TITLE 41

INSURANCE

CHAPTER 64

CORPORATE GOVERNANCE ANNUAL DISCLOSURE

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 chapter 38, title 41, Idaho Code.

(3)  "Insurer" has the same meaning as set forth in section 41-103, Idaho Code, and it shall not include agencies, authorities or instrumentalities of the United States, its possessions and territories, the commonwealth of Puerto Rico, the District of Columbia, or a state or political subdivision of a state. For purposes of this chapter, the term "insurer" includes, but is not limited to:

(a)  An entity holding a certificate of authority under chapter 3, title 41, Idaho Code;

(b)  A service corporation holding a certificate of authority under chapter 34, title 41, Idaho Code;

(c)  A managed care organization holding a certificate of authority under chapter 39, title 41, Idaho Code; and

(d)  The state insurance fund, created under chapter 9, title 72, Idaho Code.

History:

[41-6402, added 2017, ch. 77, sec. 1, p. 209.]