Plain English Breakdown
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HB405: Requiring Insurance Adjusters to Hold Contractor Licenses
This bill changes Georgia law so that people who work as licensed insurance adjusters must also hold a valid contractor license.
What This Bill Does
- Requires all licensed insurance adjusters in the state to be licensed contractors.
- Limits an adjuster's ability to work based on the specific type of contractor license they hold.
- Allows people who are already licensed contractors to become licensed insurance adjusters.
- Gives authority for officials to create rules and regulations about these new requirements.
- Removes any existing laws that conflict with this new requirement.
Who It Names or Affects
- People currently working as licensed insurance adjusters in Georgia.
- Licensed contractors who want to work as insurance adjusters.
- State agencies responsible for licensing agents and adjusters.
Limits and Unknowns
- The bill text does not list specific dates when these new rules will start.
- It is unclear exactly which types of contractor licenses qualify an adjuster to handle certain claims until officials write the final rules.