State Insurance Laws: State-specific regulations governing public adjuster operations, including licensing requirements, fee limitations, and contract cancellation provisions. Each state has its own unique set of requirements.
State Insurance Codes: Specific requirements for contract format, including mandatory disclosures, cooling-off periods, specific language requirements, and formatting specifications such as font size.
Consumer Protection Laws: Federal and state regulations protecting consumer interests, including truth in advertising requirements and fair business practice standards.
NAIC Model Laws: Guidelines from the National Association of Insurance Commissioners, including the Model Public Adjuster Licensing Act and professional standards for public adjusters.
Federal Laws: Overarching federal regulations including Fair Labor Standards Act, anti-fraud provisions, and privacy laws such as the Gramm-Leach-Bliley Act (GLBA).
Professional Standards: Industry standards and requirements set by professional organizations such as the National Association of Public Insurance Adjusters (NAPIA) and state public adjuster associations.
Fee Regulations: State-specific regulations governing maximum allowable fee percentages and fee structure requirements for public adjuster services.
Contract Provisions: Mandatory contract elements and provisions required by state law, including specific clauses, disclosures, and terms that must be included in the agreement.
Cancellation Rights: Legal requirements regarding contract cancellation, including mandatory cooling-off periods and specific procedures for contract termination.
Prohibited Practices: Specific actions and practices that are prohibited by law or regulation in the public adjusting industry, including restrictions on solicitation and representation.
