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Senate Commerce Committee approves multiple agency rule dockets, advances two construction-related RS bills and forwards insurance-board appointment
Summary
The committee approved several agency rules from the Department of Insurance and other agencies, voted to send two construction-related RS proposals to print, and recommended gubernatorial reappointment of Steve Landon to the Idaho State Insurance Fund Board.
The Idaho Senate Commerce Committee approved a package of agency rule dockets from the Department of Insurance and other regulatory bodies, advanced two construction-related RS proposals to print, and voted to send the gubernatorial reappointment of Steve Landon to the Idaho State Insurance Fund Board to the full Senate with a recommendation for confirmation.
Department of Insurance dockets: Dean Cameron, director of the Idaho Department of Insurance, introduced a set of rule reviews the department undertakes annually. Eric Fletcher, company activities bureau chief, told the committee the Department cut the life-settlement rule by 30% and said the changes were intended to "simplify and reduce duplication of statute." The committee approved docket 18-03-02-2401 (life settlements).
Title insurance and surplus lines: Shannon Hole, Market…
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