Effective November 1st, 2015 the Commission of Insurance will require an enhanced Oklahoma Public Adjuster surety bond in the amount of twenty five thousand dollars. The new bond penalty has been increased from ten thousand dollars. The law requires that… Continue Reading →
Pursuant to recent changes in the Commonwealth Code, effective July 1, 2014 a non-resident adjuster must post a Virginia public adjuster surety bond just as resident adjusters must do. The State Corporation Commission has issued an advisory letter which states,… Continue Reading →
In Hawaii a public adjuster must be licensed and provide a Hawaii public adjuster bond. The Revised Statutes of Hawaii define an adjuster as “any individual who: (A) Acts solely on behalf of either the insurer or the insured, as an independent contractor or… Continue Reading →
Yes, it is here and it is LAW. Article 4.1 of Chapter 18 of Title 38.2 of the Virginia Code, effective January 1st, 2013, requires all public adjusters to obtain a Virginia public adjuster bond in the amount of $50,000. The bond… Continue Reading →
© 2024 Surety One, Inc.