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Adjuster Licensing Requirements and Staff Adjusters

Bulletin
Thursday, November 15, 2012
Insurance Bulletin #172

VERMONT DEPARTMENT OF FINANCIAL REGULATION

INSURANCE DIVISION BULLETIN 172

ADJUSTER LICENSING REQUIREMENTS AND STAFF ADJUSTERS

The Department has received a number of inquiries from insurers asking if Vermont law provides an exception to the adjuster licensing requirement if the individual adjusting is a staff adjuster of the insurer. The answer is no, there is no exception for the adjuster licensing requirement, unless the insurer is a Vermont domestic fire or casualty company. See Title 8 V.S.A. § 4791(3).

Insurers should review their licensing protocols to ensure their adjusters handling Vermont claims are properly licensed. For information about how to obtain a license, go to www.vermontinsuranceagent.info

Dated at Montpelier, Vermont this 15th day of November, 2012.