Current through Register Vol. 43, No. 02, November 27, 2024
Section 482-1-151-.08 - Apprentice Independent Adjuster License(1) An individual otherwise qualified as an independent adjuster except as to having taken and passed the written examination may apply for an apprentice independent adjuster license, according to the requirements set forth in this rule for one or more of the following lines of insurance: (a) Property and Casualty, excluding Workers' Compensation and Crop.(b) Workers' Compensation.(d) Property and Casualty, including Workers' Compensation and Crop.(2) The applicant must be actively engaged in a prelicensing course for the line or lines of authority.(3) The applicant must be under the supervision of a licensed independent adjuster holding the same line or lines of authority. A licensed independent adjuster may supervise no more than five apprentice independent adjusters at one time.(4) The applicant shall complete the Department's on-line licensing process to become licensed as an apprentice independent adjuster producer for a particular line or lines of insurance. Instructions for the on-line licensing process, as they may change from time to time, will be provided on the Department's Web site.(5) The apprentice independent adjuster license is valid for a maximum of twelve months, during which time the apprentice independent adjuster licensee must complete the examination requirements to convert the license to a regular independent adjuster license.(6) The fees for an apprentice independent adjuster license are the same as for an individual independent adjuster provided in Code of Ala. 1975, § 27-4-2(a)(11) as set forth below: (a) Application fee | $30.00 |
(b) License fee | $80.00 |
(7) An individual may only have one apprentice independent adjuster license for any one or more lines of authority in a lifetime, regardless of the length of time held.(8)(a) Upon successful completion of the required independent adjuster examination, an unexpired apprentice independent adjuster license will automatically convert to an individual independent adjuster license for the same line of authority covered by the examination. No additional fees are required at that time and the new individual independent adjuster license will be considered issued on the date of the conversion from the apprentice license for purposes of determining renewal and continuing education requirements.(b) If the apprentice independent adjuster license expires prior to successful completion of the require examination, the individual must complete the application process for individual independent adjuster license to become licensed.Ala. Admin. Code r. 482-1-151-.08
New Rule: October 18, 2012; effective October 28, 2012. Filed with LRS October 18, 2012. Rule is not subject to the Alabama Administrative Procedure Act.Amended by Alabama Administrative Monthly Volume XXXIII, Issue No. 11, August 31, 2015, eff. 1/1/2016.Amended by Alabama Administrative Monthly Volume XLI, Issue No. 10, July 31, 2023, eff. 1/1/2024.Author: Commissioner of Insurance
Statutory Authority:Code of Ala. 1975, §§ 27-2-17, 27-9A-18.