515K.6 Travel administrators. 1. Notwithstanding any provision of Title XIII, subtitle 1, to the contrary, a person shall not act as, or represent itself as, a travel administrator for travel insurance in this state unlessthe person meets at least one of the following requirements: a. The person is a licensed property and casualty insurance producer in this state.b. The person is in compliance with all laws and regulations that are applicable to managing general agents in this state. c. The person is in compliance with all laws and regulations that are applicable to third-party administrators in this state. 2. An insurer shall be responsible for the acts of a travel administrator administering travel insurance underwritten by the insurer, and for ensuring that the travel administratormaintains all records related to the insurer and makes the records available to thecommissioner upon request of the commissioner. 2022 Acts, ch 1035, §6 Sat Dec 23 00:49:45 2023 Iowa Code 2024, Section 515K.6 (1, 0)
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