A. For the purposes of Regulation 113 the following terms are defined as follows:
Adjuster—an individual who investigates or adjusts losses on behalf of an insurer as an independent contractor or as an employee of:
- a. an adjustment bureau;
- b. an association;
- c. a property and casualty producer;
- d. an independent contractor;
- e. an insurer; or
- f. a managing general agent.
- Catastrophe Adjuster—those adjusters employed or retained by an insurer and brought into this state for the purpose of investigating or making adjustments of losses resulting from a catastrophe or an emergency.
- Catastrophe/Emergency—a significant event declared by the governor or determined by the commissioner that causes widespread property damage or loss.
- Commissioner—the Commissioner of Insurance of the State of Louisiana.
- Insurer—any type of insurer, whether authorized or unauthorized, conducting business in this state.
Authority Note
AUTHORITY NOTE: Promulgated in accordance with R.S. 22:11, 22:1667, and 22:1678 and the Administrative Procedure Act, R.S. 49:950 et seq.
Historical Note
HISTORICAL NOTE: Promulgated by the Department of Insurance, Office of the Commissioner, LR 45:1081 (August 2019).