1. Issuance of license. The superintendent may not issue, continue or permit to exist any license as an adjuster, except in compliance with this chapter or unless the person meets the requirements of subsection 2.

[PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Maine Revised Statutes Title 24-A Sec. 1472

  • Adjuster: means any individual who, as an independent contractor or as an employee of an independent contractor, or as an employee of another organization, for fee, commission or other compensation, investigates for, settles on behalf of and reports to an insurer, fraternal benefit society, workers' compensation self-insurer or insured relative to claims arising under the workers' compensation laws or other types of insurance contracts. See Maine Revised Statutes Title 24-A Sec. 1402
  • License: means a document issued by the superintendent authorizing a person to act as an insurance producer, adjuster or consultant for kinds of insurance specified in the document as authorized in this chapter. See Maine Revised Statutes Title 24-A Sec. 1402
2. Qualifications. In order to be licensed as an insurance adjuster, a person:
A. Must be at least 18 years of age; [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]
B. Must be competent, trustworthy, financially responsible, and of good personal and business reputation; and [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]
C. Must pass any written examination required for the license under subchapter 2 or maintain federal crop insurance certification in the case of multiple peril crop insurance adjusters who established license qualification through such certification. [PL 2009, c. 511, Pt. C, §6 (AMD).]

[PL 2009, c. 511, Pt. C, §6 (AMD).]

SECTION HISTORY

PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF). PL 1997, c. 592, §42 (AMD). PL 2001, c. 259, §44 (AMD). PL 2009, c. 511, Pt. C, §6 (AMD).