The Idaho Department of Insurance accepted a 11.5% reduction in rates, effective January 1, 2023. This follows the National Council on Compensation Insurance submission of its annual rate recommendation to the Idaho Department of Insurance for review. NCCI’s recommendation is …
Christopher Katsikaris of Nampa, Idao, was sentenced to two years of supervised probation and a $500 fine after being convicted of one count of insurance fraud. Katsikaris plead guilty to the offense on June 21 after it was determined that …
Riley Presher, of Twin Falls, Idaho, was sentenced on Monday for insurance fraud in violation of Idaho Code 41-293. Presher on Dec. 15, 2017, purchased insurance and filed a claim for an accident he stated occurred that same day. When …
The Director of the Idaho Department of Insurance issued an order to cease and desist against Charlotte Jane Sheppard of Lincoln County after it was reported that Sheppard violated Idaho Code § 41-1016(1)(d) and (h) on numerous occasions. The department …
An Idaho man was sentenced for insurance fraud in violation of Idaho code after reportedly purchasing a 1992 Mercedes for $700 and then adding the vehicle to an existing policy with GEICO. Hester then filed a claim for damages done …
The Idaho Department of Insurance has named Weston Trexler deputy director. He was hired to the department as the product review bureau chief-actuary in 2012. He previously worked for the actuarial consulting firm Milliman. He worked for a health insurance …
The Idaho Department of Insurance has approved a proposal for a 6.2 percent overall rate decrease to Idaho workers’ compensation insurance effective Jan. 1, 2020. The proposed rate change was recommended by the National Council on Compensation Insurance. “The decrease …
The Idaho Department of Insurance has revoked the license of Desiree A. Jachetta for violations of the Idaho Insurance Code. Jachetta, a resident of Priest River, reported failed to appropriately handle clients’ premiums. In addition to revoking her license, originally …
The Idaho Department of Insurance revoked the insurance producer license of Bryce Joseph Vance for violations of the Idaho Insurance Code and imposed an administrative penalty of $46,000. Vance was charged and admitted to violations of Idaho Code, Title 41, …
Dean Cameron, director of the Idaho Department of Insurance, has been elected secretary-treasurer of the National Association of Insurance Commissioners. Cameron is the first Idaho Insurance Commissioner ever elected to NAIC leadership. He and his fellow NAIC leaders, elected at …
