Idaho Department of Insurance News

Idaho Department of Insurance Names Trexler Deputy Director

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 …

Worker’s Compensation Rates to Decrease in Idaho for 2020

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 …

Idaho Insurance Agent Loses License for Failure to Handle Premiums

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 …

Idaho Insurance Agent Fined $46K for Submitting Unauthorized Applications

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, …

Idaho Commissioner Named NAIC Secretary-Treasurer

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 …

Idaho Trucking Operator Convicted of Pocketing Premiums

A fraud investigation initiated by the Idaho Department of Insurance lead to the criminal prosecution of a local trucking company owner who pocketed insurance premiums. DOI investigators teamed with the state Attorney General’s Office following a consumer tip to build …

Idaho Workers’ Compensation Rates to Decrease in 2019

The Idaho Department of Insurance has proved a 4.2 percent drop in workers’ compensation insurance rates effective Jan. 1, 2019. The proposed rate change comes from the National Council on Compensation Insurance, and is a function of declining claim costs, …

Idaho Workers’ Comp Rates to Decrease Another 3.4% in June

The Idaho Department of Insurance has approved a proposal from the National Council on Compensation Insurance for another 3.4 percent decrease to workers’ compensation insurance rates. The decrease is effective for policies issued or renewing after May 31, 2018. This …

Idaho Workers’ Comp Rates to Decrease for 2018

The Idaho Department of Insurance has received a proposal from the National Council on Compensation Insurance for an overall rate drop of 5.8 percent percent to workers’ compensation insurance. The decrease is to become effective Jan. 1, 2018. Department Director …

Snow Damage Found to Be Origin of Idaho Fire

Investigators from the Idaho State Fire Marshal’s Office looking into a fire last week at a local business in Council believe the blaze could have been caused by heavy snowfall. Many parts of Idaho have received record-breaking snowfall since mid-December. …