New York S05322 amends insurance law to address claims for real property damage, establish continuing education for adjusters, and allow license.
New York S05322 amends the insurance law to prohibit insurers from mandating specific repair entities unless specified in the policy. It introduces continuing education requirements for licensed public and independent adjusters, stipulating that they must complete 15 credit hours of instruction every two years. The bill also allows for the use of accumulated credits from one licensing period to the next and mandates that instructors and course providers submit applications for approval. Licensees who fail to meet continuing education requirements are ineligible for license renewal.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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