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Insurance Code | |
Insurance Adjusters | |
Section 101 | Purposes. |
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31A-26-101. Purposes. The purposes of this chapter are: (1) to promote the professional competence of those engaged in claims adjusting; (2) to encourage fair and rapid settlement of claims; (3) to protect claimants under insurance policies from unfair claims adjustment practices; (4) to prevent compensation arrangements for insurance adjusters that endanger the fairness of claim settlements; and (5) to govern the qualifications and procedures for the licensing of insurance adjusters.
Amended by Chapter 116, 2001 General Session |
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