US Laws, Codes, Statutes & Cases

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 9
                           INSURANCE ADMINISTRATORS
    41-901.  DEFINITION. In this chapter, unless the context otherwise
requires, "administrator" means any person who collects charges or premiums
from, or who adjusts or settles claims on, residents of this state in
connection with life or health insurance coverage or annuities other than any
of the following:
    (1)  An employer on behalf of such employer's employees or the employees
of one or more subsidiary or affiliated corporations of such employer.
    (2)  A union on behalf of its members.
    (3)  An insurance company which is either authorized to transact insurance
in this state or acting as an insurer with respect to a policy lawfully issued
and delivered by such company in and pursuant to the laws of a state in which
the insurer was authorized to transact an insurance business, or a hospital,
medical, dental or optometric service corporation or a health care service
organization, including their sales representatives, possessing a valid
certificate of authority in this state when engaged in the performance of
their duties.
    (4)  A life or disability agent or broker licensed in this state, whose
activities are limited exclusively to the sale of insurance.
    (5)  A creditor on behalf of such creditor's debtors with respect to
insurance covering a debt between the creditor and its debtors.
    (6)  A trust, its trustees, agents and employees acting pursuant to such
trust, established in conformity with 29 U.S.C. 186.
    (7)  A trust exempt from taxation under section 501(a) of the internal
revenue code, its trustees, and employees acting pursuant to such trust, or a
custodian, its agents and employees acting pursuant to a custodian account
which meets the requirements of section 401(f) of the internal revenue code.
    (8)  A financial institution which is subject to supervision or
examination by federal or state banking authorities.
    (9)  A credit card issuing company which advances for and collects
premiums or charges from its credit card holders who have authorized such
collection, if such company does not adjust or settle claims.
    (10)  A person who adjusts or settles claims in the normal course of such
person's practice or employment as an attorney-at-law, and who does not
collect charges or premiums in connection with life or health insurance
coverage or annuities.
    (11)  A person, firm, association or corporation acting in the capacity of
a managing general agent pursuant to the definition provided in section
41-1502(3) and (4), Idaho Code.