Idaho Administrative Code
Title IDAPA 18 - Insurance, Department of
Rule 18.07.08 - PROPERTY AND CASUALTY ACTUARIAL OPINION RULE
Section 18.07.08.022 - CONFIDENTIALITY
Universal Citation: ID Admin Code 18.07.08.022
Current through August 31, 2023
01. The Statement of Actuarial Opinion. Will be provided with the Annual Statement in accordance with the appropriate NAIC Property and Casualty Annual Statement Instructions and treated as a public document. (3-31-22)
02. Actuarial Report. (3-31-22)
a. Documents, materials or other information
in the possession or control of the Department that are considered an Actuarial
Report, work papers or Actuarial Opinion Summary provided in support of the
opinion, and any other material provided by the company to the Director in
connection with the Actuarial Report, work papers or Actuarial Opinion Summary,
will be considered to be exempt from public disclosure under Section
74-107(5), Idaho
Code, of the Idaho Public Records Act. (3-31-22)
b. This provision cannot be construed to
limit the Director's authority to release the documents to the Actuarial Board
for Counseling and Discipline (ABCD) so long as the material is needed for the
purpose of professional disciplinary proceedings and that the ABCD establishes
procedures satisfactory to the Director regarding disclosure of the documents,
nor be construed to limit the Director's authority to use the documents,
materials or other information in furtherance of any regulatory or legal action
brought as part of the Director's official duties.
(3-31-22)
03. Waiver. No waiver of any applicable privilege or claim of confidentiality in the documents, materials or information occurs as a result of disclosure to the director in Section 022. (3-31-22)
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