Insurance 101 – Chapter 7 – Volume 29 – The Regulation of Public Adjusters – 2

The Regulation of Public Adjusters – 2

To ensure accountability and compliance with professional standards already in place for adjusters employed by the insurers, the statutes included the licensure requirement as a part of the statutory scheme. In light of the consumer protection goals of the statute as a whole, courts must infer that the licensure requirement was aimed at any firm that might potentially exploit insureds in a vulnerable position by offering to help them through the insurance claim ordeal. It is not important that the services are characterized as litigation support and assistance rather than claims services.

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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