South Carolina S0196 establishes licensing requirements for public insurance adjusters, including fees, examinations, and continuing education.

South Carolina S0196 adds Chapter 91 to Title 38, establishing licensing requirements for public insurance adjusters. It defines terms, sets licensure requirements, and outlines types of licenses. The bill requires public adjusters to pass an examination and meet continuing education requirements. It mandates that public adjusters maintain a bond or letter of credit and adhere to ethical standards. The bill also outlines grounds for license denial, suspension, or revocation, and sets penalties for violations. It repeals existing chapters related to insurance adjusters.

South Carolina S0196 establishes licensing requirements for public insurance adjusters, including fees, examinations, and continuing education.

South Carolina S0196 adds Chapter 91 to Title 38, establishing licensing requirements for public insurance adjusters. It defines terms, sets licensure requirements, and outlines types of licenses. The bill requires public adjusters to pass an examination and meet continuing education requirements. It mandates that public adjusters maintain a bond or letter of credit and adhere to ethical standards. The bill also outlines grounds for license denial, suspension, or revocation, and sets penalties for violations. It repeals existing chapters related to insurance adjusters.