§ 27-10-7.1. Nonresident license reciprocity. [Effective until January 1, 2023.]
(a) Unless denied licensure, a nonresident person shall receive a nonresident adjuster license if:
(1) The person is currently licensed as a resident adjuster and is in good standing in his or her home state;
(2) The person has submitted the proper request for licensure and has paid the fees required by § 27-10-3(a)(6);
(3) The person has submitted or transmitted to the department the appropriate, completed application for licensure for the equivalent type of license and lines of authority; and
(4) The person’s home state awards nonresident adjuster licenses to residents of this state on the same basis.
(b) The insurance commissioner may verify the adjuster’s licensing status through the database maintained by the NAIC, its affiliates, or subsidiaries.
(c) As a condition to continuation of an adjuster license issued under this section, the licensee shall maintain a resident adjuster license in his or her home state. The nonresident adjuster license issued under this section shall terminate and be surrendered immediately if the home state adjuster license terminates for any reason, unless the adjuster has been issued a license as a resident adjuster in his or her new home state. Notification to any state where a nonresident license is issued must be made as soon as possible, yet no later than thirty (30) days of change in new state resident license. The licensee shall include new and old addresses in the notification to the department. A new state resident license is required for nonresident licenses to remain valid. The new state resident license must have reciprocity with the licensing nonresident state(s) for the nonresident license not to terminate.
History of Section.P.L. 2014, ch. 107, § 2; P.L. 2014, ch. 195, § 2.
§ 27-10-7.1. Nonresident license reciprocity. [Effective January 1, 2023.]
(a) Unless denied licensure, a nonresident person shall receive a nonresident adjuster license if:
(1) The person is currently licensed as a resident adjuster and is in good standing in his or her home state;
(2) The person has submitted the proper request for licensure and has paid the fees required by § 27-10-3(a)(6);
(3) The person has submitted or transmitted to the department the appropriate, completed application for licensure for the equivalent type of license and lines of authority; and
(4) The person’s home state awards nonresident adjuster licenses to residents of this state on the same basis.
(b) The insurance commissioner may verify the adjuster’s licensing status through the database maintained by the NAIC, its affiliates, or subsidiaries.
(c) As a condition to continuation of an adjuster license issued under this section, the licensee shall maintain a resident adjuster license in his or her home state. The nonresident adjuster license issued under this section shall terminate and be surrendered immediately if the home state adjuster license terminates for any reason, unless the adjuster has been issued a license as a resident adjuster in his or her new home state. Notification to any state where a nonresident license is issued must be made as soon as possible, yet no later than thirty (30) days of change in new state resident license. The licensee shall include new and old addresses in the notification to the department. A new state resident license is required for nonresident licenses to remain valid. The new state resident license must have reciprocity with the licensing nonresident state(s) for the nonresident license not to terminate.
(d) The department may grant a nonresident license to an adjuster who holds a current certificate issued by a national or state based claims association with a program, approved by the department, that includes at a minimum, a proctored exam of sufficient length and rigor to adequately determine the competence of the applicant and any other requirements set by the department of business regulation.
History of Section.P.L. 2014, ch. 107, § 2; P.L. 2014, ch. 195, § 2; P.L. 2022, ch. 119, § 1, effective January 1, 2023; P.L. 2022, ch. 120, § 1, effective January 1, 2023.
Structure Rhode Island General Laws
Chapter 27-10 - Claim Adjusters
Section 27-10-1. - Purpose and scope.
Section 27-10-1.1. - Definitions.
Section 27-10-1.2. - License required.
Section 27-10-2. - Persons exempt.
Section 27-10-3. - Issuance of license.
Section 27-10-4. - Veteran’s license.
Section 27-10-6. - Examination. [Effective until January 1, 2023.]
Section 27-10-7. - Exemptions from examination.
Section 27-10-7.1. - Nonresident license reciprocity. [Effective until January 1, 2023.]
Section 27-10-8. - Emergency licenses.
Section 27-10-9. - Investigative and subpoena powers.
Section 27-10-10. - Orders for discontinuance of unlawful practices.
Section 27-10-11. - Penalty for violations.
Section 27-10-12. - License denial, nonrenewal, or revocation.
Section 27-10-13. - Rules and regulations.