Filing Requirements - Reinsurers Applying for Accredition
- The company must complete and file with the Department the Letter of Intent, Form INS-ADM-REI2.
- The company must complete and file with the Department the Designation of Legal Agent, Form INS-ADM-DLAO.
- A current Certificate of Compliance certified by the public insurance supervisory official of the company's state of domicile.
- A current Annual Statement certified by the public insurance supervisory official of the company's state of domicile, or sworn to by at least two executive officers of the Company, with a certified Actuary's Opinion, and a copy of the Management Discussion and Analysis.
- A copy of the company's most recent Report of Examination made by a state regulatory body certified by the public insurance supervisory official of the company's state of domicile. This Report must not be more than three (3) years old.
- A copy of the company's most recent audited financial statements including the accountant's letter of qualification and the accountant's report on internal controls.
- Appointment and authority of United States Manager certified by officer having custody of records, if an alien company.
- Fees as outlined below, as required by Idaho Department of Insurance Regulation No. 44:
AUTHORIZATION FEES
Review of Application $ 500.00
Make check payable to the Idaho Department of Insurance. This fee is not refundable.
