Publication Date
2024-10-22
jurisdiction
Maryland Proposed Amendments For Public Adjusters To Clarify Requirements
Posted October 21, 2024, Maryland proposed amendments to Public Adjusters aim to clarify requirements:

Define "business day" in relation to insurance claims.
Establish how to determine "the date of a loss giving rise to an insurance claim."
Outline the notification process for public adjusters regarding contracts for services entered into during or within 72 hours after a loss.

Please see the attachment for more information.
AgentSync Actions
Our compliance experts are constantly searching for and analyzing industry updates. Their findings are then recorded in the Regulatory Updates section of the Compliance Library to explain how the update impacts the insurance industry. If a change impacts an AgentSync product, this will be highlighted to inform you that the product is being updated to ensure you remain in compliance.
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This update has been reviewed by AgentSync compliance experts for industry impact and necessary automation in the AgentSync platform.
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Adjuster

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