Idaho State Statutes - Idaho Attorney Directory

(1) Sections 41-1211
through 41-1234, Idaho Code, constitute and may be cited as the "Surplus Line
Law."
(2) It is declared that the purposes of the surplus line law are to
provide orderly access for the insuring public of Idaho to insurers not
authorized to transact insurance in this state, through only qualified,
licensed, and supervised surplus line brokers licensed in Idaho and under such
safeguards for the insured as may be practical, for insurance coverages and to
the extent thereof not procurable from authorized insurers; to protect such
authorized insurers, which under the laws of Idaho must meet certain standards
as to policy forms and rates, from unwarranted competition by unauthorized
insurers who, in the absence of this law, would not be subject to similar
requirements; and for other purposes as set forth in this law.

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