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An independent adjuster license is effective for two (2) years after the date of issuance unless probated, suspended, revoked, or refused.
Non-residents can be licensed provided:
(1) they are currently licensed in good standing as an independent adjuster in the person's home state
(2) the person has submitted the proper application for licensure and a non-resident application fee of ninety dollars ($90); and
(3) the person's designated home state awards non-resident independent adjuster licenses to residents of Indiana.
If a person:
(1) is not a resident of Indiana; and
(2) is not licensed as an independent adjuster in another state; desires to obtain an independent adjuster license under this chapter, the person complete the pre-licensing course and must pass the Indiana required written examination, and
(3) must remit the non-resident application fee of ninety dollars ($90).
However, if a person can provide proof from contracting insurers that they participated in claims adjudication in property and casualty or workers compensation during the five (5) years preceding the date of the application, they will not be required to complete a pre-licensing course or pass a written examination.
Indiana will verify an independent adjuster's licensure status in another state through an appropriate data base, including the insurance producer data base maintained by the NAIC or an affiliate or a subsidiary of the NAIC.
To maintain a valid non-resident independent adjuster license, the independent adjuster must maintain a valid resident independent adjuster license in the independent adjuster's home state and the independent adjuster's home state must award non-resident independent adjuster licenses to residents of Indiana on the same basis.
If a non-resident independent adjuster's home state license terminates due to the issuance of a new resident independent adjuster license in a new home state, the independent adjuster shall, not more than thirty (30) days after the non-resident independent adjuster's home state license termination date, provide notice of the termination to the commissioner and the insurance commissioner of any state that has issued a non-resident independent adjuster license to the independent adjuster. The notice must specify the independent adjuster's previous home state address and new home state address.