R.S. 22:1648

Administrator; compensation ACTIVE

A. An administrator shall not enter into any agreement or understanding with an insurer in which the effect is to make the amount of the administrator's commissions, fees, or charges contingent upon savings effected in the adjustment, settlement, and payment of losses covered by the insurer's obligations. This provision shall not prohibit an administrator from receiving performance-based compensation for providing hospital or other auditing services.

B. This Section shall not prevent the compensation of an administrator from being based on premiums or charges collected or the number of claims paid or processed.

Actions

References

None.

Cited by

None.

History

  • enactment Acts 1993, No. 144, §1

Section navigation

Cite R.S. 22:1648

Bluebook
La. Rev. Stat. Ann. § 22:1648 (2026).
Permalink
https://theusufruct.com/rs/title-22/section-1648
BibTeX
@misc{larevstat-22-1648,
  title        = {La. Rev. Stat. Ann. § 22:1648},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-22/section-1648},
  note         = {Snapshot 2026-05-22}
}