Idaho Statutes

§ 41-3332 — REINSURER’S LIABILITY

Idaho § 41-3332
JurisdictionIdaho
Title 41INSURANCE
Ch. 33INSURERS SUPERVISION, REHABILITATION AND LIQUIDATION

This text of Idaho § 41-3332 (REINSURER’S LIABILITY) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Idaho Code § 41-3332 (2026).

Text

The amount recoverable by the liquidator from reinsurers shall not be reduced as a result of delinquency proceedings, regardless of any provision in the reinsurance contract or other agreement. Payment made directly to an insured or other creditor shall not diminish the reinsurer’s obligation to the insurer’s estate except when the reinsurance contract provided for direct coverage of a named insured and the payment was made in discharge of that obligation.

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Legislative History

[41-3332, added 1981, ch. 249, sec. 2, p. 527.]

Nearby Sections

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Bluebook (online)
Idaho § 41-3332, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/41-3332.