41-903 — ADMINISTRATOR AS INTERMEDIARY BETWEEN INSURER AND INSURED -- RIGHT OF ACTION PRESERVED
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TITLE 41
INSURANCE
CHAPTER 9
INSURANCE ADMINISTRATORS
41-903. ADMINISTRATOR AS INTERMEDIARY BETWEEN INSURER AND INSURED --
RIGHT OF ACTION PRESERVED. If an insurer utilizes the services of an
administrator under the terms of a written agreement as required in section
41-902, Idaho Code, the payment to the administrator of any premiums or
charges for insurance by or on behalf of the insured shall be deemed to have
been received by the insurer, and the payment of return premiums or claims by
the insurer to the administrator shall not be deemed payment to the insured or
claimant until such payments are received by the insured or claimant. Nothing
in this chapter shall limit any right of the insurer against the administrator
resulting from such administrator's failure to make payments to the insurer,
insured or claimants.