31A-26-101. Purposes.
78 words·~1 min read·
/ut/title-31a/chapter-26/31a-26-101A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
31A-26-101. Purposes.
The purposes of this chapter are:
(1)to promote the professional competence of those engaged in claims adjusting;
(2)to encourage fair and rapid settlement of claims;
(3)to protect claimants under insurance policies from unfair claims adjustment practices;
(4)to prevent compensation arrangements for insurance adjusters that endanger the fairness of claim settlements; and
(5)to govern the qualifications and procedures for the licensing of insurance adjusters.
Amended by Chapter 116 , 2001 General Session