Notwithstanding any other provision of this title or any rule adopted by the commissioner,
a specialty license holder is not required to treat as money received in a fiduciary
capacity premiums collected from a consumer who purchases insurance coverage when
completing a consumer transaction associated with the coverage if:
(1) the insurer represented by the license holder has consented in writing, signed
by an officer of the insurer, that premiums are not required to be segregated from
money received by the license holder because of the consumer transaction associated
with the insurance coverage; and
(2) the charges for insurance coverage are itemized but not billed to the consumer
separately from the charges for the associated consumer transaction.
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