Section 72C.02 — Purpose.
72C.02 PURPOSE. The purpose of sections 72C.01 to 72C.13 is to provide that insurance policies and contracts be readable and understandable to a person of average intelligence, experience, and education. All insurers shall be required by sections 72C.01 to 72C.13 to use policy and contract forms which are written in simple and commonly used language, […]
Section 72C.03 — Scope.
72C.03 SCOPE. Except as otherwise specifically provided, sections 72C.01 to 72C.13 shall apply to all policies or contracts of direct insurance, issued by persons authorized at any time to transact insurance in this state and including nonprofit health service plan corporations under chapter 62C, health maintenance organizations under chapter 62D, and fraternal benefit societies under […]
Section 72B.08 — Denial, Suspension And Revocation Of Licenses.
72B.08 DENIAL, SUSPENSION AND REVOCATION OF LICENSES. Subdivision 1. Causes. The commissioner may place on probation, suspend, revoke, or refuse to issue or renew an adjuster’s license or temporary permit or may levy a civil penalty according to section 45.027, subdivision 6, or any combination of the above actions for any of the following causes: […]
Section 72B.091 — Damage Appraisals; Adjustments; Duties Of Appraisers, Adjusters, And Insurers.
72B.091 DAMAGE APPRAISALS; ADJUSTMENTS; DUTIES OF APPRAISERS, ADJUSTERS, AND INSURERS. Subdivision 1. Appraiser’s identification. Each appraiser while engaged in appraisal duties shall carry appraiser identification and shall display it upon request to an owner whose vehicle is being inspected, to the repair shop representative involved, or to any commissioner of commerce’s representative. Subd. 2. Appraisal; […]
Section 72B.092 — Motor Vehicle Insurance Adjustments; Prohibitions.
72B.092 MOTOR VEHICLE INSURANCE ADJUSTMENTS; PROHIBITIONS. Subdivision 1. Prohibitions on insurer. No adjuster or insurer, director, officer, broker, agent, attorney-in-fact, employee, or other representative of an insurer shall in collision cases: (1) limit the freedom of an insured or claimant to choose the shop; (2) require that an insured or claimant present the claim or […]
Section 72B.10 — Staff Adjusters.
72B.10 STAFF ADJUSTERS. A staff adjuster who adjusts losses or claims in this state shall not be subject to the application, licensing, or examination requirements or other qualifications set forth in sections 72B.01 to 72B.136. Such a staff adjuster shall not, however, engage in any of the practices forbidden to a licensee under section 72B.08, […]
Section 72B.105 — Records Of Independent Adjusters To Be Retained.
72B.105 RECORDS OF INDEPENDENT ADJUSTERS TO BE RETAINED. An independent adjuster must maintain a copy of each contract between the independent adjuster and the insurer or self-insurer and comply with the record retention policy as agreed to in that contract. History: 2009 c 63 s 52,78
Section 72B.106 — Standards Of Conduct Of Independent Adjusters.
72B.106 STANDARDS OF CONDUCT OF INDEPENDENT ADJUSTERS. (a) An independent adjuster must be honest and fair in all communications with the insured, the insurer, and the public. (b) An independent adjuster must give policyholders and claimants prompt, knowledgeable service and courteous, fair, and objective treatment at all times. (c) An independent adjuster must not give […]
Section 72B.107 — Reporting Of Actions Of Adjuster.
72B.107 REPORTING OF ACTIONS OF ADJUSTER. (a) An adjuster must report to the commissioner any administrative action taken against the adjuster in another jurisdiction or by another governmental agency in this state within 30 days of the final disposition of the matter. The report must include a copy of the order or consent order and […]
Section 72B.11 — Production Of Records.
72B.11 PRODUCTION OF RECORDS. The commissioner may, by order, require any licensee or permit holder to produce any records relating to activities under that person’s license or permit, and may examine persons under oath to determine questions arising under a person’s status as a licensee or permit holder. History: 1971 c 704 s 11; 1986 […]