Property and casualty insurance; regulation and licensing of all-lines adjusters. Provides for State Corporation Commission licensing and regulation of all-lines adjusters investigating, negotiating, or settling property, casualty, or workers' compensation claims for insurers or for self-insurers. The bill prohibits a person from acting as an all-lines adjuster without first obtaining a license from the Commission and requires all-lines adjusters to comply with standards of conduct and continuing education requirements. The bill also allows the Commission to suspend or revoke licenses under certain conditions. The bill has a delayed effective date of January 1, 2027.

Statutes affected:
Introduced: 38.2-812, 38.2-815, 38.2-1824, 38.2-1866, 38.2-1867, 38.2-1868.1, 38.2-1869, 38.2-1871, 38.2-1873