Insurance 101 – Chapter 7 – Volume 28 – The Regulation of Public Adjusters

The Regulation of Public Adjusters

The California Court of Appeal concluded that the Legislature recognized that insureds would often be susceptible to exploitation in the wake of earthquakes, fires, floods, and similar catastrophes, and that consumers of public adjusting services needed protection. In addition to price gouging and collusion with contractors, the Public Adjusters Act was designed to protect California consumers from a number of other abuses including high-pressure sales tactics, fraud, and incompetence.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

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The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

 

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