Pennsylvania HB1972 amends the Public Adjuster Licensing Law to redefine public adjuster roles, set fee limits, and establish stricter licensing and.
Pennsylvania HB1972 amends the Public Adjuster Licensing Law to redefine public adjuster roles, including clarifying that public adjusters are independent and not representatives of insurers. It sets fee limits at 10% for catastrophic claims and 15% for other claims. The bill also establishes stricter licensing and reporting requirements, including mandatory written contracts, pre-contract disclosures, and bond conditions. Public adjusters must report criminal charges within 30 days and provide detailed disclosures to insureds.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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