TITLE 41

INSURANCE

CHAPTER 58

PUBLIC ADJUSTER LICENSING ACT

41-5806.  License qualifications. (1) Before issuing a public adjuster license to an applicant under this section, the department shall find that the applicant:

(a)  Is at least eighteen (18) years of age;

(b)  Is eligible to designate this state as his or her home state or is a nonresident who is eligible for a license under section 41-5809, Idaho Code;

(c)  Has successfully passed the public adjuster examination;

(d)  Has not committed any act that is a ground for denial, suspension or revocation of a license as set forth in section 41-5811, Idaho Code;

(e)  Is trustworthy, reliable, and of good reputation, evidence of which may be determined by the department;

(f)  Is financially responsible to exercise the license and has provided proof of financial responsibility as required in section 41-5812, Idaho Code;

(g)  Has paid the fees set forth by rule adopted pursuant to section 41-401, Idaho Code; and

(h)  Maintains an office in the home state of residence with public access by reasonable appointment and/or regular business hours. This includes a designated office within a home state of residence.

(2)  In addition to satisfying the requirements of subsection (1), when applicable, a business entity shall:

(a)  Designate a licensed individual public adjuster responsible for the business entity’s compliance with the insurance laws and rules of this state;

(b)  Designate only licensed individual public adjusters to exercise the business entity’s license; and

(c)  The department may require any documents reasonably necessary to verify the information contained in the application.

History:

[41-5806, added 2008, ch. 179, sec. 1, p. 534.]