INDIANA ADJUSTER LICENSING INFORMATION
License Types
Independent Adjuster
Independent Adjusters are licensed in Indiana. Indiana Code 27-1-28 was created by HEA 1486 (P.L. 11-2011) and governs licensing for independent adjusters.
License Type: Individual and Business Entity
Emergency Adjuster
Under the new law, the Department will issue temporary emergency adjuster licenses to unlicensed but qualified individuals to adjust claims arising from a declared catastrophe.” The fee for emergency adjuster licensing is $20. The Temporary Emergency Adjuster web notice can provide more information about emergency adjuster licensing.
Public Adjuster
IC 27-1-27 provides for a Public Adjuster license. The code stipulates no individual or corporation shall act within Indiana as a public adjuster, or receive, directly or indirectly, compensation or reward for services rendered in the adjustment of any claim or claims unless the person holds a certificate of authority to act as such public adjuster.
Exclusions
(1) An attorney who is admitted to practice in Indiana; and acts in a professional capacity as an attorney.(2) A person employed solely to obtain facts surrounding a claim and furnish technical assistance to a licensed independent adjuster.
(3) An individual who is an employee or an affiliate of a licensed independent adjuster.
(4) An individual who is supervised by a licensed independent adjuster or a licensed insurance producer licensed under IC 27-1-15.6;
(5) An individual who supervises not more than twenty-five (25) persons described in this subdivision
(6) An individual who is employed solely to collect claim information from insureds or claimants; furnish claim information to insureds or claimants; or perform data entry into an automated claims adjudication system.
(7) An individual who is employed to investigate suspected fraudulent insurance claims, but who does not adjust losses or determine claim payments.
(8) A person that performs only executive, administrative, managerial, or clerical duties; and does not investigate, negotiate, or settle claims with policyholders, claimants, or legal representatives of policyholders or claimants.
(9) A person that settles only reinsurance or subrogation claims.
(10) An officer, director, manager, or employee of an authorized insurer, a managing general agent, a surplus lines insurer, a risk retention group, or an attorney in fact of a reciprocal insurer.
(11) A manager of the United States branch of an alien insurer.
(12) A person that investigates, negotiates, or settles life, accident and health, annuity, or disability insurance claims.
(13) Under a self-insured arrangement, an individual who adjusts claims on behalf of the individual's employer.
(14) A licensed insurance producer, an attorney in fact of a reciprocal insurer, or a managing general agent of an insurer to whom claim authority has been granted by the insurer.
(15) A person that is authorized to adjust worker's compensation or disability claims under the authority of a third party administrator.
(16) A person that investigates, negotiates, or settles crop insurance claims.
(17) An individual who does not adjust losses or determine claim payments but is employed to use a specialized skill possessed by the individual to make a determination concerning an element of a claim that is used by an independent adjuster, or an adjuster who is directly employed by an insurer, in adjusting a loss or determining a claim payment.
Licensing Requirements
Requirements
Residents1.Be 18 years of age or older.
2.Be trustworthy, reliable, and of good reputation.
3.Have “not committed an act that is grounds for probation, suspension, revocation, or refusal of licensure.”
4.Pay the appropriate fee.
5.Complete the required PreLicensing course through AdjusterPro.
6.Take and pass the Indiana Adjuster exam through AdjusterPro.
7.After completion of the PreLicensing and Adjuster Exam, apply online for adjuster license. See Application process below.
8.A resident independent adjuster applicant may not apply if the applicant holds an active Indiana resident public adjuster license.
Reciprocity and Non Residents
Indiana is reciprocal with all states that license adjusters except California, Hawaii, and New YorkReciprocity with Texas license
Reciprocal with Texas License? Yes.
Pre Licensing Education
As of July 2011, Indiana licenses both resident and non-resident independent adjusters. The required 40 hour PreLicensing course and exam is available through AdjusterPro.
Bond Requirement
Requires Adjuster Bond.
