Activities of insurance adjusters

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§1476. Activities of insurance adjusters

The following requirements govern the activities of insurance adjusters.   [PL 1997, c. 592, §43 (NEW).]

1.  Solicitation.  An adjuster seeking to provide adjusting services to an insured for a fee to be paid by the insured may not offer an adjustment services contract to any person for at least 36 hours after an accident or occurrence as a result of which the person might have a potential claim.  

[PL 2019, c. 382, §3 (AMD).]

2.  Contract provision.  Any such adjustment services contract must contain a provision, prominently printed on the first page of the contract, stating that the person contracting with the adjuster has the option to rescind the contract within 2 business days after the contract is signed.  

[PL 1997, c. 592, §43 (NEW).]

SECTION HISTORY

PL 1997, c. 592, §43 (NEW). PL 2019, c. 382, §3 (AMD).


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