41-3801. PURPOSE. The purpose of this chapter is to prevent acquisition or divestiture of control of an insurer or a holding company system of which an insurer is a part where such acquisition would be adverse to the public interest and the interests of policyholders and shareholders. A further purpose of this chapter is to promote the public interest and the interests of policyholders and shareholders by facilitating, consistent with those interests, better use of management skills and services, diversification through acquisitions, free access to capital markets, sound tax planning and open competition. An additional purpose is to monitor and regulate insurance holding company systems.
History:
[41-3801, added 2013, ch. 266, sec. 2, p. 652.]
Structure Idaho Code
Chapter 38 - ACQUISITIONS OF CONTROL AND INSURANCE HOLDING COMPANY SYSTEMS
Section 41-3802 - DEFINITIONS.
Section 41-3803 - SUBSIDIARIES OF INSURERS.
Section 41-3805 - TENDER OFFER MATERIAL.
Section 41-3806 - APPROVAL BY DIRECTOR — HEARINGS.
Section 41-3807 - MAILING — PAYMENT OF EXPENSES.
Section 41-3808 - ACQUISITIONS INVOLVING INSURERS NOT OTHERWISE COVERED.
Section 41-3809 - REGISTRATION OF HOLDING COMPANY SYSTEM INSURERS.
Section 41-3810 - STANDARDS AND MANAGEMENT OF AN INSURER WITHIN AN INSURANCE HOLDING COMPANY SYSTEM.
Section 41-3811 - ADEQUACY OF SURPLUS.
Section 41-3812 - DIVIDENDS AND OTHER DISTRIBUTIONS.
Section 41-3813 - MANAGEMENT OF DOMESTIC INSURERS SUBJECT TO REGISTRATION.
Section 41-3814 - EXAMINATION.
Section 41-3815 - SUPERVISORY COLLEGES.
Section 41-3815A - GROUP-WIDE SUPERVISION OF INTERNATIONALLY ACTIVE INSURANCE GROUPS.
Section 41-3816 - CONFIDENTIAL TREATMENT.
Section 41-3820 - RECEIVERSHIP.
Section 41-3822 - REVOCATION, SUSPENSION OR NONRENEWAL OF INSURER’S LICENSE.
Section 41-3823 - JUDICIAL REVIEW — MANDAMUS.