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West Virginia Code Chapter 33. Insurance § 33-12B-4. Temporary licensure for emergency company or independent adjusters

Current as of January 01, 2024 | Updated by FindLaw Staff

(a) In the event of a declared insurance emergency, an insurer shall notify the commissioner with an application for temporary emergency licensure for each individual who will act as an emergency company adjuster or emergency independent adjuster on behalf of the insurer.

(b) A person who is otherwise qualified to adjust claims, but not already licensed in this state when the insurance emergency has been declared, may act as an emergency company or independent adjuster and adjust claims if, within five days of the declared insurance emergency, the insurer notifies the commissioner by providing the following information in a format proposed by the commissioner:

(1) Name and address of the individual;

(2) National Producer Number of the individual if the individual has a National Producer Number;

(3) Name of the insurer which the company or independent adjuster will represent;

(4) Effective date of the contract between the insurer and independent adjuster, if applicable;

(5) Insurance emergency or loss control number;

(6) Insurance emergency event name; and

(7) Any other information the commissioner deems necessary.

(c) An emergency company or independent adjuster's license shall remain in force for a period not to exceed 90 days, unless extended for an additional period by the commissioner.

(d) The fee for emergency company or independent adjuster application for licensure shall be in an amount specified in § 33-12B-8 of this code. The fee shall be due and payable at the time of application for licensure.

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Cite this article: FindLaw.com - West Virginia Code Chapter 33. Insurance § 33-12B-4. Temporary licensure for emergency company or independent adjusters - last updated January 01, 2024 | https://codes.findlaw.com/wv/chapter-33-insurance/wv-code-sect-33-12b-4/

Read this complete West Virginia Code Chapter 33. Insurance § 33-12B-4. Temporary licensure for emergency company or independent adjusters on Westlaw. Westlaw subscription required.

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