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Current as of January 01, 2024 | Updated by Findlaw Staff
(1) Before issuing a public adjuster license to an applicant under this section, the department shall find that the applicant:
(a) Is at least eighteen (18) years of age;
(b) Is eligible to designate this state as his or her home state or is a nonresident who is eligible for a license under section 41-5809, Idaho Code;
(c) Has successfully passed the public adjuster examination;
(d) Has not committed any act that is a ground for denial, suspension or revocation of a license as set forth in section 41-5811, Idaho Code;
(e) Is trustworthy, reliable, and of good reputation, evidence of which may be determined by the department;
(f) Is financially responsible to exercise the license and has provided proof of financial responsibility as required in section 41-5812, Idaho Code;
(g) Has paid the fees set forth by rule adopted pursuant to section 41-401, Idaho Code; and
(h) Maintains an office in the home state of residence with public access by reasonable appointment and/or regular business hours. This includes a designated office within a home state of residence.
(2) In addition to satisfying the requirements of subsection (1), when applicable, a business entity shall:
(a) Designate a licensed individual public adjuster responsible for the business entity's compliance with the insurance laws and rules of this state;
(b) Designate only licensed individual public adjusters to exercise the business entity's license; and
(c) The department may require any documents reasonably necessary to verify the information contained in the application.
Cite this article: FindLaw.com - Idaho Statutes Title 41. Insurance § 41-5806. License qualifications - last updated January 01, 2024 | https://codes.findlaw.com/id/title-41-insurance/id-st-sect-41-5806/
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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