1. (a) An individual who applies for an independent adjuster license under this chapter and who:

   1. (1) possesses an independent adjuster license for the same line of authority in which the individual has applied for licensing under this chapter in a state in which a prelicensing independent adjuster licensure examination is required;

   2. (2) possessed an independent adjuster license that:

      1. (A) was for the same line of authority in which the individual has applied for licensing under this chapter in a state in which a prelicensing independent adjuster licensure examination is required; and
      2. (B) expired less than ninety (90) days before the date the commissioner receives the application; or

   3. (3) provides proof from contracting insurers that the individual has participated in claims adjudication in the same line of authority during the five (5) years immediately preceding the date of application;

      is not required to complete a prelicensing course as described in section 12(b)(5) of this chapter or pass a written examination under section 15 of this chapter before being licensed under this chapter.

2. (b) An applicant who meets the criteria set forth in subsection (a)(1) or (a)(2) must provide certification from the other state that the applicant's independent adjuster license:

   1. (1) is currently in good standing; or
   2. (2) was in good standing at the time of expiration.

3. (c) A person that:

   1. (1) is licensed as an independent adjuster in another state where a prelicensing independent adjuster licensure examination is required;
   2. (2) establishes legal residency in Indiana; and

   3. (3) applies for a resident independent adjuster license under this chapter less than ninety (90) days after the person establishes legal residency in Indiana;

      is not required to complete a prelicensing course as described in section 12(b)(5) of this chapter or pass a written examination under section 15 of this chapter before being licensed under this chapter.

As added by P.L.11-2011, SEC.22.