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.]
Structure Idaho Code
Chapter 16 - WORKER’S COMPENSATION RATES
Section 41-1601 - SCOPE OF CHAPTER.
Section 41-1602 - DECLARATION OF POLICY — PURPOSE.
Section 41-1603 - RATE-MAKING FACTORS.
Section 41-1604 - RATE STANDARD.
Section 41-1606 - RATE FILINGS REQUIRED.
Section 41-1607 - EXEMPTION FROM FILING.
Section 41-1608 - EFFECTIVE DATE OF FILING.
Section 41-1609 - DISAPPROVAL OF FILING WITHIN THE WAITING PERIOD.
Section 41-1610 - SUBSEQUENT DISAPPROVAL OF FILING.
Section 41-1611 - SCOPE OF DISAPPROVAL POWER.
Section 41-1612 - ADHERENCE TO FILINGS.
Section 41-1613 - EXCESS RATES.
Section 41-1615 - RATING ORGANIZATION MEMBERSHIP REQUIRED.
Section 41-1616 - RATING ORGANIZATION MINIMUM MEMBERSHIP.
Section 41-1617 - RATING ORGANIZATION COMMITTEES.
Section 41-1619 - OTHER PROVISIONS APPLICABLE.
Section 41-1620 - RATING ORGANIZATIONS.
Section 41-1621 - APPEAL BY MINORITY.
Section 41-1622 - INFORMATION TO INSUREDS — REVIEW OF INSURED’S COMPLAINT.
Section 41-1623 - APPEAL FROM FILING.
Section 41-1624 - COOPERATION AMONG RATING ORGANIZATIONS AND INSURERS.