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 that enable vulnerable adults or those lacking capacity to consent, as defined in state law, to rescind contracts at any time without penalty. The public adjuster must also provide a written estimate within 60 days, or the insured may cancel the contract if this requirement is not met.

The bill further clarifies the disciplinary actions that can be taken against public adjusters and apprentices for various violations, including exploiting vulnerable adults or engaging in deceptive practices. It specifies that the Department may impose fines and revoke licenses for such infractions. The effective date for these changes is set for July 1, 2026.

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