Amends and adds to existing law to provide that the Idaho Transportation Department shall promulgate rules to provide insurers an alternative method for verifying motor vehicle insurance policy data; and to provide that failure to comply with specified law regarding uninsured vehicle tracking shall constitute a wrongful practice and subject an insurer to penalties.
MOTOR VEHICLE INSURANCE - Amends and adds to existing law to provide that the Idaho Transportation Department shall promulgate rules to provide insurers an alternative method for verifying motor vehicle insurance policy data; and to provide that failure to comply with specified law regarding uninsured vehicle tracking shall constitute a wrongful practice and subject an insurer to penalties.
STATEMENT OF PURPOSE
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Idaho Code Section 49-1234 established an online insurance verification system relating to motor vehicle insurance coverage. The purpose of this legislation is to clarify records and information available for verification. The legislation also establishes penalties if insurers do not comply with Section 49-1234.
HOW THEY VOTED
Senate Third Reading
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YEA (35)
NAY (0)
House Third Reading
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YEA (65)
ABSENT / NOT VOTING (3)
LATEST ACTION
Signed by Governor on 03/23/16 Session Law Chapter 141 Effective: 07/01/2016