The Public Adjuster Does
Most states license and regulate public insurance adjusters.
Their contracts are subject to approval by the insurance departments in the states in which they operate. The public adjuster contract is technically an assignment of policy proceeds due to the policyholder from the insurer.
The validity of a post-loss assignment was approved by the Pennsylvania Supreme Court in Egger v. Gulf Ins. Although this judgment did not involve a first party case, it applied law that has been adopted in other states.
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