Sec. 11. (a) If a catastrophe is declared, an insurer may contract with an individual who:
(1) is not licensed under this chapter; but
(2) is otherwise qualified to adjust claims;
to act as a temporary emergency independent adjuster on behalf of the insurer if the insurer obtains for the individual a temporary emergency independent adjuster license under this section.
(b) An insurer described in subsection (a) must, not more than five (5) days after the individual begins to adjust claims arising from the declared catastrophe, submit to the commissioner an application for temporary emergency licensure of the individual under this section.
(c) An application submitted under subsection (b) must include the following information in a format prescribed by the commissioner:
(1) The name of the individual.
(2) The name of the insurer.
(3) The effective date of the contract between the insurer and the individual.
(4) The catastrophe or loss number.
(5) The catastrophe event name.
(6) Other information the commissioner considers necessary.
(d) The commissioner shall establish standards and procedures for temporary emergency independent adjuster licensure under this section.
(e) A temporary emergency independent adjuster license issued under this section is effective for not more than ninety (90) days, unless extended by the commissioner. In the event of multiple catastrophes, an individual who holds a temporary emergency independent adjuster license issued under this section with respect to one (1) declared catastrophe may adjust claims arising from any other catastrophe that occurs within the ninety (90) day period during which the license is effective under this subsection without the insurer applying for an additional temporary emergency independent adjuster license.
(f) The rules adopted by the commissioner under section 2 of this chapter may establish a fee for an application submitted under this section.
As added by P.L.11-2011, SEC.22. Amended by P.L.148-2017, SEC.5.