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Are third party administrators (TPAs) and managing general agents (MGAs) subject to the regulation?

April 26, 2017administrators agents managing MGA party regulation Subject TPA

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Are third party administrators (TPAs) and managing general agents (MGAs) subject to the regulation?

1 Answer

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10 Posted

Yes. TPA’s and MGA’s are subject to the regulation to the same extent as any other licensee of the Department. They are not exempted specifically from the purview of the financial privacy regulation.