§ 48.111.055. Insurer issuing reimbursement insurance policy -- Contract provider is agent
(1) Home heating fuel service contract providers are the agent of the insurer that issued the reimbursement insurance policy for purposes of obligating the insurer to contract holders in accordance with the home heating fuel service contract and this chapter. Payment of the provider fee by the consumer to the home heating fuel service contract seller, contract provider, or administrator constitutes payment by the consumer to the home heating fuel service contract provider and to the insurer that issued the reimbursement insurance policy. In cases when a contract provider is acting as an administrator and enlists other contract providers, the contract provider acting as the administrator shall notify the insurer of the existence and identities of the other contract providers.
(2) This chapter does not prevent or limit the right of an insurer that issued a reimbursement insurance policy to seek indemnification or subrogation against a home heating fuel service contract provider if the issuer pays or is obligated to pay the contract holder sums that the contract provider was obligated to pay under the provisions of the home heating fuel service contract.
[2006 c 36 § 11.]
Sections: Previous 48.111.005 48.111.010 48.111.020 48.111.030 48.111.040 48.111.050 48.111.053 48.111.055 48.111.060 48.111.070 48.111.080 48.111.090 48.111.100 48.111.110 48.111.900 NextLast modified: April 7, 2009