Idaho Department of Insurance News

Idaho Department Of Insurance Director to Retire

Idaho Department of Insurance Director Bill Deal announced today he is retiring. His retirement is effective on Dec. 31. Deal was appointed by Gov. C.L. “Butch” Otter and began his eight-year tenure on Jan. 2, 2007. “My time with the …

Idahoans to See Slight Reduction in Workers’ Comp Rates in 2015

The Idaho Department of Insurance this week announced Idaho’s overall workers’ compensation premium rates will be reduced by an average of 0.2 percent for 2015. “This slight rate decrease is an indicator of the stability of workers’ compensation coverage in …

Idaho Insurance Department Revokes Father and Son Licenses

The Idaho Department of Insurance issued orders revoking the Idaho insurance producer licenses held by Adrian Rand Robison and his son, Adrian Russell Robison. Rand Robison was the founder and chairman of the board of The Legacy Network, an insurance …

Idaho Insurance Department Launches Portable Electronics License

The Idaho Department of Insurance will begin licensing businesses to sell portable electronics insurance to cover the repair or replacement of portable electronic devices such as cell phones and tablets and their accessories starting July 1. “This type of insurance …

Idaho Insurance Agent Gets Suspended Sentence

A former Farmers Insurance agent from Meridian, Idaho was sentenced to up to five years in prison after he pleaded guilty to diverting more than $3,700 in premium payments for his personal use. Fourth District Judge Thomas Neville suspended the …

Idaho Reaches Settlement With Insurer Aflac

State officials say Idaho will receive $200,000 as part of a regulatory settlement with the insurer Aflac Inc. On Monday, the Idaho Department of Insurance said Aflac will have to submit compliance reports to the state every six months as …

Idaho Man Gets Jail Time For Faking Motorcycle Mishap

The insurance claim seemed straightforward: Jason Preston said his motorcycle was wrecked. His clothing was scuffed up to prove it. But Idaho investigators figured there was something fishy about the Blackfoot man’s story he’d crashed the bike to avoid hitting …

Former Idaho Insurance Investigators Sue Department of Insurance, Others

A lawsuit filed by former Idaho insurance investigators says they were forced out of the Idaho Department of Insurance for turning over information to the feds during an investigation into an eastern Idaho insurance company for fraud, the Idaho Statesman …