Oklahoma § 36-6717 - Qualifications for travel administrators

§ 36-6717. Qualifications for travel administrators

A. Notwithstanding any other provisions of law, no person shall

act or represent itself as a travel administrator for travel

insurance in this state unless that person:

1. Is a licensed property and casualty insurance producer in

this state for activities permitted under that producer license;

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

or

Oklahoma Statutes - Title 36. Insurance

3. Holds a valid third-party administrator license in this

state.

B. A travel administrator and its employees are exempt from the

licensing requirements of the Insurance Adjuster Licensing Act,

Sections 6201 et seq. of this title, for travel insurance it

administers.

C. An insurer is responsible for the acts of a travel

administrator managing travel insurance underwritten by the insurer,

and is responsible for ensuring that the travel administrator

maintains all books and records relevant to the insurer, to be made

available by the travel administrator to the Insurance Commissioner

upon request.

Added by Laws 2018, c. 159, § 9, eff. Nov. 1, 2018. Amended by Laws

2021, c. 84, § 6, eff. Nov. 1, 2021.