Idaho S1262 revises insurer investment provisions, limiting single investments and requiring separate records.
Idaho S1262 amends existing law to revise provisions regarding miscellaneous insurer investments. Insurers may invest in eligible assets up to 10% of their total assets or 75% of their capital and surplus, excluding surplus notes. Investments are capped at 5% of an insurer's assets in a single investment or entity. Insurers must maintain separate records of these investments. The act declares an emergency and takes effect July 1, 2026.
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- Legal Framework
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