Farber v. Idaho State Insurance Fund

HORTON, Justice.

Randolph Farber, Scott Becker, and Critter Clinic (hereinafter “Farber”) represent the plaintiffs in this class action lawsuit. Farber alleges that the Manager of the State Insurance Fund (“SIF” or “the Fund”) failed to comply with I.C. § 72-915, which provides the means by which the SIF Manager may distribute a dividend to policyholders. The district court determined that the gravamen of Farber’s claim sounded in statute and held that the three-year statute of limitation provided by I.C. § 5-218(1) barred all claims that accrued prior to July 21, 2003. Farber timely appealed.…