Authorizes department of insurance, within the DBR, in lieu of passing in-state licensing examination, to recognize the competence of an applicant for an insurance claims adjuster license, through an out-of-state proctored examination. Eff. date 1/1/22
2021-02-10: Introduced, referred to Senate Commerce
2021-04-30: Scheduled for hearing and/or consideration (05/06/2021)
2021-05-06: Committee recommended measure be held for further study
2021-05-21: Scheduled for consideration (05/27/2021)
2021-05-26: Proposed Substitute
2021-05-27: Committee recommends passage of Sub A
2021-05-28: Placed on Senate Calendar (06/01/2021)
2021-06-01: Senate passed Sub A
2021-06-02: Referred to House Corporations
Changes since original draft
2021 – S 0203
S T A T E O F R H O D E I S L A N D
IN GENERAL ASSEMBLY
JANUARY SESSION, A.D. 2021
A N A C T
RELATING TO INSURANCE – CLAIMS ADJUSTERS
Introduced By: Senator Roger Picard
Date Introduced: February 10, 2021
Referred To: Senate Commerce
It is enacted by the General Assembly as follows:
SECTION1.Sections27-10-6and27-10-7.1oftheGeneralLawsinChapter27-10entitled "Claim Adjusters" are hereby amended to read as follows:
(a) The department shall subject the applicant to a written examination as to his or her competency to act as an insurance claim adjuster. The examination shall test the knowledge of the individual concerning the duties and responsibilities of an adjuster and the insurance laws and regulations of this state.
(b) The department may make arrangements, including contracting with an outside testing service, for administering examinations and collecting a nonrefundable fee for the examination.
(c) Each individual applying for an examination shall remit a non-refundable fee as prescribed by the department.
(d) An individual who fails to appear for the examination as scheduled or fails to pass the examination shall reapply for an examination and remit all required fees and forms before being rescheduled for another examination.
(e) The department may accept successful completion of an examination administered by a federal entity in substitute for a state examination for the crop line of authority for company/independent adjusters.
(f) The department may also accept, in lieu of the written examination referred to in subsection (a) of this section, a certification issued by a national or state based claims association with a program approved by the department, that includes a proctored exam of sufficient length and rigor to adequately determine the competence of the applicant and any other requirements set by the department of business regulation.
27-10-7.1. Nonresident license reciprocity.
(a) Unless denied licensure, a nonresident person shall receive a nonresident adjuster license if:
(1) The person is currently licensed as a resident adjuster and is in good standing in his or her home state;
(2) The person has submitted the proper request for licensure and has paid the fees required by § 27-10-3(a)(6);
(3) The person has submitted or transmitted to the department the appropriate, completed application for licensure for the equivalent type of license and lines of authority; and
(4) The person's home state awards non-resident adjuster licenses to residents of this state on the same basis.
(b) The insurance commissioner may verify the adjuster's licensing status through the database maintained by the NAIC, its affiliates, or subsidiaries.
(c) As a condition to continuation of an adjuster license issued under this section, the licenseeshall maintaina resident adjusterlicenseinhisor her home state.Thenon-resident adjuster license issued under this section shall terminate and be surrendered immediately if the home state adjuster license terminates for any reason, unless the adjuster has been issued a license as a resident adjusterinhisorher newhomestate.Notificationtoanystatewhereanon-residentlicenseisissued must be made as soon as possible, yet no later than thirty (30) days of change in new state resident license. The licensee shall include new and old addresses in the notification to the department. A new state resident license is required for non-resident licenses to remain valid. The new state resident license must have reciprocity with the licensing non-resident state(s) for the non-resident license not to terminate.
(d) The department may grant a nonresident license to an adjuster that holds a current certificate issued by a national or state based claims association with a program, approved by the department, that includes at a minimum, a proctored exam of sufficient length and rigor to adequately determine the competence of the applicant and any other requirements set by the department of business regulation.
SECTION 2. This act shall take effect upon passage.
BY THE LEGISLATIVE COUNCIL
A N A C T
RELATING TO INSURANCE – CLAIMS ADJUSTERS
This act would authorize the department of insurance, within the department of business regulation, in lieu of passing in-state licensing examination, to recognize the competence of an applicant for an insurance claims adjuster license, through an out-of-state proctored examination. It would also allow the department to grant a nonresident insurance claims adjuster license based on an out-of-state proctored license qualifying examination.
This act would take effect upon passage. ======== LC001660 ========
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