(a) Notwithstanding another provision of this title to the contrary, a person shall not act or represent themself as a travel administrator for travel insurance in this state unless that person: (1) Is a licensed property and casualty insurance producer or accident and health insurance producer in this state for activities permitted under that producer license; (2) Holds a valid managing general agent (MGA) license in this state; or (3) Holds a valid third-party administrator (TPA) license in this state. (b) (1) An insurer is responsible for: (A) The acts of a travel administrator administering travel insurance underwritten by the insurer; and (B) Ensuring that the travel administrator maintains all books and records relevant to the insurer. (2) The travel administrator must make the books and records relevant to an insurer available to the commissioner upon request. Acts 2022, ch. 703, § 6. (a) Notwithstanding another provision of this title to the contrary, a person shall not act or represent themself as a travel administrator for travel insurance in this state unless that person: (1) Is a licensed property and casualty insurance producer or accident and health insurance producer in this state for activities permitted under that producer license; (2) Holds a valid managing general agent (MGA) license in this state; or (3) Holds a valid third-party administrator (TPA) license in this state. (b) (1) An insurer is responsible for: (A) The acts of a travel administrator administering travel insurance underwritten by the insurer; and (B) Ensuring that the travel administrator maintains all books and records relevant to the insurer. (2) The travel administrator must make the books and records relevant to an insurer available to the commissioner upon request. Acts 2022, ch. 703, § 6. (a) Notwithstanding another provision of this title to the contrary, a person shall not act or represent themself as a travel administrator for travel insurance in this state unless that person: (1) Is a licensed property and casualty insurance producer or accident and health insurance producer in this state for activities permitted under that producer license; (2) Holds a valid managing general agent (MGA) license in this state; or (3) Holds a valid third-party administrator (TPA) license in this state. (b) (1) An insurer is responsible for: (A) The acts of a travel administrator administering travel insurance underwritten by the insurer; and (B) Ensuring that the travel administrator maintains all books and records relevant to the insurer. (2) The travel administrator must make the books and records relevant to an insurer available to the commissioner upon request. Acts 2022, ch. 703, § 6. (a) Notwithstanding another provision of this title to the contrary, a person shall not act or represent themself as a travel administrator for travel insurance in this state unless that person: (1) Is a licensed property and casualty insurance producer or accident and health insurance producer in this state for activities permitted under that producer license; (2) Holds a valid managing general agent (MGA) license in this state; or (3) Holds a valid third-party administrator (TPA) license in this state. (1) Is a licensed property and casualty insurance producer or accident and health insurance producer in this state for activities permitted under that producer license; (2) Holds a valid managing general agent (MGA) license in this state; or (3) Holds a valid third-party administrator (TPA) license in this state. (b) (1) An insurer is responsible for: (A) The acts of a travel administrator administering travel insurance underwritten by the insurer; and (B) Ensuring that the travel administrator maintains all books and records relevant to the insurer. (2) The travel administrator must make the books and records relevant to an insurer available to the commissioner upon request. (1) An insurer is responsible for: (A) The acts of a travel administrator administering travel insurance underwritten by the insurer; and (B) Ensuring that the travel administrator maintains all books and records relevant to the insurer. (A) The acts of a travel administrator administering travel insurance underwritten by the insurer; and (B) Ensuring that the travel administrator maintains all books and records relevant to the insurer. (2) The travel administrator must make the books and records relevant to an insurer available to the commissioner upon request. Acts 2022, ch. 703, § 6.
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