Idaho State Statutes - Idaho Attorney Directory

PERMISSIBLE INSURING COMBINATIONS WITHOUT ADDITIONAL CAPITAL
FUNDS. (1) A life insurer may also grant annuities without additional capital
or additional surplus.
(2) A disability insurer may also issue insurance against congenital
defects, as defined in section 41-506(1) (l), without additional capital or
additional surplus.
(3) A casualty insurer may be authorized to transact also disability
insurance without additional capital or additional surplus.
(4) A property insurer may without additional capital or additional
surplus include such amount and kind of insurance against legal liability or
injury, damage, or loss to the person or property of others, and for medical,
hospital, and surgical expense related to such injury, as the director deems
to be reasonably incidental to insurance of real property against fire and
other perils under policies covering farm properties, or residential
properties designated for occupancy by not more than four (4) families, with
or without incidental office, professional, private school or studio occupancy
by an insured whether or not the premium or rate charged for certain perils so
covered is specified in the policy. Any provision of section 41-509 (limit of
risk) to the contrary notwithstanding, no insurer authorized as to property
insurance only shall pursuant to this subsection retain risk as to any one (1)
subject of insurance as to hazards other than property insurance hazards, in
an amount exceeding five per cent (5%) of its surplus to policyholders.

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