Sec. 1.5. A public adjuster shall not:

(1) file an insurance claim with:

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Terms Used In Indiana Code 27-1-27-1.5

  • Insurance: means a contract of insurance or an agreement by which one (1) party, for a consideration, promises to pay money or its equivalent or to do an act valuable to the insured upon the destruction, loss or injury of something in which the other party has a pecuniary interest, or in consideration of a price paid, adequate to the risk, becomes security to the other against loss by certain specified risks; to grant indemnity or security against loss for a consideration. See Indiana Code 27-1-2-3
  • insurer: means a company, firm, partnership, association, order, society or system making any kind or kinds of insurance and shall include associations operating as Lloyds, reciprocal or inter-insurers, or individual underwriters. See Indiana Code 27-1-2-3
  • person: includes individuals, corporations, associations, and partnerships; personal pronoun includes all genders; the singular includes the plural and the plural includes the singular. See Indiana Code 27-1-2-3
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(A) an insurer; or

(B) an agent, employee, or representative of an insurer;

on behalf of an insured person;

(2) act in any manner in relation to claims for personal injury or automobile liability;

(3) bind the insured in the settlement of claims; or

(4) perform:

(A) the role of a roofing contractor;

(B) the role of an appraiser; or

(C) any other role;

with respect to the subject of a claim at the same time that the public adjuster is providing advice or assistance to an insured in the adjustment of the claim.

As added by P.L.226-2023, SEC.4.