SB208

Virginia SB208 regulates all-lines adjusters, requiring licenses, setting renewal and continuing education requirements, and establishing standards.

Virginia SB208 establishes regulations for all-lines adjusters, requiring them to obtain a license from the Virginia State Corporation Commission. The bill outlines the process for obtaining a license, including fingerprinting, background checks, and the submission of a bond. It mandates that all-lines adjusters complete continuing education courses every two years and sets forth grounds for the suspension, revocation, or refusal to renew a license. The bill also details standards of conduct for all-lines adjusters, including honesty, fairness, and compliance with privacy laws.