2nd rdg
03/19 2nd rdg - to 3rd rdg
03/21 3rd rdg - PASSED - 35-0-0
AYES -- Andreason, Bair, Bastian, Bilyeu, Broadsword, Burkett,
Cameron, Coiner, Corder, Darrington, Davis, Fulcher, Gannon, Geddes,
Goedde, Hammond, Heinrich, Hill, Jorgenson, Kelly, Keough, Langhorst,
Little, Lodge, Malepeai, McGee, McKague, McKenzie, Pearce,
Richardson, Schroeder, Siddoway, Stegner, Stennett, Werk
NAYS -- None
Absent and excused -- None
Floor Sponsor - Cameron
Title apvd - to House
03/22 To enrol - Rpt enrol - Sp signed
03/23 Pres signed
03/26 To Governor
03/29 Governor signed
Session Law Chapter 271
Effective: 07/01/07
]]]] LEGISLATURE OF THE STATE OF IDAHO ]]]]
Fifty-ninth Legislature First Regular Session - 2007
IN THE HOUSE OF REPRESENTATIVES
HOUSE BILL NO. 111
BY BUSINESS COMMITTEE
1 AN ACT
2 RELATING TO INSURANCE; AMENDING SECTION 41-1302, IDAHO CODE, TO PROHIBIT DIS-
3 HONEST OR PREDATORY INSURANCE PRACTICES RELATED TO MARKETING OR SALES TO
4 UNITED STATES ARMED FORCES SERVICE MEMBERS AND TO AUTHORIZE THE DIRECTOR
5 OF THE DEPARTMENT OF INSURANCE TO PROMULGATE RULES.
6 Be It Enacted by the Legislature of the State of Idaho:
7 SECTION 1. That Section 41-1302, Idaho Code, be, and the same is hereby
8 amended to read as follows:
9 41-1302. UNFAIR METHODS OF COMPETITION AND DECEPTIVE ACT PROHIBITED. (1)
10 No person shall engage in this state in any trade practice which is prohibited
11 in this chapter, or defined in this chapter as, or determined pursuant to this
12 chapter to be, an unfair method of competition or an unfair or deceptive act
13 or practice in the business of insurance.
14 (2) No person shall engage in dishonest or predatory insurance practices
15 in marketing or sales of insurance to service members of the United States
16 armed forces. Notwithstanding any other provision of title 41, Idaho Code, the
17 director may promulgate rules to define dishonest, unfair, deceptive or preda-
18 tory military sales practices.
STATEMENT OF PURPOSE
RS 16849
This proposal amends existing law to authorize the Director of the
Department of Insurance to promulgate rules to protect members of
the Armed Forces from unscrupulous insurance sales practices. The
amendment will allow Idaho to work collectively with other states
and the U.S. Secretary of Defense to develop and adopt protection
standards to comply with the federal Military Personnel Financial
Services Protection Act (Public Law 109-290).
FISCAL NOTE
No fiscal impact.
Contact
Name: Bill Deal, Department of Insurance
Phone: 334-4200
STATEMENT OF PURPOSE/FISCAL NOTE H 111