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52Nov 3 election

Property and casualty insurance; regulation and licensing of all-lines adjusters.

Introduced: it can still change before the session ends.

VA SB 208 · Senate Bill · 2027

Stage
Introduced
Started in
Senate
Sponsor
Bill DeSteph
Latest action
Jul 21

Where it stands

  1. Introduced (Current step)

    Introduced · Jul 21

  2. Committee (Not started)

    Up next

  3. Floor (Not started)

  4. Law (Not started)

What it does

Property and casualty insurance; regulation and licensing of all-lines adjusters. Provides for State Corporation Commission licensing and regulation of all-lines adjusters investigating, negotiating, or settling property, casualty, or workers' compensation claims for insurers or for self-insurers. The bill prohibits a person from acting as an all-lines adjuster without first obtaining a license from the Commission and requires all-lines adjusters to comply with standards of conduct and continuing education requirements. The bill also allows the Commission to suspend or revoke licenses under certain conditions. The bill has a delayed effective date of January 1, 2027.

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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