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AZ HB2175
Bill
Status
4/23/2019
Primary Sponsor
Jeff Weninger
Click for details
AI Summary
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Amends Arizona insurance law to add "qualified marketplace platforms" and their contractors to exemptions from third-party administrator licensing requirements, allowing them to collect premiums on behalf of qualified marketplace contractors.
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Defines "qualified marketplace platform" as a digital website or app that facilitates services by contractors and accepts service requests only through digital channels, excluding transportation and delivery services.
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Adds qualified marketplace platforms as eligible groups for group disability insurance policies and blanket disability insurance policies, allowing coverage of contractors who execute written contracts with the platform.
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Modifies insurance administrator exemptions to clarify that licensed producers' employees working under supervision can perform collection duties if they do not adjust or settle claims.
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Makes technical corrections to insurance code language including grammar updates and clarification of existing exemptions for financial institutions, money transmitters, and credit card processing companies.
Legislative Description
Insurance; third-party administrators; exemptions
Qualifications
Last Action
Chapter 122
4/23/2019