INSURANCE REGULATION 43 INSURANCE CLAIM ADJUSTERS
230-RICR-20-50-4 INACTIVE RULE
|Title||230||Department of Business Regulation (includes the Office of the Health Insurance Commissioner)|
|Subchapter||50||Insurance producers and other non-insurer licensees|
|Part||4||INSURANCE REGULATION 43 INSURANCE CLAIM ADJUSTERS|
|Type of Filing||Amendment|
|Effective||01/01/2015 to 01/01/2015|
R.I. Gen. Laws. §§ 27-10-1 et seq and 42-14-17.
Purpose and Reason:
This Regulation shall apply to all persons who engage for compensation in investigating, negotiating or settling property & casualty or workers compensation adjustments of insurance claims. Unlicensed persons may not or who advertise, hold themselves out as or solicit the adjustment of insurance claims. This includes company adjusters, independent adjusters and public adjusters. The purpose of this Regulation is to establish standards and procedures for the issuance of insurance claim adjuster licenses and to govern the conduct of insurance claim adjusters.