Ill. Admin. Code tit. 50 § 3118.115

Current through Register Vol. 48, No. 52, December 27, 2024

Section 3118.115 - Performance Standards Applicable to All Public Adjusters

a) A public adjuster shall not allow any unlicensed individual or entity in which the public adjuster has any interest, or that will compensate the adjuster, to solicit a loss in violation of Section 1590(b) of the Code.

b) A public adjuster shall not recommend any contractor unless the public adjuster first receives confirmation from the contractor that the contractor has liability insurance, a performance bond, any necessary licenses required to perform the particular work, and a written warranty of workmanship in the contractor's contract.

Ill. Admin. Code tit. 50, § 3118.115

Added at 39 Ill. Reg. 1528, effective 1/9/2015

Amended at 48 Ill. Reg. 7257, effective 4/30/2024