US Laws, Codes, Statutes & Cases

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 14
                           PROPERTY INSURANCE RATES
    41-1426.  JOINT UNDERWRITING OR JOINT REINSURANCE. (1) Every group,
association, or other organization of insurers which engages in joint
underwriting or joint reinsurance, shall be subject to regulation with respect
thereto as herein provided, subject, however, with respect to joint
underwriting, to all other applicable provisions of this chapter, or chapter
16 (worker's compensation rates), title 41, Idaho Code, and, with respect to
joint reinsurance to sections as follows:
    (a)  Section 41-1427 (examination of rating, advisory, and joint
    reinsurance organizations);
    (b)  Section 41-1432 (penalties); and
    (c)  Section 41-1434 (hearing procedure).
    (2)  If, after a hearing, the director finds that any activity or practice
of any such group, association or other organization is unfair or unreasonable
or otherwise inconsistent with the applicable provisions of this chapter, or
chapter 16, title 41, Idaho Code, he may issue a written order specifying in
what respects such activity or practice is unfair or unreasonable or otherwise
inconsistent with such provisions, and requiring the discontinuance of such
activity or practice.