(a) If an insurer or other person utilizes the services of a third-party administrator, the payment of any premiums or charges by or on behalf of an insured to the third-party administrator shall be deemed to have been received by the insurer or other person utilizing the services of the third-party administrator.
(b) Return premium payments or claim payments forwarded by the insurer or other person utilizing the services of the third-party administrator to the third-party administrator shall not be deemed to have been paid to the insured or claimant until such payments are received by such insured or claimant.
(c) Nothing in this section shall limit any right of an insurer or other person utilizing the services of a third-party administrator to bring a cause of action arising from the failure of such third-party administrator to make payments to the insurer, other person utilizing the services of the third-party administrator, insureds or claimants.
(P.A. 11-58, S. 22.)
Structure Connecticut General Statutes
Chapter 701a - Insurance Producers, Agents and Third-Party Administrators
Section 38a-702. (Formerly Sec. 38-69). - Definitions.
Section 38a-702a. - Definitions.
Section 38a-702b. - Producer license required.
Section 38a-702c. - Exceptions to licensing requirement.
Section 38a-702d. - Examinations. Fees.
Section 38a-702g. - Nonresident licenses.
Section 38a-702i. - Notice to commissioner re use of assumed name.
Section 38a-702j. - Temporary producer licenses.
Section 38a-702k. - Denial, nonrenewal or revocation of producer licenses. Hearings. Penalties.
Section 38a-702l. - Producer commissions.
Section 38a-702m. - Agent appointments. Fees.
Section 38a-702n. - Reciprocity.
Section 38a-702p. - Regulations.
Section 38a-702q. - Applicability of provisions.
Section 38a-702r. - Construction. Provisions not applicable to bail bond or title insurance.
Section 38a-702s. - Additional grounds for denial of producer licenses.
Section 38a-704. (Formerly Sec. 38-71). - Penalty for acting as insurance producer without license.
Section 38a-705. (Formerly Sec. 38-73). - Exemption of fraternal benefit societies.
Section 38a-706. (Formerly Sec. 38-75). - Sharing commission.
Section 38a-707a. - Producer compensation. Disclosure and customer acknowledgment.
Section 38a-709. (Formerly Sec. 38-76b). - Termination of producer's appointment and contract.
Section 38a-711. (Formerly Sec. 38-92). - Payment of commissions to unlicensed persons.
Section 38a-715. (Formerly Sec. 38-90a). - Payment by insured to producer as payment to company.
Section 38a-716. (Formerly Sec. 38-90b). - Premium advancing by producer. Cancellation of policy.
Section 38a-717. (Formerly Sec. 38-91). - Payment of commissions to producers.
Section 38a-720. - Definitions.
Section 38a-720a. - License. Exemptions. Written agreement required.
Section 38a-720b. - Payments of premiums or charges to a third-party administrator.
Section 38a-720d. - Advertising.
Section 38a-720f. - Collection of premiums or charges. Payment of claims.
Section 38a-720g. - Compensation prohibitions.
Section 38a-720h. - Disclosures.
Section 38a-720i. - Delivery of written communications to insureds.
Section 38a-720l. - License renewal filing.