This bill amends Idaho Code to introduce new provisions regarding private insurance coverage and claims for state property, specifically through the addition of Section 67-5775A. This section outlines the necessary steps the state must take before accepting any settlement offer for property claims exceeding $100,000. These steps include obtaining law enforcement reports, conducting damage assessments, reviewing insurance policy limits, and verifying the availability of secondary insurance. Additionally, the bill mandates that the director report findings to the affected agency and ensures that the report remains confidential until a settlement is reached. It also stipulates that no settlement can be finalized without the written concurrence of the affected agency.
Furthermore, the bill amends Section 67-1085 to clarify the reporting requirements for state agencies regarding agreements and proposed final insurance settlements, while also amending Section 74-105 to exempt the report required in Section 67-5775A from disclosure until a settlement is reached or the claim is closed. The bill declares an emergency, making it effective from July 1, 2026.
Statutes affected: Bill Text: 67-1085, 74-105