New York A03741 amends insurance law to address claims for loss or damage to real property and establish continuing education requirements for.

New York A03741 amends the insurance law to specify that insurers may not require repairs to be completed by a particular entity or individual unless otherwise prescribed within the insurance policy. It also allows insurers, third-party administrators, independent adjusters, or public adjusters to recommend or suggest repairs by a particular entity or individual, provided they disclose any financial interest. The bill creates continuing education requirements for licensed persons and qualifications for public and independent adjusters.

New York A03741 amends insurance law to address claims for loss or damage to real property and establish continuing education requirements for.

New York A03741 amends the insurance law to specify that insurers may not require repairs to be completed by a particular entity or individual unless otherwise prescribed within the insurance policy. It also allows insurers, third-party administrators, independent adjusters, or public adjusters to recommend or suggest repairs by a particular entity or individual, provided they disclose any financial interest. The bill creates continuing education requirements for licensed persons and qualifications for public and independent adjusters.