Prior to approving an individual’s application for a resident adjuster license, the commissioner shall find that the applicant meets all of the following requirements:
- 1. This state is the applicant’s home state.
- 2. The applicant has not committed any act that is a ground for denial, suspension, or revocation of a license under section 522C.13.
- 3. The applicant has the requisite character and competence to be licensed as an adjuster, as may be determined by the commissioner.
- 4. The applicant is financially responsible pursuant to section 522C.7.
- 5. The applicant has paid all fees required under this chapter. An applicant who concurrently applies for both an adjuster license, and a license as an appraiser under chapter 522F, shall only be required to pay the fee required under this chapter or the fee required under chapter 522F.
- 6. The applicant maintains an office in the applicant’s home state that is available by reasonable appointment or regular business hours.
- 7. The applicant is at least eighteen years of age.
- 8. The applicant successfully passed the adjuster examination pursuant to section 522C.8.
- 9. The applicant for a public adjuster license has submitted contracts and any subsequent contract modification to the commissioner for review and approval prior to use. A contract that has been filed is deemed to be approved unless disapproved or additional information is requested by the commissioner within thirty calendar days of receipt of the filing by the commissioner.
- 10. The applicant has obtained any necessary authority from the secretary of state to transact business in this state.
Section applies beginning July 22, 2025, to a person currently doing business in this state as an independent adjuster or a staff adjuster as of January 1, 2025; 2025 Acts, ch 28, §52 NEW section
2025 Acts, ch 28, §36, 52
Referred to in §522C.7, 522C.9, 522C.10, 522C.15