IDAPA 18.03.03.016
Foreign Insurers
If the law or rule in the place of domicile of a foreign insurer provides a degree of protection to the policyholders and the public which is substantially equal to that provided by these rules, the Director, at their discretion, may consider compliance with such law or rule as compliance with these rules. (3-31-22) 017. -- 999. (RESERVED).