Posts Tagged: exit the market

Opinion

Don’t fix unbroken system for claims adjusters

Destruction from last year's Wine Country fires. (Photo: Janos Rautonen, via Shutterstock)

OPINION: The current system allows claims adjusting companies that employ professional adjusters to secure a license covering its employees, which is practical and efficient and meets the needs of California’s consumers. Far from unique, this system has been proven to work in states like Montana and Utah. However, if the department’s bill, SB 1291 is enacted, it would totally upend a perfectly functional system for licensing independent insurance adjusters by disallowing state licensing for companies to cover its professionals

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