‘Sec. 1. 24-A MRSA §1476, as enacted by PL 1997, c. 592, §43, is amended to read:
§ 1476. Activities of insurance adjusters
The following requirements govern the activities of insurance adjusters.
HP0165 LD 204 |
Session - 126th Maine Legislature C "A", Filing Number H-12, Sponsored by
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LR 1014 Item 2 |
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Bill Tracking, Additional Documents | Chamber Status |
Amend the bill by striking out everything after the enacting clause and before the summary and inserting the following:
‘Sec. 1. 24-A MRSA §1476, as enacted by PL 1997, c. 592, §43, is amended to read:
§ 1476. Activities of insurance adjusters
The following requirements govern the activities of insurance adjusters.
SUMMARY
This amendment replaces the bill and is the minority report of the committee. Current law prohibits a public insurance adjuster from soliciting or offering an adjustment services contract to any person for at least 36 hours after an accident or occurrence as a result of which the person might have a potential claim. This amendment removes that prohibition and instead provides that public insurance adjusters may not solicit or offer a contract during an accident or occurrence. The amendment also extends the time in which a person may rescind an adjustment services contract from 2 to 4 business days after the contract is signed.