§33-46-4. Payment to administrator.
If an insurer uses the services of an administrator, the
payment to the administrator of any premiums or charges for
insurance by or on behalf of the insured party shall be considered
to have been received by the insurer and the payment of return
premiums or claim payments forwarded by the insurer to the
administrator shall not be considered to have been paid to the
insured party or claimant until the payments are received by the
insured party or claimant. Nothing in this section limits any
right of the insurer against the administrator resulting from the
failure of the administrator to make payments to the insurer,
insured parties or claimants.