INSURANCE REGULATION 43 INSURANCE CLAIM ADJUSTERS


230-RICR-20-50-4 INACTIVE RULE

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Title 230 Department of Business Regulation (includes the Office of the Health Insurance Commissioner)
Chapter 20 Insurance
Subchapter 50 Insurance producers and other non-insurer licensees
Part 4 INSURANCE REGULATION 43 INSURANCE CLAIM ADJUSTERS
Type of Filing Amendment
Regulation Status Inactive
Effective 01/01/2015 to 01/01/2015

Regulation Authority:

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.