Sec. 4. Authority for interstate claims adjusting

149 words·~1 min read·/bill/115/hr/3363/ih/section-4

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

In the case of any State that requires and issues licenses for independent claims adjusters but is not in compliance with section 2, after the expiration of the 4-year period beginning on the date of the enactment of this Act, an independent claims adjuster may apply to the National Association of Registered Agents and Brokers for Membership for the purpose of licensure in each such State not in compliance with section 2, provided that such independent claims adjuster pays the requisite fees, including licensing fees.

For purposes of this provision, upon such date an independent claims adjuster shall be determined to be a person that negotiates policies of insurance and offers advice, counsel, opinions or services related to insurance, as such terms are used in section 334(5) of Public Law 106–102 , as amended by section 202(a) of Public Law 114–1 ( 15 U.S.C. 6764(5) ; 129 Stat. 27).

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