402-B:1 Prohibition. – It is unlawful for any person, whether as agent or employee, to act directly or indirectly, as an insurance claims adjuster in this state for any insurance company unless licensed as provided in this chapter. Source. 1969, 218:1, eff. Aug. 5, 1969.
402-B:10 Repealed by 1971, 244:19, VII, eff. Aug. 17, 1971. –
402-B:10-a Expiration. – An insurance adjuster license shall remain in effect unless revoked or suspended as long as the fee set forth in RSA 400-A:29 is paid and educational requirements for resident individual adjusters are met by the due date. Source. 1977, 232:3, eff. Aug. 14, 1977. 2019, 112:6, eff. Jan. 1, 2020.
402-B:11 Expedited License. – In the event of an emergency or disaster, the commissioner of insurance may, in his or her discretion, issue licenses to persons the commissioner determines are qualified. The fee for the expedited license shall be the same as that provided in RSA 402-B:8. Source. 1969, 218:1, eff. Aug. 5, 1969. […]
402-B:12 License Denial, Nonrenewal, or Revocation. – The commissioner may for good cause shown, after notice and hearing, deny, suspend, or revoke the insurance claims adjuster’s license of any holder or subject him or her to an administrative fine not to exceed $2,500 per violation or any combination of actions. Such hearing may be […]
402-B:13 Penalty. – Any person who shall act within this state as an insurance claims adjuster without being licensed as herein provided, or any licensee who in the course of his work as an insurance claims adjuster shall misrepresent his identity or the identity of his principal or employer, or who shall wrongfully divulge […]
402-B:2 Definitions; Exemption. – I. " Home state " means the District of Columbia and any state or territory of the United States in which an insurance claims adjuster maintains his or her principal place of residence or principal place of business and is licensed to act as an insurance claims adjuster. If such […]
402-B:3 Applications. – Applications for licenses as an insurance claims adjuster shall be made in writing to the commissioner of insurance on forms prescribed by him or her stating the age, domicile, line or lines of insurance for which the applicant desires a license, and the place of business of the individual applicant. The […]
402-B:4 Examination. – Except as hereinafter provided, the commissioner of insurance shall not issue an original claims adjuster’s license to any applicant therefor unless and until said applicant shall have satisfactorily passed a reasonable written examination, which shall be administered by the commissioner, shall be in such form as said commissioner shall prescribe and […]
402-B:5 Exceptions. – The commissioner shall waive the requirement of such examination in the following cases: I. Nonresident applicants who are licensed as insurance claims adjusters in the states in which they reside, or if no license is required in said states, then nonresident applicants who have engaged in the business of claims adjusting […]
402-B:5-a Continuing Education. – Every 2 years, at least 60 days prior to the renewal date of their license, persons holding an adjusters license shall be certified by the insurance department as having completed 24 hours of continuing education instruction. Of the 24 continuing education hours required, at least 3 hours shall consist of […]
402-B:6 Rules and Regulations. – The commissioner may make reasonable rules and regulations necessary to effect the purposes of this chapter. Source. 1969, 218:1, eff. Aug. 5, 1969.
402-B:7 License to Issue. – I. Upon satisfaction that such applicant is in all respects properly qualified and of good character, and that the granting of such license is not against the public interest, the commissioner shall, upon the payment of the required fee, issue said applicant an insurance claims adjuster’s license. II. Licensees […]
402-B:8 Fees. – The commissioner of insurance shall collect the following fees for use by the commissioner in administrating this title: I. For each original insurance claims adjuster’s license, as prescribed by RSA 400-A:29. II. For each renewal, as prescribed by RSA 400-A:29. III. An individual insurance adjuster who allows his or her license […]
402-B:9 Form of License, Display. – The insurance claims adjuster’s license shall be in such form and contain such identifying information concerning the licensee as the commissioner of insurance shall prescribe. The licensee shall exhibit said license to each person, whether an insured, a claimant, a witness, a potential witness or any other informant […]
