The Idaho Department of Insurance has three supporting services bureaus: the Company Activities Bureau, the Consumer Services Bureau and the State Fire Marshall. The overall mission of the department is to ensure equitable, effective and efficient administration of the Idaho Insurance Code.
Idaho Insurance Commissioner
Governor C.L. "Butch" Otter appointed Bill Deal as the Director of the Idaho Department of Insurance effective January of 2007. Prior to his appointment, Director Deal was an owner and managing partner of W. W. Deal Insurance Agency, located in Nampa, Idaho. Director Deal was also elected to the Idaho House of Representatives in 1990 and served eight terms. While in the House of Representatives, Mr. Deal was the chair of the State Affairs Committee between 2001 and 2007. He was also co-chair of the Legislative Healthcare Task Force for nine years. Before joining the Department of Insurance, Mr. Deal was the Chairman of the Board of the Idaho State Insurance Fund. He served as president of the Snake River Stampede, Nampa Rotary International, the University of Idaho Alumni Association and the Independent Insurance Agents of Idaho. Director Deal holds a B.A. in Business from the University of Idaho.
Idaho Annuity Resources
The Company Activities Bureau of the Idaho Department of Insurance oversees the financial condition of all of the insurance companies that conduct business in Idaho. This is of particular importance to annuity investors, who need to make sure that the company from which they purchase an annuity is financially solvent. A search of "annuities" on the Idaho Department of Insurance website at http://www.doi.idaho.gov/default.aspx, returns several pages of information relating to annuity resources. The Department of Insurance is located in Boise, ID and can be reached at (208) 334-4250.
|State Commissioner:||Bill Deal|
|Insurance Hotline:||(208) 334-4250|
|Annuity Guarantee Limit:||$100,000-$300,000|