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Current as of January 01, 2023 | Updated by Findlaw Staff
(1) Except as provided in ORS 744.515, a person shall not act or attempt to act as an adjuster of losses claimed under insurance policies, whether acting for the insurer or the insured, unless the person holds a valid license issued by the Director of the Department of Consumer and Business Services that authorizes the person to act as an adjuster. A license under this section authorizes an adjuster to adjust losses for or against authorized insurers or insurers with which policies were placed under a surplus line insurance license as provided in ORS 735.400 to 735.495.
(2) A license under this section does not authorize a person to act as an adjuster for any person other than the insurer or insured.
Cite this article: FindLaw.com - Oregon Revised Statutes Insurance § 744.505 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-56-insurance/or-rev-st-sect-744-505/
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