California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 5. INSURANCE ADJUSTERS |
Chapter 1. Insurance Adjuster Act |
ARTICLE 3. Regulation, Licensing, and Registration |
Section 14039.
Latest version.
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No person licensed as an insurance adjuster shall do any of the following:
(a) Fail to disclose his or her full financial interest in a contract or agreement executed by him or her for the adjustment of a claim prior to the execution thereof.
(b) Use any misrepresentation to solicit a contract or agreement to adjust a claim.
(c) Solicit or accept remuneration from, or have a financial interest exceeding 3 percent in, any salvage, repair, or other firm, which obtains business in connection with any claim which he or she has a contract or agreement to adjust.
(Added by Stats. 1980, Ch. 1190, Sec. 11. Operative July 1, 1981, by Sec. 13 of Ch. 1190.)