Tennessee Code 56-33-106 – Travel administrator for travel insurance

(a) Notwithstanding another provision of this title to the contrary, a person shall not act or represent themself as a travel administrator for travel insurance in this state unless that person:

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Terms Used In Tennessee Code 56-33-106

Commissioner: means the commissioner of commerce and insurance, or the commissioner's designee. See Tennessee Code 56-33-102
Person: means a business entity or a natural person. See Tennessee Code 56-33-102
Property: includes both personal and real property. See Tennessee Code 1-3-105
State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105

(1) Is a licensed property and casualty insurance producer or accident and health insurance producer in this state for activities permitted under that producer license;

(2) Holds a valid managing general agent (MGA) license in this state; or

(3) Holds a valid third-party administrator (TPA) license in this state.

(b)

(1) An insurer is responsible for:

(A) The acts of a travel administrator administering travel insurance underwritten by the insurer; and

(B) Ensuring that the travel administrator maintains all books and records relevant to the insurer.

(2) The travel administrator must make the books and records relevant to an insurer available to the commissioner upon request.

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