What is the administrative penalty for a license delinquency of one to thirty days?

The administrative penalty for a license delinquency of one to thirty days is one hundred dollars. This amount reflects the regulations set forth in Idaho’s insurance code, which stipulates specific penalties for various durations of delinquency. The intent behind this penalty structure is to encourage prompt renewal and compliance from licensees, ensuring that they maintain active and valid licenses to effectively serve the needs of the public and the insurance industry.

Understanding this regulation is crucial for independent adjusters as it helps them stay compliant and avoid unnecessary financial penalties. Penalties serve as a reminder of the importance of maintaining one's license in good standing to prevent lapses that could affect professional practice and the ability to operate legally within Idaho.