Alabama DOI http://www.aldoi.org/ Form the web site; Last Update: 11/23/2006Definition An "adjuster" is an individual or firm (corporation, partnership, or other business entity), who for compensation as an independent contractor, or as the employee of an independent contractor or for fee or commission, investigates and negotiates settlement of claims arising under insurance contracts on behalf of the insurer. Exemptions - A licensed attorney who is qualified to practice law in the state of Alabama.
- A salaried employee of an insurer.
Qualifications Firms and individuals may become licensed adjusters. Individuals must: - Be 19 years of age or more.
- Be a full-time salaried employee of a licensed adjuster or a graduate of a recognized law school or must have experience or special education or training in the handling of loss claims under insurance contracts of sufficient duration and reasonable extent to make him or her competent to fulfill the responsibilities of an adjuster.
- Be trustworthy and of good character.
- Have and maintain in this state an office accessible to the public and keep therein the usual and customary records pertaining to transactions under the license. ( Section 27-9-8, Code of Alabama, 1975)
NOTE: Non-resident individuals and non-Alabama firms must permit Alabama resident adjusters and Alabama firms to act as adjusters in their home state. Initial Licensing Process - Application Form AL-90 must be completed and accompanied with a fee of $60.00 (an application fee of $20.00 and a license fee of $40.00).
- Once the application has been approved and fees paid, the individual is licensed. NOTE: No examination is required.
- Application and $60.00 fee should be mailed to:
Alabama Department of Insurance
P O Box 830704
Birmingham, AL 35283-0704 Please make checks payable to Commissioner of Insurance, State of Alabama.
Forms: Application for Adjuster's License - Form AL-90 |