23 CAR § 28-106. TPA registration not required

(a) The applicants or renewal applicants for the limited adjuster’s license shall not be: (1) Deemed to be “third-party administrators” (TPAs) under the provisions of Arkansas Code § 23-92-201 et seq.; or (2) Required to obtain the TPA registration from the Insurance Commissioner. (b) Third-party administrators registered or licensed by the commissioner shall not be required to obtain the limited adjuster’s license under the provisions of Acts 1997, No. 1004, or this part. (c) The licenses for limited adjusters and third-party administrators shall be deemed mutually exclusive by the State Insurance Department.