A. Notwithstanding any other provision of this title, a person may not act or represent itself as travel administrator for travel insurance in this state unless that person either:

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1. Is a licensed property and casualty insurance producer in this state for activities allowed under that producer license.

2. Holds a valid managing general agent license in this state.

B. A travel administrator and its employees are exempt from the licensing requirements of chapter 2, article 3.2 of this title for travel insurance it administers.

C. An insurer that underwrites travel insurance is responsible for the acts of the travel administrator administering that travel insurance, ensuring that the travel administrator maintains all books and records relevant to the insurer and ensuring that the travel administrator makes the books and records available to the director on request.