Loading chat...

AZ HB2175

Bill

Status

Passed

4/23/2019

Primary Sponsor

Jeff Weninger

Click for details

Origin

House of Representatives

Fifty-fourth Legislature - First Regular Session (2019)

AI Summary

  • 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.

  • 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.

  • 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.

  • 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.

  • 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

Full Bill Text

No bill text available