Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1913-08-29
No. 907. Al Published May %. 1918.
CHAPTER 3t6 LAWS OF 1919

AN ACT 10 create section l94sm Of the statutes
relating to fire Insurance adiusters.
The people of the State Of Wisconsin, represented In
senate and Assembly, do enact follows:
Section l. There is added to the statutes new
section to read: Section l9f3m. l. No person.
other than agent holding certificate of authority
under section 1875 shall make adjustment Of
loss damage ly FIRE unless he shall hold a certi
ncate Of authority rcm the commissioner of insurance
under this section after making the first adjust
mcnt within any license year. make application for
such certificate Of authority as provided In this
section
adiusier. expiring January 5lst, following. may be
issued TO any person fling application form
prescribed and furnished by him and upon the pay
ment OF license fee of dollar.
g. Such certificate of authority shall be revoked
by the commissioner OF insurance. if after due in
vestigation and hearing had either before himself
a salarIed employee Of the insurance department
designated by him. whose report he may adopt, he
determines that the holder Of such certificate has
violated any provision Of the law relating to insur
Rce. No person whose certificate Of authority is so
revoked. shall be granted other such certificate
star thereafter. shall he until again
tlorzed. ACT employee participate in the profits
of any fire insurance adJusteT
l. A person shall not be held 70 violate this
ton by making his first adjustment during license
year prior to obtaining such certneate OF authority
provided that he shall within two days after enter
ing upon such adjustment make application therefor
and shall In all other respects comply with this
section.
> