Public Adjuster Professional Standards Reform Act

Summary

The bill creates the West Virginia Public Adjuster Professional Standards Reform Act, requiring anyone acting as an independent, staff, or public adjuster to obtain a state license, post a bond or letter of credit, and follow defined contract and fee rules. It also sets insureds’ rights over adjuster‑handled funds and outlines penalties for violations. The changes aim to increase oversight and protect policyholders.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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