CHAPTER 5A. Administrators [1759. - 1759.10.]

Chapter 5A added by Stats. 1977, Ch. 998.

§§ 1759–1759.10 · 11 sections

• § 1759 For purposes of this chapter, “administrator” means any person who collects any charge or premium from, or who adjusts or settles claims on, residents of this…
• § 1759.1 No administrator shall act as such without a written agreement between the administrator and the insurer, and such written agreement shall be retained as part…
• § 1759.2 Whenever an insurer utilizes the services of an administrator under the terms of a written contract as required in Section 1759.1, the payment to the…
• § 1759.3 (a) Every administrator shall maintain at its principal administrative office for the duration of the written agreement referred to in Section 1759.1 and five…
• § 1759.4 An administrator may use only such advertising pertaining to the business underwritten by an insurer as has been approved by such insurer in advance of its use.
• § 1759.5 The agreement shall make provision with respect to the underwriting or other standards pertaining to the business underwritten by such insurer.
• § 1759.6 All insurance charges or premiums collected by an administrator on behalf of or for an insurer or insurers, and return premiums received from such insurer or…
• § 1759.7 All claims paid by the administrator from funds collected on behalf of the insurer shall be paid only on checks or drafts of, or, with the consent of the…
• § 1759.8 With respect to any policies where an administrator adjusts or settles claims, the compensation to the administrator with regard to such policies shall in no…
• § 1759.9 Where the services of an administrator are utilized, the administrator shall provide a written notice approved by the insurer, to insured individuals, advising…
• § 1759.10 A person shall not act as, or hold himself or herself out to be, an administrator in this state, other than an adjuster licensed in this state for the kinds of…