HB510 Alabama 2012 Session

Under existing law, insurance adjusters are defined to be representatives of the insurance company and not of the insured

This bill would provide for the licensing and regulation of public adjusters of insurance claims. This bill would state legislative intent to make Alabama's law substantially similar to the Public Adjuster Licensing Model Act developed by the National Association of Insurance Commissioners

Relating to insurance; to provide for the qualifications and procedures for the licensing of public adjusters; to provide definitions and exceptions to the licensing and registration requirements; to require public adjusters to take and pass a written examination, with exception; to provide for nonresident licensing; to require public adjusters to complete a minimum of 24 hours of continuing education on a biennial basis; to provide standards of conduct for public adjusters; to require public adjusters to report administrative action taken against them in other jurisdictions; to give the commissioner of insurance authority to promulgate rules necessary to administer and enforce this act; to authorize a delayed effective date for certain provisions; and to amend Section 27-4-2, Code of Alabama 1975, as amended by Act 2011-637, to provide license and application fees for public adjusters.