Idaho Admin. Code r. 18.01.02.030

Current through September 2, 2024
Section 18.01.02.030 - PRODUCER LICENSE AND RELATED FEES
01.Original Application. The following fee is due at the time of original application for the following license types:
a. Third party Administrators -- three hundred dollars ($300).
b. Producers, including limited line producers -- eighty dollars ($80).
c. Managing general agent -- eighty dollars ($80).
d. Adjusters, independent or public -- eighty dollars ($80).
e. Reinsurance intermediary -- eighty dollars ($80).
f. Surplus line brokers -- eighty dollars ($80).
g. Life settlement providers -- five hundred dollars ($500).
h. Life settlement brokers -- three hundred dollars ($300).
i. Independent review organization -- five hundred dollars ($500).
j. Vendor of portable electronics insurance, a separate type of limited lines producer:
i. More than ten (10) locations in the state of Idaho -- one thousand dollars ($1,000).
ii. Ten (10) or fewer locations in the state of Idaho -- one hundred dollars ($100).
k. Pharmacy Benefit Managers -- three hundred dollars ($300).
02.Examination Fee. Each time a producer or adjuster licensing examination is taken per Title 41, Chapters 10 and 11, Idaho Code, the applicant may pay a fee to a third-party testing vendor in the amount established by contract between the Department and the vendor.
03.Fingerprinting. Fingerprinting (as applicable) -- not to exceed eighty dollars ($80).
04.License Renewal. The following renewal fees are owed either annually or biannually and due as indicated in the Department's renewal form for each of the following license types:
a. Third Party Administrators (biennial) -- eighty dollars ($80).
b. Producers, including limited lines producers (biennial) -- eighty dollars ($80), or sixty dollars ($60) if renewed electronically.
c. Managing general agent (annual) -- eighty dollars ($80).
d. Adjusters, independent or public (biennial) -- eighty dollars ($80), or sixty dollars ($60) if renewed electronically.
e. Surplus line brokers (biennial) -- eighty dollars ($80), or sixty dollars ($60) if renewed electronically.
f. Life settlement providers (biennial) -- three hundred dollars ($300).
g. Life settlement brokers (biennial) -- eighty dollars ($80).
h. Independent review organization (biennial) -- three hundred dollars ($300).
i. Vendor of portable electronics insurance, a separate type of limited lines producer with (biennial):
i. More than ten (10) locations in the state of Idaho -- five hundred dollars ($500).
ii. Ten (10) or fewer locations in the state of Idaho -- one hundred dollars ($100).

Idaho Admin. Code r. 18.01.02.030

Effective July 1, 2024