629.13 Penalties. Upon a finding that a public adjuster has done any of the following, the commissioner may, after a hearing, notify the public by posting the public adjuster's name and infraction on the office's Internet site, levy a civil penalty, or, if applicable, suspend or revoke the public adjuster's registration under s. 629.02, or do any combination of the 3 actions:
(1) Provided false, misleading, or incomplete information in the registration application.
(2) Failed to comply with any provision in this chapter.
(3) Violated any insurance law or rule or any subpoena or order of the commissioner or insurance regulatory body of another state.
(4) Obtained, or attempted to obtain, registration as a public adjuster through misrepresentation or fraud.
(5) Misappropriated or otherwise improperly handled money or property received in the course of doing business as a public adjuster.
(6) Intentionally misrepresented the terms of an insurance policy.
(7) Been convicted of a felony related to the duties and obligations of a public adjuster or the business of insurance.
(8) Admitted to committing, or is found to have committed, any insurance unfair trade practice or insurance fraud.
(9) Used fraudulent, coercive, or dishonest practices, or demonstrated incompetence or untrustworthiness, in the conduct of business in any jurisdiction.
(10) Had an intermediary license or public adjuster license or registration denied, suspended, or revoked in any jurisdiction.
(11) Cheated on an examination for a public adjuster license or registration.
(12) Misrepresented to a person that the individual represents or is employed by an insurer in any capacity, including as an independent adjuster.
History: 2019 a. 129.
Structure Wisconsin Statutes & Annotations