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2025 Wisconsin Statutes & Annotations
Chapter 629 - Public adjusters.
629.07 - Assignment of proceeds prohibited.
Universal Citation:
WI Stat § 629.07 (2025)
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629.07 Assignment of proceeds prohibited.
(1) A public adjuster may not request or accept an assignment of insurance policy proceeds from an insured with whom the public adjuster has entered into a contract under s. 629.04. An insurer may not be required to honor an assignment of insurance policy proceeds to a public adjuster.
(2) A public adjuster may request that an insurer include both the public adjuster and the insured on a check paying all or part of the proceeds of an insurance policy if the contract under s. 629.04 permits joint payment of proceeds.
History: 2019 a. 129.
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