The Idaho State Treasurer’s Office serves as custodian for securities required by the Idaho Industrial Commission from companies desiring authority to write workers’ compensation
insurance in the State of Idaho. This deposit is held in trust for the exclusive benefit of holders of obligations of the
insurer under the workers’ compensation laws of Idaho and remains with the Idaho State Treasurer or its custodial bank to
answer any default of the insurer.
Notice: As of July 1, 2014 the security types accepted for deposit will be changing.
Please view the changes
to Idaho Code 72-301 using this link:
Idaho Code 72-301
Please contact Jane McClaran at the Idaho Industrial Commission at (208)334-6042 with questions.
Security Types Accepted for Deposit
- U.S. Treasury Bills
- U.S. Treasury Bonds
- U.S. Treasury Notes
- Municipal Bonds (AA or better rating)
- Cash or cash equivalent
Wells Fargo Bank
- Idaho State Treasurer's Office - Angela Bonaminio - (208) 332-2998
- US Bank - Ellen Van Rossum - (503) 275-6173
- Wells Fargo Bank - Sandy Ricker - (612) 316-2631