Type of Adjuster: Public Adjusters
Amount: $10,000
Bond Expiration information: December 31 Every Year
Link to Forms: http://www.in.gov/idoi/2479.htm#8
How to Apply
Residents:
1.Indiana residents must apply online via Sircon/NIPR, or by mail with the NAIC Uniform Application (write “Independent Adjuster” across the top). Resident adjusters who have subscribed CLM can apply through CLM Tracker.
2.Indiana residents must complete AdjusterPro's Indiana Pre-licensing course and Exam.
3.The application fee is $40.
Non-Residents:
1.Non-residents who hold a resident license in their home state may apply online via Sircon/NIPR. Non resident adjusters who have subscribed CLM can apply through CLM Tracker.
2.Non-residents from a non-licensing state who hold a reciprocal license in another state can apply for the Indiana non-resident license online via Sircon.
3.Non-residents from a non-licensing state who hold no other adjuster licenses should complete the Indiana pre-licensing and Exam and apply for an Indiana license - designating Indiana as their home state. This application cannot be completed online at this time. Please complete the NAIC Uniform Application and submit it to the Indiana Department of Insurance. Please write "Designating Indiana as Home State" across the top.
4.The fee is $90.
5.Send application and fee to Indiana Department of Insurance, Attn. Megan Canfield, 311 West Washington Street, Suite 300, Indianapolis, IN 46204.
6. Accepts Adjuster Designated Home State (ADHS) electronically.
Maintaining Your License
Renewal
Residents- This is a two-year license that expires on the last day of your birth month.
- A grace period of thirty (30) days will be given after expiration date. On the 31st day the license will is inactive and applicant must contact state for reinstatements. After one (1) year, applicant will apply as new applicant through Resident Licensing (RL) Application.
- Applicant must hold an active renewable license in Indiana.
- A resident independent adjuster licensee may not renew if the licensee holds an active Indiana resident public adjuster license.
- Business email address is a required field.
- The residence address cannot be a P.O. Box.
- If the business address is the only address in Indiana, it cannot be a P.O. Box.
Non-Residents
- Applicant cannot apply earlier than sixty (60) days prior to license expiration date.
- Reinstatements are allowed through Non-Resident Renewal (NRR) Application from thirty-one to three hundred and sixty-five (31-365) days after expiration date. After one (1) year past expiration, applicant must apply as new through Non-Resident Adjuster License (NRAL) Application. These two (2) conditions only apply to applicants who have a status reason of failure to renew.
- No partial renewals are allowed. Applicant must renew all lines actively held in Indiana.
- The ADHS selected must have an active non-resident adjuster license on the PDB
- A non-resident independent adjuster or independent adjuster-designated home state licensee may not renew if the licensee holds an active Indiana non-resident public adjuster license.
- In order for an applicant to designate a home state during the renewal application, the applicant must not have an active resident adjuster licenses on PDB (in any state).
- Applicant may not designate a home state if the resident state offers adjuster licensing.
- CLM Tracker subscribed users can renew the licenses via CLM.
Continuing Education
All adjusters are required to complete 24 credit hours of continuing education every two years. CLM users can track CE credits through CLM Tracker
License Termination or Lapse
Reinstatements are allowed through NIPR from thirty-one to three hundred and sixty-five (31-365) days after expiration date. After one (1) year past expiration, applicant must apply as new through Non-Resident Adjuster License (NRAL) Application. These two (2) conditions only apply to applicants who have a status reason of failure to renew ..
Fees
| Indiana Adjuster Pre-Licensing Course and Exam | $379 |
| License Fee | $40 (residents), $90 (non-residents) |
| Renewal Fee | $40 (residents), $90 (non-residents) |
Contact
The Indiana Department of Insurance,
311 West Washington Street, Suite 300,
Indianapolis, IN, 46204.
Phone: (317) 232-0688
For questions regarding continuing education: (317) 232-5858,
Email: mcanfield@idoi.in.gov
Website: www.in.gov/idoi