ACQUISITIONS OF CONTROL AND INSURANCE HOLDING COMPANY SYSTEMS – Amends and adds to existing law to revise and establish provisions regarding insurance holding company systems.

This Idaho bill (H 71) updates regulations for insurance holding company systems, directly affecting insurers and their parent companies operating in Idaho. It revises definitions of key terms like "affiliate" and "control," adds new requirements for group capital calculations and liquidity stress testing (aligning with national NAIC standards), and creates new reporting rules for insurers under section 41-3809A. The bill mandates that insurance holding company systems conduct stress tests to ensure financial stability and report capital data, with these changes taking effect January 1, 2026. The amendments primarily target insurers within holding company systems, aiming to strengthen regulatory oversight and financial transparency.