41-113. COMPLIANCE REQUIRED — PUBLIC INTEREST. (1) No person shall transact a business of insurance in Idaho, or relative to a subject of insurance resident, located or to be performed in Idaho, without complying with the applicable provisions of this code.
(2) The business of insurance is one affected by the public interest, requiring that all persons be actuated by good faith, abstain from deception, and practice honesty and equity in all insurance matters. Upon the insurer, the insured, and their representatives, and all concerned in insurance transactions, rests the duty of preserving the integrity of insurance.
History:
[41-113, added 1961, ch. 330, sec. 13, p. 645.]
Structure Idaho Code
Chapter 1 - SCOPE OF INSURANCE CODE — GENERAL PROVISIONS
Section 41-102 - “INSURANCE” DEFINED.
Section 41-103 - “INSURER” DEFINED.
Section 41-104 - “PERSON” DEFINED.
Section 41-105 - “DIRECTOR,” “DEPARTMENT” DEFINED.
Section 41-106 - “DOMESTIC,” “FOREIGN,” “ALIEN” INSURER DEFINED.
Section 41-107 - “STATE” DEFINED.
Section 41-108 - “DOMICILE” DEFINED.
Section 41-109 - “PRINCIPAL OFFICE” DEFINED.
Section 41-110 - “AUTHORIZED,” “UNAUTHORIZED” INSURER DEFINED.
Section 41-111 - “CERTIFICATE OF AUTHORITY,” “LICENSE” DEFINED.
Section 41-112 - “TRANSACTING INSURANCE” DEFINED.
Section 41-113 - COMPLIANCE REQUIRED — PUBLIC INTEREST.
Section 41-114 - APPLICATION OF CODE AS TO PARTICULAR TYPES OF INSURERS.
Section 41-114A - SERVICE CONTRACTS.
Section 41-114B - LEGAL SERVICE EXPENSE PLANS.
Section 41-115 - PARTICULAR PROVISIONS PREVAIL.
Section 41-116 - CAPTIONS NOT TO AFFECT MEANING.
Section 41-117 - GENERAL PENALTY.
Section 41-117A - PENALTY FOR TRANSACTING INSURANCE WITHOUT PROPER LICENSING.
Section 41-118 - “CHAPTER” DEFINED.
Section 41-119 - APPLICABILITY OF CODE UNDER UNREPEALED LAWS.
Section 41-120 - CHARITABLE GIFT ANNUITIES.
Section 41-121 - EXEMPTION OF HEALTH CARE SHARING MINISTRIES FROM THE INSURANCE CODE.