What does Idaho regulation prohibit concerning the investigation or payment of claims?

The option stating that Idaho regulation prohibits mandating a preliminary claim report followed by a formal proof of loss with the same information is correct because such practices can create unnecessary redundancy and burden for the claimant. Regulations are designed to streamline the claims process, ensuring that policyholders are not subjected to excessive paperwork or duplicative efforts when filing claims. Requiring the same information multiple times can lead to delays and frustration for claimants, undermining the intent of fair and efficient claims processing.

The regulations emphasize the importance of efficiency in handling claims, preventing insurers from imposing repetitive requests that do not add value to the investigation or resolution of claims. This facilitates a smoother experience for the claimant and aligns with the overall goal of protecting consumers in insurance matters.