The bill amends Minnesota Statutes 2024, section 72B.135, subdivision 4, to introduce new prohibitions for public adjusters. Specifically, it adds a new provision that prohibits public adjusters from appearing as an advocate or a representative for a person in any action or proceeding before an administrative tribunal, including arbitration. This addition aims to clarify the role of public adjusters and ensure they do not engage in advocacy that could conflict with their responsibilities.
Additionally, the bill removes the previous prohibition against public adjusters advancing money to clients pending the settlement of a loss, which was previously included in the list of prohibited practices. This change may reflect a shift in the regulatory approach to how public adjusters can assist clients financially during the claims process. Overall, the bill seeks to enhance the regulatory framework governing public adjusters in Minnesota by clearly defining their limitations and responsibilities.
Statutes affected: Introduction: 72B.135