What are the requirements for TPAs collecting for more than one insurer or client?
The TPA must place the funds in a separate account for each insurer or client in a fiduciary capacity.

Third-Party Administrators

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1. Are payments made to third-party administrators (TPAs) from policyholders considered received?
2. How long does a TPA required to preserve its records?
3. What are the requirements for TPAs collecting for more than one insurer or client?
4. Can a TPA pay claims from premiums collected?
5. How are TPAs compensated for services rendered?
6. Do TPAs have additional requirements when they contract with an insurer?