8. a. Notwithstanding any other provisions of Title 17 of the Revised Statutes or Title 17B of the New Jersey Statutes, no person shall act or represent itself as a travel administrator for travel insurance in this State unless that person:
(1) is a licensed property and casualty insurance producer in this state for activities permitted under that producer license; or
(2) holds a valid managing general agent license in this State.
b. An insurer is responsible for the acts of a travel administrator administering travel insurance underwritten by the insurer and is responsible for ensuring that the travel administrator maintains all books and records relevant to the insurer to be made available by the travel administrator to the commissioner upon request.