The insurance commissioner shall have the authority to promulgate all reasonable rules and regulations necessary to effect and to enforce the purposes and provisions of this chapter. Included within this authority is the power to set standards for public adjuster fees, the terms of the contract between a public adjuster and a consumer, and requirements for escrow accounts held by public adjusters for funds held on behalf of others.
History of Section.
P.L. 1978, ch. 123, § 2; P.L. 1985, ch. 169, §§ 4, 5; P.L. 2014, ch. 107, § 1; P.L. 2014, ch. 195, § 1.