MD | The Maryland Insurance Administration has issued Bulletin 22-07.
The purpose of this bulletin is to remind public adjusters of those provisions of subtitle 4, Title 10 of the Insurance Article that regulate: (a) compensation agreements between public adjusters and the insureds who they represent, including the disclosure of compensation received by a public adjuster from contractors and other vendors performing services for which the consumer is seeking coverage under an insurance policy; and (b) the handling of settlement funds received on behalf of an insured.