KY | On March 17, 2023, the governor of Kentucky signed into law House Bill 232. This law makes significant changes to existing laws related to independent, staff, and public adjusters, including:
- Minimum financial responsibility requirements
- “Home state” definition
- Requirements for public adjuster contracts
- Public adjuster claims processing procedures
- Funds handling
- Fee requirements
- Regulations of public adjusters and public adjuster apprentices
Click here to read the law in full.