(a) To qualify for a license, an applicant must be:
(1) an individual who meets the requirements of subsection (b) of this section; or
(2) a business entity that meets the requirements of subsection (c) of this section.
(b) (1) An individual applicant must be trustworthy and competent to transact business as a public adjuster so as to safeguard the interests of the public.
(2) Except as otherwise provided in this subsection, an individual applicant shall:
(i) pass a written examination given by the Commissioner under this subtitle in order to determine the competency of the applicant to act as a public adjuster; and
(ii) pay the license fee required by § 2–112 of this article.
(3) The examination requirement of paragraph (2) of this subsection does not apply to an individual who was licensed as a public adjuster in the State on June 30, 1985.
(4) An individual applicant who fails an examination may not take another examination until at least 14 days after the date of the last examination that the applicant failed.
(c) A business entity applicant must:
(1) be trustworthy and competent to transact business as a public adjuster so as to safeguard the interests of the public;
(2) employ one or more individual licensed public adjusters; and
(3) pay the applicable license fee required by § 2–112 of this article.
Structure Maryland Statutes
Title 10 - Regulation of Insurance Professions
Section 10-402 - Scope of Subtitle
Section 10-403 - License Required
Section 10-404 - Qualifications of Applicants
Section 10-405 - Applications for Initial Licenses
Section 10-406 - Issuance of License
Section 10-408 - Term and Renewal of License
Section 10-408.1 - Reinstatement of License
Section 10-409 - Waiver of License Requirement for Nonresident
Section 10-409.1 - Prohibited Inducements
Section 10-410 - Denials, Suspensions, Revocations, and Refusals to Renew
Section 10-411 - Public Adjuster Contracts
Section 10-412 - Deposit of Settlement Funds