This bill amends several sections of Florida Statutes related to public adjuster contracts, primarily focusing on the rights of insured individuals to rescind such contracts. It allows insureds or claimants to cancel a public adjuster contract without penalty within 10 days of execution, or within 30 days of a loss if the contract was initiated during a state of emergency. Additionally, the bill introduces provisions for vulnerable adults or those lacking capacity to consent, allowing them or their legal representatives to rescind contracts at any time without penalty.

The bill also clarifies disciplinary actions against public adjusters and apprentices, specifying that they may face penalties for various unethical practices, including taking advantage of vulnerable individuals. Furthermore, it mandates that public adjusters must provide a written estimate within 60 days of contract execution, with the option for insureds to rescind the contract if this requirement is not met. The effective date for these changes is set for July 1, 2026.

Statutes affected:
S 266 Filed: 626.854, 626.8698, 626.8796