West Virginia HB5392 establishes the Public Adjuster Professional Standards Reform Act.

West Virginia HB5392, the Public Adjuster Professional Standards Reform Act, sets forth requirements for public adjusters in the state. The bill mandates that public adjusters must be licensed and outlines the application process for licensure. It details the terms that must be included in contracts between public adjusters and insureds, including compensation provisions. The bill also specifies the rights of insureds, such as the right to rescind a contract within three business days.

West Virginia HB5392 establishes the Public Adjuster Professional Standards Reform Act.

West Virginia HB5392, the Public Adjuster Professional Standards Reform Act, sets forth requirements for public adjusters in the state. The bill mandates that public adjusters must be licensed and outlines the application process for licensure. It details the terms that must be included in contracts between public adjusters and insureds, including compensation provisions. The bill also specifies the rights of insureds, such as the right to rescind a contract within three business days.