Section 41-5821 – SEVERABILITY.
41-5821. SEVERABILITY. If any provisions of this chapter, or the application of a provision to any persons or circumstances, shall be held invalid, the remainder of the chapter, and the application of the provision to persons or circumstances other than those to which it is held invalid, shall not be affected. History: [41-5821, added 2008, […]
Section 41-5808 – EXEMPTIONS FROM EXAMINATION.
41-5808. EXEMPTIONS FROM EXAMINATION. (1) An individual who applies for a public adjuster license in this state who was previously licensed as a public adjuster in another state based on a public adjuster examination shall not be required to complete any prelicensing examination. This exemption is only available if the person is currently licensed in […]
Section 41-5809 – NONRESIDENT LICENSE RECIPROCITY.
41-5809. NONRESIDENT LICENSE RECIPROCITY. (1) Unless denied licensure pursuant to sections 41-5810 or 41-5811, Idaho Code, a nonresident person shall receive a nonresident public adjuster license if: (a) The person is currently licensed as a resident public adjuster and in good standing in his or her home state; (b) The person has submitted the proper […]
Section 41-5810 – LICENSE.
41-5810. LICENSE. (1) Unless denied licensure under this chapter, persons who have met the requirements of this chapter shall be issued a public adjuster license. (2) A public adjuster license shall remain in effect unless revoked, terminated or suspended as long as the request for renewal and the fee set forth in the rule promulgated […]
Section 41-5811 – LICENSE DENIAL, NONRENEWAL OR REVOCATION.
41-5811. LICENSE DENIAL, NONRENEWAL OR REVOCATION. (1) The department may place on probation, suspend, revoke or refuse to issue or renew a public adjuster’s license or may levy a civil penalty in accordance with section 41-1016, Idaho Code, or any combination of actions, for any one (1) or more of the following causes: (a) Providing […]
Section 41-5812 – BOND OR LETTER OF CREDIT.
41-5812. BOND OR LETTER OF CREDIT. Prior to issuance of a license as a public adjuster and for the duration of the license, the applicant shall secure evidence of financial responsibility in a format prescribed by the department through a security bond or irrevocable letter of credit. (1) A surety bond executed and issued by […]
Section 41-5813 – CONTINUING EDUCATION.
41-5813. CONTINUING EDUCATION. (1) An individual, who holds a public adjuster license and who is not exempt under subsection (2) of this section, shall satisfactorily complete a minimum of twenty-four (24) hours of continuing education courses, including three (3) hours of law or ethics, reported on a biennial basis in conjunction with the license renewal […]
Section 41-5814 – PUBLIC ADJUSTER FEES.
41-5814. PUBLIC ADJUSTER FEES. (1) A public adjuster shall not pay a commission, service fee or other valuable consideration to a person for investigating or settling claims in this state if that person is required to be licensed under this chapter and is not so licensed. (2) A person shall not accept a commission, service […]
Section 41-5815 – CONTRACT BETWEEN PUBLIC ADJUSTER AND INSURED.
41-5815. CONTRACT BETWEEN PUBLIC ADJUSTER AND INSURED. (1) Public adjusters shall ensure that all contracts for their services are in writing and contain the following terms: (a) Legible full name of the adjuster signing the contract, as specified in department records; (b) Permanent home state business address and phone number; (c) Department license number; (d) […]
Section 41-5816 – ESCROW OR TRUST ACCOUNTS.
41-5816. ESCROW OR TRUST ACCOUNTS. A public adjuster who receives, accepts or holds any funds on behalf of an insured, towards the settlement of a claim for loss or damage, shall deposit the funds in a noninterest bearing escrow or trust account in a financial institution that is insured by an agency of the federal […]