626.873 Nonresident company employee adjusters.
626.873 Nonresident company employee adjusters.
(1) The department shall, upon application therefor, issue a license to an applicant for a nonresident adjuster’s license upon determining that the applicant has paid the applicable license fees required under s. 624.501 and:
(a) Is a currently licensed insurance adjuster in his or her home state, if such state requires a license.
(b) Is an employee of an insurer, or a wholly owned subsidiary of an insurer, admitted to do business in this state.
(c) Has filed a certificate or letter of authorization from the insurance department of his or her home state, if such state requires an adjuster to be licensed, stating that he or she holds a current license or authorization to adjust insurance losses. Such certificate or authorization must be signed by the insurance commissioner, or his or her deputy, of the adjuster’s home state and must reflect whether or not the adjuster has ever had his or her license or authorization in the adjuster’s home state suspended or revoked and, if such is the case, the reason for such action.
(2) Any individual who holds a Florida nonresident adjuster’s license, upon becoming a resident of this state may, for a period not to exceed 90 days, continue to adjust claims in this state under his or her nonresident license and appointment. Such individual must make application for resident licensure and must become licensed as a resident adjuster within 90 days of becoming a resident of this state.
(3) Upon becoming a resident of this state, an individual who holds a Florida nonresident adjuster’s license is no longer eligible for licensure as a nonresident adjuster if such individual fails to make application for a resident license and become licensed as a resident adjuster within 90 days. Such individual may apply for a resident license pursuant to s. 626.865, s. 626.866, or s. 626.867.
History. s. 336, ch. 59-205; ss. 13, 35, ch. 69-106; s. 3, ch. 81-282; s. 2, ch. 81-318; ss. 288, 293, 807, 810, ch. 82-243; s. 41, ch. 82-386; ss. 147, 206, 207, ch. 90-363; s. 62, ch. 91-108; s. 4, ch. 91-429; s. 292, ch. 97-102; ss. 56, 65, ch. 98-199; s. 19, ch. 2001-142; s. 988, ch. 2003-261; s. 68, ch. 2004-390.