CHAPTER 93
HB 482 – FINAL VERSION
2015 SESSION
15-0477
01/05
HOUSE BILL 482
AN ACT relative to the insurance claims adjuster definition.
SPONSORS: Rep. Hunt, Ches 11; Rep. Butler, Carr 7
COMMITTEE: Commerce and Consumer Affairs
This bill clarifies the home state of an insurance claims adjuster.
This bill is a request of the insurance department.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
15-0477
01/05
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Fifteen
AN ACT relative to the insurance claims adjuster definition.
Be it Enacted by the Senate and House of Representatives in General Court convened:
93:1 Insurance Claims Adjusters; Definition Added. Amend the section heading, paragraph I, and the introductory paragraph of paragraph II of RSA 402-B:2 to read as follows:
402-B:2 [Definition] Definitions; Exemption.
I. “Home state” means the District of Columbia and any state or territory of the United States in which an insurance claims adjuster maintains his or her principal place of residence or principal place of business and is licensed to act as an insurance claims adjuster. If such state does not issue an insurance claims adjuster license for the line of business sought, the insurance claims adjuster may designate as his or her “home state” any state in which the insurance claims adjuster qualifies pursuant to the provisions of RSA 402-B.
II. In this chapter, “insurance claims adjuster” means a person who investigates, negotiates, or settles property, casualty, or workers’ compensation claims whether employed by or contracted by or with an insurer, a claims adjusting company, or a third party administrator.
[II.] III. The provisions of this chapter shall not apply to the following:
93:2 Effective Date. This act shall take effect 60 days after its passage.
Approved: June 5, 2015
Effective Date: August 4, 2015