522C.2 - DEFINITIONS.
522C.2 DEFINITIONS. As used in this chapter, unless the context otherwise requires: 1. "Business entity" means a corporation, association, partnership, limited liability company, limited liability partnership, or any other legal entity. 2. "Commissioner" means the commissioner of insurance. 3. "Fingerprints" means an impression of the lines on a human finger taken for the purposes of identification. The impression may be electronic or in ink converted to an electronic format. 4. "First-party claim" means a claim filed by a person insured under the insurance policy against which the claim is made. 5. "Individual" means a natural person. 6. "Person" means an individual or a business entity. 7. "Public adjuster" means any person who for compensation or any other thing of value acts on behalf of an insured by doing any of the following: a. Acting for or aiding an insured in negotiating for or effecting the settlement of a first-party claim for loss or damage to real or personal property of the insured. b. Advertising for employment as a public adjuster of first-party insurance claims or otherwise soliciting business or representing to the public that the person is a public adjuster of first-party insurance claims for loss or damage to real or personal property of an insured. c. Directly or indirectly soliciting business investigating or adjusting losses, or advising an insured about first-party claims for loss or damage to real or personal property of the insured. 8. "Uniform business entity application" means the current version of the national association of insurance commissioners' uniform business entity application for resident and nonresident business entities. 9. "Uniform individual application" means the current version of the national association of insurance commissioners' uniform individual application for resident and nonresident individuals.
Section History: Recent Form 2007 Acts, ch 137, §25