2014-2015 DOI Rulemaking Activity
The following describes rulemaking activity for submission before the Legislative Session 2015, and published in the Administrative Bulletin to 14-9, September 3, 2014 .
Rules Pertaining to Change in the Schedule of Fees, Licenses and Miscellaneous Charges
This rulemaking will seek to permit an increase in fees for examinations for producer and adjuster license applicants and will provide clarity and consistency concerning the required fee for self-funded health plans that register with the Department.
Rules Pertaining to Recognition of New Annuity Mortality Tables For Use in Determining Reserve Liabilities for Annuities and Pure Endowment Contracts.
This rulemaking will seek to amend Rule 46 to adopt NAIC 2012 individual annuity reserve table (2012 IAR) per NAIC model 821 for annuities issued January 1, 2015, and later.
Rules Pertaining to Continuing Education
This rulemaking will provide that resident adjusters and those adjusters with Idaho as the home state as well as resident / home state public adjusters will be required to meet continuing education requirements, and that the specifics of Rule 53, such as the approval of courses by the CE Committee, will apply.