Idaho Code · Title 41 · Insurance
Idaho Code § 41-908

Compensation To The Administrator

Ch. 9 — INSURANCE ADMINISTRATORS
Idaho Code ● ACTIVE State Law Title 41
Statutory Text

Idaho Code § 41-908 — Compensation To The Administrator.

TITLE 41 INSURANCE CHAPTER 9 INSURANCE ADMINISTRATORS 41-908. compensation to the administrator. (1) An administrator shall not enter into an agreement or understanding with an insurer in which the effect is to make the amount of the administrator’s commissions, fees or charges contingent upon savings effected by the adjustment, settlement and payment of losses covered by the insurer’s obligations. This provision shall not prohibit an administrator from receiving performance-based compensation for providing hospital or other auditing services. (2)  The provisions of this section shall not prevent the compensation of an administrator from being based on premiums or charges collected or the number of claims paid or processed.

History:[41-908, added 2010, ch. 31, sec. 2, p. 54.]
Source: legislature.idaho.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-IC41-SEC-E22AAA
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 41-908
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
1361d4f8841b1b6d...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 41-908 is reproduced from the official Idaho Legislature website (legislature.idaho.gov), published by the Idaho Legislative Services Office. Idaho Code is public domain.
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◈ Provenance
boisestandard.org United States Idaho Idaho Code Title 41 Idaho Code § 41-908