Public Adjuster Professional Standards Reform Act

The purpose of this bill is to create the "West Virginia Public Adjuster Professional Standards Reform Act." The bill providing a title. The bill creates the application for licensure. The bill details the public adjuster and insured contract requirements. The bill creates an insured's rights. The bill provides requirements for funds received or held by a public adjuster. The bill creates fees and commissions for a public adjuster. The bill provides for penalties. The bill creates rules. Finally, the bill provides for an effective date.