Idaho State Treasurer's Office
Bid Idaho

Idaho Prime Loan Program

Idaho Bond Bank Authority

Idaho Legal Rate of Interest
Workers' Compensation Indemnity Deposits

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

Forms

US Bank

Wells Fargo Bank

Contacts

  • 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