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Session Laws, 1995
Volume 793, Page 1264   View pdf image
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Ch. 36                                     1995 LAWS OF MARYLAND

Also in items (2) and (3) of this subsection, the former word "reward" is
deleted as included in the general reference to "compensation". Similarly, in
item (3) of this subsection, the former phrase "whether by way of salary or
commission or otherwise" is deleted as surplusage.

Defined terms: "Insurance" § 1-101
"Person" § 1-101
"Policy" § 1-101

10-402. SCOPE OF SUBTITLE.

THIS SUBTITLE DOES NOT APPLY TO:

(1)     AN ADJUSTER FOR OR AN AGENT OR EMPLOYEE OF AN INSURER OR
GROUP OF INSURERS UNDER COMMON CONTROL OR OWNERSHIP THAT, AS
REPRESENTATIVE OF THE INSURER OR GROUP, ADJUSTS LOSSES OR DAMAGES
UNDER POLICIES ISSUED BY THE INSURER OR GROUP;

(2)     A BROKER THAT ACTS AS AN ADJUSTER WITHOUT COMPENSATION
FOR AN INSURED FOR WHOM THE BROKER IS ACTING AS A BROKER; OR

(3)     AN ATTORNEY AT LAW WHO DOES NOT:

(I)      REGULARLY ACT AS A PUBLIC ADJUSTER; AND

(II)     REPRESENT TO THE PUBLIC BY SIGN, ADVERTISEMENT, OR
OTHERWISE THAT THE ATTORNEY AT LAW ACTS AS A PUBLIC ADJUSTER.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 181(k).

In item (3)(i) of this section, the phrase "act as a public adjuster" is
substituted for the former reference to "services authorized by this section to
be performed by public adjusters" for brevity and to conform to terminology
used throughout this subtitle. Similarly, in item (3)(ii) of this section, the
phrase "acts as a public adjuster" is substituted for the former reference to
"offering such services" for clarity.

Defined terms: "Agent" § 1-101
"Broker" § 1-101
"Policy" § 1-101
"Insurer" § 1-101
"Public adjuster" § 10-401

10-403. LICENSE REQUIRED.

EXCEPT AS OTHERWISE PROVIDED IN THIS SUBTITLE, A PERSON MUST OBTAIN
A LICENSE BEFORE THE PERSON ACTS AS A PUBLIC ADJUSTER IN THE STATE.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 181(b).

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Session Laws, 1995
Volume 793, Page 1264   View pdf image
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