Montana § 33-17-303 Public Adjuster Standards Of Conduct

Montana Statutes

§ 33-17-303 — Public Adjuster Standards Of Conduct

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 17 INSURANCE PRODUCERS, ADJUSTERS, CONSULTANTS, AND ADMINISTRATORS·Part 3 Adjusters

33-17-303 . Public adjuster standards of conduct. A public adjuster:

(1)is obligated to serve with objectivity and loyalty to the interest of the insured alone;

(2)may not solicit or attempt to solicit an insured during the progress of a loss-producing occurrence, as defined in the insured's insurance contract;

(3)may not permit an unlicensed employee or representative of the public adjuster to conduct business for which a license is required;

(4)may not acquire any interest in the salvage of property subject to the contract with the insured without written permission from the insured;

(5)shall abstain from referring or directing the insured to any person with whom the public adjuster has a financial interest unless disclosed to the insured pursuant to 33-17-302 (4).

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33-17-303 . Public adjuster standards of conduct. A public adjuster:
(1) is obligated to serve with objectivity and loyalty to the interest of the insured alone;
(2) may not solicit or attempt to solicit an insured during the progress of a loss-producing occurrence, as defined in the insured's insurance contract;
(3) may not permit an unlicensed employee or representative of the public adjuster to conduct business for which a license is required;
(4) may not acquire any interest in the salvage of property subject to the contract with the insured without written permission from the insured;
(5) shall abstain from referring or directing the insured to any person with whom the public adjuster has a financial interest unless disclosed to the insured pursuant to 33-17-302 (4).

Montana § 33-17-303 (Public Adjuster Standards Of Conduct) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.