Bill > S2378

This bill establishes new requirements for obtaining and maintaining an insurance adjuster license in the Commonwealth. It allows the commissioner of insurance to access criminal offender record information and court activity record information for applicants to ensure they are suitable for licensure. The bill also mandates that applicants for an insurance adjuster license must submit a written application, a certified criminal background check, and pass a written examination covering building construction, insurance principles, and coverage. Licenses will be valid for three years and can be renewed for another three-year period upon payment of a fee and completion of 15 hours of approved continuing education, without requiring another exam. The commissioner will oversee the examination process and has the authority to suspend or revoke a license if an adjuster violates these provisions, with established procedures for administrative appeals.