Section 1602.2 - Licensing(a) Individuals.--The department shall review each application and may conduct an investigation of each individual who applies for a license in accordance with this act. The department shall issue a resident or nonresident public adjuster license, as appropriate, to the applicant when the department is satisfied the following criteria have been met: (1) the applicant has reached 18 years of age;(2) the applicant has not committed any act which is prohibited under this act;(3) the applicant has passed or is exempt from the public insurance adjuster licensing examination;(4) the applicant has paid the applicable fees established under this act;(5) the applicant possesses the general fitness, competence and reliability sufficient to satisfy the department the applicant is worthy of licensure; and(6) other criteria as the department may establish.(b) Business entities.--The department shall review each business entity application and may conduct an investigation of each business entity seeking licensure and its designated licensees. The department shall issue a resident or nonresident public adjuster license, as appropriate, to the business entity when the department is satisfied the following criteria have been met: (1) the business entity has one or more designated licensees who are responsible for the business entity's compliance with the insurance laws and regulations of this Commonwealth;(2) the business entity's designated licensees and officers, partners or members are licensees in good standing with the department;(3) if a corporation or limited liability company, individual public adjuster licenses shall be held by or secured for each officer of the corporation or limited liability company;(4) if a partnership, limited liability partnership or association, individual public adjuster licenses shall be held by or secured for each partner or member of the association;(5) the business entity or its designated licensees have not committed an act which is prohibited under this act;(6) the business entity is owned, operated and managed by persons possessing the general fitness, competence and reliability sufficient to satisfy the department that the business entity is worthy of licensure;(7) the business entity has paid the applicable fees established under this act; and(8) other criteria as the department may establish.Added by P.L. 209 2012 No. 21, § 2, eff. 9/30/2012.