Payment of claim to public adjuster - Insured as joint payee.

Checkout our iOS App for a better way to browser and research.

No insurance company authorized to transact insurance in this state shall make payment of any insurance claim, or any portion of a claim, to a public adjuster on account of services rendered by a public adjuster to an insured unless the name of the insured is added as a joint payee on any claim check, draft or electronic payment. The payment, whether by check, draft, electronic payment or otherwise, shall be sent to the address or electronic mail address designated by the insured.

Added by Laws 1993, c. 248, § 5, eff. Sept. 1, 1993. Amended by Laws 2021, c. 478, § 31, emerg. eff. May 12, 2021.


Download our app to see the most-to-date content.