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ARIZONA HOUSE OF REPRESENTATIVESFifty-fourth Legislature Second Regular Session |
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SB 1090: insurance adjusters; claims certificate
Sponsor: Senator Livingston, LD 22
House Engrossed
Overview
Waives the
examination requirement for adjuster license applicants who hold a claims certificate
that meets outlined criteria.
Adjuster is defined to include any person who adjusts, investigates or negotiates settlement of claims concerning property and casualty contracts on behalf of either the insured or the insurer, for compensation, fee or commission (A.R.S. § 20-321).
To be licensed as an Adjuster, a person must take and pass an examination that is given by or under the supervision of the Director of the Department of Insurance (DOI) and that reasonably tests the applicant's knowledge of insurance and legal responsibilities (A.R.S. § 20-321.01).
Provisions
1. Excludes from the definition of an adjuster an employee of a third-party administrator or self-insured employer who adjusts, investigates or negotiates settlement of only workers' compensations claims. (Sec. 1)
2. Removes the requirement for an adjuster license applicant to take and pass a DOI examination if the applicant holds a national or state-based claims certificate that consists of at least 40 hours of preexamination course work, a proctored examination of sufficient length to adequately determine the competency of the applicant and at least 24 hours of continuing education required for certification renewals on a biennial basis. (Sec. 2)
3. Makes technical and conforming changes. (Sec. 1, 2)
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SB 1090
Initials JR/LB Page 0 House Engrossed
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