Chapter 120 |
2022 -- S 2739 Enacted 06/21/2022 |
A N A C T |
RELATING TO INSURANCE -- CLAIMS ADJUSTERS |
Introduced By: Senator Roger Picard |
Date Introduced: March 24, 2022 |
It is enacted by the General Assembly as follows: |
SECTION 1. Sections 27-10-6 and 27-10-7.1 of the General Laws in Chapter 27-10 entitled |
"Claim Adjusters" are hereby amended to read as follows: |
27-10-6. Examination. |
(a) The department shall subject the applicant to a written examination as to his or her |
competency to act as an insurance claim adjuster. The examination shall test the knowledge of the |
individual concerning the duties and responsibilities of an adjuster and the insurance laws and |
regulations of this state. |
(b) The department may make arrangements, including contracting with an outside testing |
service, for administering examinations and collecting a nonrefundable fee for the examination. |
(c) Each individual applying for an examination shall remit a non-refundable |
nonrefundable fee as prescribed by the department. |
(d) An individual who fails to appear for the examination as scheduled or fails to pass the |
examination shall reapply for an examination and remit all required fees and forms before being |
rescheduled for another examination. |
(e) The department may accept successful completion of an examination administered by |
a federal entity in substitute for a state examination for the crop line of authority for |
company/independent adjusters. |
(f) The department may also accept, in lieu of the written examination referred to in |
subsection (a) of this section, a certification issued by a national or state-based claims association |
with a program approved by the department, that includes a proctored exam of sufficient length |
and rigor to adequately determine the competence of the applicant and any other requirements set |
by the department of business regulation. |
27-10-7.1. Nonresident license reciprocity. |
(a) Unless denied licensure, a nonresident person shall receive a nonresident adjuster |
license if: |
(1) The person is currently licensed as a resident adjuster and is in good standing in his or |
her home state; |
(2) The person has submitted the proper request for licensure and has paid the fees required |
by ยง 27-10-3(a)(6); |
(3) The person has submitted or transmitted to the department the appropriate, completed |
application for licensure for the equivalent type of license and lines of authority; and |
(4) The person's home state awards nonresident adjuster licenses to residents of this state |
on the same basis. |
(b) The insurance commissioner may verify the adjuster's licensing status through the |
database maintained by the NAIC, its affiliates, or subsidiaries. |
(c) As a condition to continuation of an adjuster license issued under this section, the |
licensee shall maintain a resident adjuster license in his or her home state. The nonresident adjuster |
license issued under this section shall terminate and be surrendered immediately if the home state |
adjuster license terminates for any reason, unless the adjuster has been issued a license as a resident |
adjuster in his or her new home state. Notification to any state where a nonresident license is issued |
must be made as soon as possible, yet no later than thirty (30) days of change in new state resident |
license. The licensee shall include new and old addresses in the notification to the department. A |
new state resident license is required for nonresident licenses to remain valid. The new state resident |
license must have reciprocity with the licensing nonresident state(s) for the nonresident license not |
to terminate. |
(d) The department may grant a nonresident license to an adjuster that who holds a current |
certificate issued by a national or state based claims association with a program, approved by the |
department, that includes at a minimum, a proctored exam of sufficient length and rigor to |
adequately determine the competence of the applicant and any other requirements set by the |
department of business regulation. |
SECTION 2. This act shall take effect on January 1, 2023. |
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LC005623 |
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