A. No person shall, in this state, act as, or make any representation as being, an adjuster unless licensed as such by the superintendent under the Insurance Code.
B. No person, regardless of location, shall act as, or make any representation as being, an adjuster with respect to workers' compensation claims of claimants resident or located in New Mexico unless licensed as such by the superintendent under the Insurance Code.
C. Notwithstanding any other provision of law, a nonresident may be licensed as a nonresident independent adjuster for the purposes of portable electronics insurance if that applicant has designated another state as the applicant's home state.
History: Laws 1984, ch. 127, § 231; 1989, ch. 313, § 1; 2013, ch. 140, § 12.
The 2013 amendment, effective July 1, 2013, provided for a nonresident independent adjustor license; and added Subsection C.
Structure New Mexico Statutes
Section 59A-13-1 - Scope of article.
Section 59A-13-2 - Definitions.
Section 59A-13-3 - License required.
Section 59A-13-3.1 - Examination for license.
Section 59A-13-4 - Qualifications for license as adjuster.
Section 59A-13-6 - Emergency adjusters.
Section 59A-13-7 - Separate license; independent, staff adjusters.
Section 59A-13-8 - Powers conferred by adjuster license.
Section 59A-13-9 - Place of business.
Section 59A-13-10 - Records of independent adjuster.
Section 59A-13-11 - Resident claims representative for payment of workers' compensation claims.
Section 59A-13-12 - Continuing education.
Section 59A-13-13 - Prohibited conduct regarding the adjustment and repair of property damage.
Section 59A-13-14 - Standards of conduct.
Section 59A-13-15 - Contract between public adjuster and insured.