The "West Virginia Public Adjuster Professional Standards Reform Act" establishes a regulatory framework for the licensing and oversight of public adjusters in West Virginia. The bill introduces new articles to the Code of West Virginia that detail the licensure application process, qualifications for public adjusters, and the rights of insured individuals. It mandates that individuals must be licensed to act as public adjusters and outlines the necessary qualifications, including age, trustworthiness, and financial responsibility. The legislation also provides for temporary registrations for emergency adjusters during declared catastrophes.

Additionally, the bill sets forth specific requirements for contracts between public adjusters and insured parties, mandating that all contracts be in writing and include essential details such as the adjuster's name, contact information, and license number. It prohibits unfair contract terms and ensures transparency in compensation provisions. The act grants the commissioner authority to disapprove non-compliant contracts and imposes penalties for violations, including potential license suspension or revocation. The bill aims to enhance professionalism and consumer protection within the public adjusting industry, with an effective date set for July 1, 2025.

Statutes affected:
Introduced Version: 33-64-1, 33-64-2, 33-64-3, 33-64-4, 33-64-5, 33-64-6, 33-64-7, 33-64-8, 33-64-9