Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS HEADING: PL 1997, C. 457, §23 (NEW); 2001, C. 259, §1 (RPR)
Subchapter 6: ADJUSTERS HEADING: PL 1997, C. 457, §23 (NEW)
§1476. Activities of insurance adjusters
The following requirements govern the activities of insurance adjusters. [1997, c. 592, §43 (NEW).]
1.Solicitation. An adjuster seeking to provide adjusting services to an insured for a fee to be paid by the insured may not solicit or offer
an adjustment services contract to any person for at least 36 hours after an accident or occurrence as a result of which the
person might have a potential claim.
[
1997, c. 592, §43 (NEW)
.]
2.Contract provision. Any such adjustment services contract must contain a provision, prominently printed on the first page of the contract, stating
that the person contracting with the adjuster has the option to rescind the contract within 2 business days after the contract
is signed.
[
1997, c. 592, §43 (NEW)
.]
SECTION HISTORY
1997, c. 592, §43 (NEW).
Data for this page extracted on 11/09/2009 11:20:25.