Iowa Admin. Code r. 191-55.3

Current through Regsiter Vol. 46, No. 26, June 12, 2024
Rule 191-55.3 - License required to operate as public adjuster
(1) A person shall not operate as or represent that the person is a public adjuster in this state unless the person is licensed by the division in accordance with this chapter.
(2) A person licensed as a public adjuster in accordance with this chapter shall assist only insureds with first-party claims.
(3) Notwithstanding subrule 55.3(1), a license as a public adjuster shall not be required of the following:
a. An attorney-at-law admitted to practice in this state, when acting in the attorney's professional capacity as an attorney;
b. A person who negotiates or settles claims arising under a life or health insurance policy or an annuity contract;
c. A person employed only for the purpose of obtaining facts surrounding a loss or furnishing technical assistance to a licensed public adjuster, including photographers, estimators, private investigators, engineers and handwriting experts;
d. A licensed health care provider, or an employee of a licensed health care provider, who prepares or files a health claim form on behalf of a patient; or
e. A person who settles subrogation claims between insurers.

Iowa Admin. Code r. 191-55.3

Amended by IAB November 4, 2020/Volume XLIII, Number 10, effective 12/9/2020