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     Idaho Statutes

Idaho Statutes are updated to the website July 1 following the legislative session.

pecnv.out

TITLE 41
INSURANCE
CHAPTER 13
TRADE PRACTICES AND FRAUDS
41-1329A.  Unfair claims settlement practices — Penalty. The director, if he finds after a hearing, that an insurer has violated the provisions of section 41-1329, Idaho Code, may, in his discretion, impose an administrative penalty not to exceed ten thousand dollars ($10,000) to be deposited by the director as provided in section 41-406, Idaho Code, and may, in addition to the fine, or in the alternative to the fine, refuse to continue or suspend or revoke an insurer’s certificate of authority.

History:
[41-1329A, added 1987, ch. 278, sec. 13, p. 584.]


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