Publication Date
2022-04-11
effective date
2022-04-11
jurisdiction
North Carolina Releases Bulletin on Catastrophic Event Procedures
In the event of a catastrophe the following procedure will need to be followed for motor vehicle appraisers.
Requirements: - An ID badge is required - Must be an insurance adjuster licensed by NC OR a vehicle damage appraiser licensed by NC OR a regular employee of an insurance adjuster OR a regular employee of motor vehicle damage appraisers licensed by the state Details: - License term is 30 days - At the time of deployment, the employer must provide to the Licensing Section-Agent Services Division written notification with name name, state of residence, and license status of the adjuster/appraiser. This is to be emailed to CATAdjusterRequest@ncdoi.gov. See the attachment for the original announcement.
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.
categories
Adjuster