A new law written in the state of Idaho enacts the NAIC public adjuster model legislation. The new law, SB 1397, requires substantiation of financial dependability through a surety bond or letter of credit. The surety bond must be at least $20,000, and it has to approve the Department of Insurance to make recovery on behalf of any individual who suffers damages following erroneous acts, a failure to act, or conviction of unfair practices/fraud as a public adjuster. The sureties are allowed to terminate the surety bond with 30 days written notice to the Department and the licensee. SB 1397 was enacted on March 18th, 2008.