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Committee approves surplus‑lines rule update consolidating broker reporting with premium filings
Summary
IDAPA 18.06.06 (surplus lines rules) was presented by the Department of Insurance and approved by the committee. The rewrite clarifies placement procedures for surplus‑lines insurance and consolidates a broker annual report into premium tax filings, a longstanding department practice.
Eric Fletcher, the Department of Insurance’s company activities bureau chief, presented IDAPA 18.06.06.2401, the surplus‑lines rule rewrite. Fletcher said the docket simplifies procedures for placing surplus‑lines (non‑admitted) insurance and clarified that a broker’s annual report requirement is satisfied by their premium tax filings rather than a separate submission. The Surplus Line Association of Idaho assisted in drafting, the department said, and negotiated rulemaking produced no opposition.
Representative Ehlers moved to approve the docket; the committee voted in favor by voice vote. Chairman Redmond declared a Rule 80 conflict and noted he sits on the surplus‑lines board.
The transcript shows the department reduced duplicative language and aligned rule text with longstanding department practice; no additional fiscal impacts or public testimony were recorded on the committee floor.
