West Virginia HB5521 establishes licensing, examination, and conduct requirements for public adjusters.

West Virginia HB5521 creates application, licensure, and examination requirements for public adjusters. It defines terms such as "public adjuster," "company adjuster," and "independent adjuster." The bill establishes standards of conduct for public adjusters, including ethical requirements and restrictions on compensation. It also sets forth contract requirements between public adjusters and insureds, including disclosure and rescission rights. The bill outlines procedures for license renewal, reinstatement, and reporting of actions by public adjusters.

West Virginia HB5521 establishes licensing, examination, and conduct requirements for public adjusters.

West Virginia HB5521 creates application, licensure, and examination requirements for public adjusters. It defines terms such as "public adjuster," "company adjuster," and "independent adjuster." The bill establishes standards of conduct for public adjusters, including ethical requirements and restrictions on compensation. It also sets forth contract requirements between public adjusters and insureds, including disclosure and rescission rights. The bill outlines procedures for license renewal, reinstatement, and reporting of actions by public adjusters.