2005 Idaho Code - 41-306 — EXCEPTIONS TO CERTIFICATE OF AUTHORITY REQUIREMENT

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 3
                          AUTHORIZATION OF INSURERS
                           AND GENERAL REQUIREMENTS
    41-306.  EXCEPTIONS TO CERTIFICATE OF AUTHORITY REQUIREMENT. A certificate
of authority shall not be required of an insurer with respect to the
following:
    (1)  Investigation, settlement, or litigation of claims under its policies
lawfully written in this state, or liquidation of assets and liabilities of
the insurer (other than collection of new premiums), all as resulting from its
former authorized operations in this state.
    (2)  Transactions thereunder subsequent to issuance of a policy covering
only subjects of insurance not resident, located or expressly to be performed
in this state at time of issuance, and lawfully solicited, written and
delivered outside this state.
    (3)  Transactions pursuant to surplus lines coverages lawfully written
under chapter 12 of this code.
    (4)  Reinsurance, when transacted by an insurer duly authorized by its
state of domicile to transact the kind of insurance involved.
    (5)  The continuation and servicing of life insurance or disability
insurance policies or annuity contracts remaining in force as to residents of
this state if the insurer has withdrawn from the state and is not transacting
new insurance therein.