Chapter 18 - Insurance Administrators and Managing General Agents.
- 83-18-1 - Definitions.
- 83-18-3 - License required to act as administrator; penalties; application; renewal of license; bonding requirements; revocation of license; fines; rules and regulations.
- 83-18-5 - Written agreement between administrator and insurer or employer; termination of agreement.
- 83-18-7 - Payments to administrator deemed received by insurer; payments to administrator not deemed paid to insured or claimant until received by insured or claimant.
- 83-18-9 - Record keeping requirements.
- 83-18-11 - Advertising by administrator.
- 83-18-13 - Responsibilities of insurer utilizing services of administrator.
- 83-18-15 - Administrator's duties as fiduciary for insurer.
- 83-18-17 - Administrator's compensation not to be contingent on claim experience.
- 83-18-19 - Disclosure requirements of administrator.
- 83-18-21 - Administrator to deliver written notices from insurer promptly.
- 83-18-23 - Certificate of authority required to act as administrator; application; additional requirements; exceptions.
- 83-18-25 - Waiver of application requirements where administrator certified in another state.
- 83-18-27 - Annual report of administrators.
- 83-18-29 - Suspension or revocation of certificate of authority; fine in lieu of suspension or revocation.
- 83-18-101 - Short title.
- 83-18-103 - Definitions.
- 83-18-105 - License required to act as managing general agent; bonding requirement; rules and regulations.
- 83-18-107 - Written contract required to place business with insurer; minimum contents of contract; claim files; termination or suspension of settlement authority; payment of interim profits to agent;
- 83-18-109 - Duties and responsibilities of insurer with respect to each managing general agent it does business with; acts of managing general agent considered acts of insurer.
- 83-18-111 - Penalties for violations; judicial review; rights of policyholders and others not restricted.