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Current as of January 01, 2024 | Updated by Findlaw Staff
A public adjuster:
(1) is obligated to serve with objectivity and loyalty to the interest of the insured alone;
(2) may not solicit or attempt to solicit an insured during the progress of a loss-producing occurrence, as defined in the insured's insurance contract;
(3) may not permit an unlicensed employee or representative of the public adjuster to conduct business for which a license is required;
(4) may not acquire any interest in the salvage of property subject to the contract with the insured without written permission from the insured;
(5) shall abstain from referring or directing the insured to any person with whom the public adjuster has a financial interest unless disclosed to the insured pursuant to 33-17-302(4).
Cite this article: FindLaw.com - Montana Title 33. Insurance and Insurance Companies § 33-17-303. Public adjuster standards of conduct - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-33-insurance-and-insurance-companies/mt-st-33-17-303/
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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