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Third Party Administrator Bonds |
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Alaska statutes 21.27.190, 21.27.530(5) and 21.27.790 may require a bond be filed if; you receive money as a Third Party Administrator. |
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Alaska |
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Third Party Administrator Bond Form in the amount of $25,000 is handled thru the insurance commissioner of the state of Arkansas. |
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Arkansas |
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Illinois Third Party Administrator Bond is required in Section 511.104 of the Illinois Insurance Code. For ATF, CASA, or both; $50,000 min or 5% of claims (CASA)/ 5% of Contributions and Premiums (ATF) not to exceed $1,000,000 |
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Illinois |
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Iowa Third Party Administrator Bond required by Iowa Administrative Code 191-58.5, has a $50,000 min or 10% of Administrator’s average client balance, not to exceed $1,000,000. Ask about the calculation worksheet. |
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Iowa |
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The Administrator Fidelity Bond of Georgia is filed in conjunction with Georgia application for a Third party Administrator License. |
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Georgia |
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Known as “Bond of Administrator” it is required by Title 41, Section 911 of the Idaho Insurance Code to secure performance as administrator. |
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Idaho |
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Here to Protect You and Your Team |
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TPA-ThirdPartyAdministrator.com Surety Bond, E&O and Fidelity Bond Source |
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In the Surety Bond File with the Louisiana Dept. of Insurance, If TPA, LRS 23:1196 applicable and $50,000 or $100,000 bond requirement. |
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Louisiana |
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Maine Third Party Administrator Bond is based on Maine Insurance Code, Title 24-1 M.R.S.A. 1901 through 1912 as amended. |
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Maine |
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Surety Bond for Third Party Payment Processors Mississippi Debt Management Services Act State of Mississippi. The Act 81-22-28(3), Miss Code Ann. |
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Mississippi |
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The State of Missouri Bond of Third Party Administrator is a $50,000 bond. The provision of the state code requiring the Bond is Section 376.1092, RSMo |
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Missouri |
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The Maryland Insurance Administration Third Party Administrator Surety Bond sets both the amount and requirement for this bond. |
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Maryland |
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The Minnesota Third Party Administrator bond is required by Minnesota Statutes 60A.23, Subdivision 8, as amended. |
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Minnesota |
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Nevada’s bond is known as Bond of Administrators as provided by NRS 683A(683A.0875). The bond amount is $100,000. |
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Nevada |
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The New Hampshire Department of Labor requires the Third Party Administrator Bond. See NH revised statutes annotated RSA 281-A:161. |
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New Hampshire |
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State of Oklahoma Third party Administrator’s Bond is required per Title 36 O.S. 1448. |
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Oklahoma |
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The South Carolina Insurance Administrator Bond in the amount of $75,000 is required by Act 133 of 1985, as amended. The act focuses on the administrators of Insurance benefit Plans. |
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South Carolina |
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The New York Third Party Bond is more unique in that it is sometimes bound to the City of New York or the State of New York |
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New York |
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Third Party Administrator for administrators of self-insured plans require a bond of $100,000 or 10% of the aggregate total administered ND plans |
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North Dakota |
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The Tennessee TPA Licensing Program requires proof of a Fidelity Bond with a minimum of $100,000. See licensing packet |
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Tennessee |
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Texas currently requires a Third-party Debt Collector Bond in the amount of $10,000 under provisions of Texas Finance Code 392.001 et seq. |
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Texas |
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The Wyoming Third party Administrators Bond is issued by the Wyoming Insurance Commissioner. |
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Wyoming |