HIGHWAY SAFETY, TERRORISM EXCLUSION HIGHLIGHT IDAHO LEG. SESSION:

May 9, 2005

Idaho’s 2005 legislative session was marked as much by what legislation was passed as by what was not passed, according to the American Insurance Association. “Idaho legislators and Gov. Dirk Kempthorne (R) approved HB 160, a measure creating an exclusion from commercial property coverage for losses from foreign terrorism. AIA advocated for this exclusion in the event that Congress fails to extend the Terrorism Risk Insurance Act this year, leaving insurance companies exposed for incalculable risk from terrorist acts,” said Steve Suchil, AIA assistant vice president, western region. Many measures affecting highway safety were considered by the Idaho legislature this year. “Lawmakers approved two important highway safety bills that had failed passage repeatedly over the last three years,” Suchil said. “Children under the age of six will now have to ride in booster seats and young people under eighteen will have to wear helmets when riding motorcycles or all-terrain vehicles.” Gov. Kempthorne quickly signed both HB 178 and SB 1130 into law.

Topics Catastrophe Natural Disasters

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Insurance Journal Magazine May 9, 2005
May 9, 2005
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