Sets free look period on adjuster contract at 10 days and timely rescission must be in writing; includes notice that public adjuster may not solicit or attempt to solicit clients.
Public adjuster prohibited from soliciting clients between 8:00 pm and 8:00 am.
Public adjuster who enters into contract during or within 72 hours after loss creating claim shall provide notice to MD INS that public adjuster had entered into the contract.
Notice must be provided within one business day in form that MD INS permits.
Legislative History
On Jan. 10, 2024, bill introduced in the House; on Mar. 18, 2024, bill passed House.
On Mar. 18, 2024, bill introduced in the Senate; on Apr. 3, 2024, bill passed Senate.
On Apr. 5, 2024, House concurred Senate amendments, bill was passed enrolled.
Effectiveness
Upon approval by governor or veto override, bill HB 36 is effective Oct. 1, 2024.
May 2024 MD LEG Governor Approval
On May 17, 2024, MD LEG reported governor approved bill HB36, assigned Ch. 826.
In Jul. 2024, MD INS gave guidance on protections for public adjusters, see #220370.
