W. Va. Code R. § 114-25-18

Current through Register Vol. XLI, No. 36, September 6, 2024

Section 114-25-18 - Licensing of Nonresident Adjusters

18.1. An individual otherwise complying with the provisions of this rule who is a licensed adjuster in his or her home state, may apply with the Commissioner to become licensed as a nonresident company, public or independent adjuster in this state if his or her home state has established, by law or regulation requirements for the licensing of a resident of this state as a nonresident adjuster and if the applicant's home state awards nonresident licenses to residents of this state on the same basis. Such an individual is exempt from the examination requirements of W.Va. Code § 33-12B-5 if his or her home state required a substantially similar prelicensing examination. A resident of Canada may be licensed as a nonresident adjuster under this section if that person has obtained a resident or home state adjuster license in another United States jurisdiction.

18.2. The Commissioner may issue an adjuster's license to any applicant who is not a West Virginia resident and who cannot meet the requirements of subsection 18.1 of this rule if the applicant passes a written examination in West Virginia.

18.3. As a condition to the continuation of a nonresident adjuster license, the licensee shall maintain a resident adjuster license in his or her home state.

18.4. An individual who has obtained a nonresident adjuster license and who thereafter establishes legal residency in this state must make application within ninety (90) days to obtain a resident license for the same line of authority; such applicant is exempt from any prelicensing examination requirements.

18.5. An individual who has obtained a nonresident adjuster license and who has thereafter had his or her adjuster license suspended, terminated, or revoked by his or her home state must immediately notify the Commissioner of that regulatory action and, with respect to license terminations or revocations, surrender the nonresident adjuster license to the Commissioner. An individual who has had his or her home state license terminated or revoked is no longer eligible or qualified to continue to hold his or her nonresident adjuster license.

W. Va. Code R. § 114-25-18