ID| The Idaho Department of Insurance (DOI) has issued Bulletin No. 25-02, mandating a data call for all property and casualty insurers licensed to write homeowners and dwelling fire property insurance in Idaho, specifically targeting those with significant premium volumes either nationally or within the state. The purpose of this data call is to collect detailed policy and claims data from January 1, 2018, through December 31, 2024, to analyze the property insurance market—particularly regarding wildfire risk—to better understand market dynamics, affordability, availability, and insurer exposures1. Insurers must submit their data electronically to ISO, the DOI’s designated agent, by May 20, 2025, using a specified template, and all submissions will be treated as confidential per Idaho law, with noncompliance potentially resulting in administrative penalties.
Key points:
- The data call is mandatory for insurers meeting specific premium thresholds and covers homeowners and dwelling fire insurance written in Idaho.
- The collected data will inform the DOI’s analysis of market conditions, focusing on wildfire-related risks and consumer protection.
- Insurers must submit data electronically to ISO by May 20, 2025, following strict confidentiality protocols, and face penalties for noncompliance.