Code of Massachusetts Regulations
211 CMR - DIVISION OF INSURANCE
Title 211 CMR 148.00 - Registration And Reporting Requirements For Third-party Administrators
Section 148.03 - Initial Registration and Annual Renewal of Registration
Current through Register 1531, September 27, 2024
(1) No Third-party Administrator shall do business in the Commonwealth prior to registering with the Division. Such registration shall be renewed on an annual basis no later than April 1st of each year and shall require the submission of the annual report described in 211 CMR 148.04.
(2) All Third-party Administrators shall register and renew registration with the Division in a form and method prescribed by the Commissioner. All registration and renewal of registration forms shall be completed in their entirety in order to be considered by the Division. Incomplete forms may not be considered and may be returned to the Third-party Administrator seeking to register in accordance with 211 CMR 148.00.
(3) All registration forms and renewal of registration forms shall include, but may not be limited to, the following information certified by an officer of the Third-party Administrator: A narrative description of the Third-party Administrator and its activities, including the identity of the state(s) in which it has been formed, headquartered and in which its operates, as well as a designated contact person for the Third-party Administrator, including said person's phone number, email and mailing address.