§ 27-1-28-11 — Temporary emergency independent adjuster licensure

Indiana § 27-1-28-11

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 1: DEPARTMENT OF INSURANCE
• Ch. 28: Independent Adjuster Licensing

Text

(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.

Legislative History

As added by P.L.11-2011, SEC.22. Amended by P.L.148-2017, SEC.5.