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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) A public adjuster shall keep a complete record in this state of each of such adjuster's transactions as a public adjuster. The records shall include each of the following:
(1) The name of the insured;
(2) The date, location, and amount of the loss;
(3) A copy of the contract between the public adjuster and the insured;
(4) The name of the insurer and the amount, expiration date, and number of each policy under which the loss is covered;
(5) An itemized statement of the recoveries by the insured from the sources known to the public adjuster;
(6) The total compensation received for the adjustment; and
(7) An itemized statement of disbursements made by the license holder from recoveries received on behalf of the insured.
(b) Records required to be kept under this Code section shall be:
(1) Maintained in this state for at least five years after the termination of a transaction with the insured; and
(2) Open to examination by the Commissioner.
Cite this article: FindLaw.com - Georgia Code Title 33. Insurance § 33-23-43.5 - last updated March 28, 2024 | https://codes.findlaw.com/ga/title-33-insurance/ga-code-sect-33-23-43-5/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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