OR| The Oregon Division of Financial Regulation announces the creation of a new public adjuster license class, distinct from the independent adjuster license. Applicants can apply for a public adjuster license through NIPR, and paper applications for public adjusters will no longer be accepted after August 15, 2025. The memo also notes that licensees cannot hold both independent and public adjuster licenses at the same time, and that all nonresident applicants must already hold the equivalent license in their domicile state.
Key points:
- Oregon has established a separate public adjuster license, effective August 18, 2025, with applications to be submitted online via NIPR.
- Adjusters cannot simultaneously hold both independent and public adjuster licenses in Oregon.
- Nonresident public adjuster applicants must hold a public adjuster license in their domicile state before applying in Oregon.