2006 Louisiana Laws - RS 22:1210.81 — License

§1210.81.  License

A.  Unless denied licensure under this Part, persons who have met the requirements of this Part shall be issued a claims adjuster license.  The license shall contain the licensee's name, business address, personal identification number, date of issuance, expiration date, and any other information the commissioner of insurance deems necessary.

B.(1)  A claims adjuster license shall remain in effect unless revoked, terminated, suspended, or denied renewal or reinstatement, as long as the request for renewal has been filed, the fee set forth in R.S. 22:1078 has been paid, and any other requirements for license renewal are met by the due date.

(2)  Every licensed claims adjuster shall file an application for renewal of his license every two years, by notifying the commissioner of insurance using methods prescribed by the commissioner of insurance, of the licensee's intention to continue his license.

C.  The licensee shall inform the commissioner of insurance by any means acceptable to the commissioner of insurance of a change of address, change of legal name, or change of information submitted on the application within thirty days of the change.  Failure to file a change within the required time shall subject the licensee to a fifty dollar fine per violation or other fine as may be authorized by R.S. 22:1078.  Any person against whom a penalty has been levied shall be given due notice of such action.  Upon receipt of this notice, the licensee may apply for and shall be entitled to a hearing.

D.  A licensed claims adjuster shall be subject to R.S. 22:1211 et seq., relative to unfair trade practices, and R.S. 22:1241 et seq., relative to insurance fraud.

E.  A claims adjuster whose license has lapsed may, within twelve months from the expiration date of the renewal, reinstate the license upon approval of the commissioner of insurance.  However, a penalty in the amount of double the unpaid renewal fee shall be required for the reinstatement of the claims adjuster license.  Reinstatement shall be effective on the date the commissioner of insurance approves the request for reinstatement.

F.  A licensed claims adjuster who is unable to comply with license renewal procedures due to military service, long-term medical disability, or other extenuating circumstance, may request a waiver of those procedures.  The licensed claims adjuster may also request a waiver of any examination requirement, fine, or other sanction imposed for failure to comply with renewal procedures.

G.  To assist the commissioner of insurance in his licensing duties, he may contract with nongovernmental entities, including the National Association of Insurance Commissioners (NAIC) or any affiliates or subsidiaries that the National Association of Insurance Commissioners (NAIC) oversees to perform any ministerial functions, including the collection of fees and data, related to licensing that the commissioner of insurance may deem appropriate.

Acts 2006, No. 783, §1, eff. Jan. 1, 2007.