Idaho
Dean Cameron
Department of Insurance
Appointments & Terminations
Yes
Yes
Within 15 days of contract execution or first business submission
Appointments must be submitted within 15 days of the date the agent/agency contract is executed or the first piece of business is submitted to the carrier
Yes
$0
$0
Yes
Yes
No
Yes
Required and is date supplied on transaction. Must be less than 15 days old and not in the future. Date effective is date supplied on transaction and cannot precede licensure.
Yes
Idaho portal
No fees
Yes
Yes
Cancelled; cancelled for cause
Yes
Required and is the date supplied on transaction. Must not be in the future and be less than 15 days old. Must not precede date of licensure for either appointee or appointer
No fee
Licensing
Resident New License Insurance Producer: $80 Resident New License Surplus Lines Producer: $80 Non Resident New License Insurance Producer: $80 Non Resident New License Surplus Lines Producer: $80
Resident Renewal Insurance Producer: $60 Resident Renewal Surplus Lines Producer: $60 Non Resident Renewal Insurance Producer: $60 Non Resident Renewal Surplus Lines Producer: $60
90 days before expiration
Last day of birth month every 2 years based on year of first state license issue
90 days before expiration
Last day of birth month every 2 years based on year of first state license issue
Late renewal allowed up to one year after expiration
No
Yes
Residence, Business, and Mailing
Third Party Administrator, Charitable Gift Annuities, Managed Care Organization, Risk Retention Group, Temporary Resident Producer, Life Settlement Broker, Property and Casualty, Independent Adjuster, Life, Managing General Agency, Purchasing Group, Non-Resident Public Adjuster, Title Agency, Resident Bail Agent, Non-Resident Bail Agent, Resident Public Adjuster, Life Settlement Provider, Motor Service Club, Non Resident Surplus Lines Broker, Resident Surplus Lines Broker, Non Resident Third Party Administrator, Resident Producer, Non Resident Producer, Non Resident Third Party Administrator - Designated Home State Idaho
Yes
Included in Producer License Class. Insurers are not required to appoint Brokers per NAIC PLMA
No
Agency
No
Yes
Yes
90 days prior to expiration date until the last day of the month following the issue month, biennially. Late renewal period ends one year past expiration date.
Yes
No, except travel agency.
Main – Only the primary location is licensed. No notification is required.
Adjuster
Yes
Yes
Yes
AK, AL, AR, AZ, CT, DE, FL, GA, IN, KY, LA, ME, MI, MN, MS, MT, NC, NH, NM, NV, OK, OR, RI, SC, TX, UT, VT, WA, WV, WY
CA, HI, NY, PR
No LOA Required
Licensing Fee: $80 Reinstatement Fee: $120.00 Renewal: $60
Yes
Biennially, on the last day of birth month
No special license or qualifications are needed for licensed adjusters sent to the state due to emergency/catastrophe.
Continuing Education
24
2 years
Last day of birth month
Year of first license issuance
Prior to license expiration.
90 days prior to expiration date
Producers licensed only for limited lines or surplus lines, including variable insurance line of authority that is limited to credit or GAP insurance, travel, surety, pet, or portable electronics, are exempt from CE. Agency and non resident adjusters are exempt from CE. Other licensees seeking an exemption can be listed on inactive status for reasons such as active military service.
Licensee has 30 days past your renewal date to get current and submit your renewal with an additional $100 fine. Past 30 days and up to 60 days, the fee becomes $200, and between 60 and 90 days, your fee is $300. If you’re 90 days past your renewal deadline, you’ll need to get current on CE and must retest for your lines of authority. At the year mark (365 days), you will need to reapply for a completely new license.
3 hours ethics or consumer protections
3 hours of NFIP course
8-hour initial certification, with 4 hours of LTC-specific training each renewal cycle thereafter
One-time, 4-hour course
https://agentsync.io/blog/individual-producers/insurance-continuing-education-idaho
Regulatory Updates
Idaho Removing Inactive Licenses
Beginning on 1/25/2023 Idaho will be removing roughly 170,000 inactive licenses. This will trigger PDB alerts.
Idaho No Longer Requiring Affiliations; Requiring Appointments
Effective immediately, Idaho will no longer requires affiliations for producers, but will require all individuals and entities to be appointed with their carriers
Idaho to Convert to State Based System
Idaho will be converting to the SBS in September. Beginning on September 8th at 6PM Central the Gateway will shut down until September14th at 9AM Central.
Idaho Updates Direct Placement for Surplus Lines
Surplus Lines premium tax must be paid by check to the Idaho Department of Insurance. The stamping fee must be paid to the Surplus Lines Association of Idaho.
Idaho Introduces New Producer Licensing Supervisor
Idaho welcomes their new Producer Licensing Supervisor, Lori Thomason. Also a thank you and congratulations is in order for Lisa Tordjman on her well deserved retirement.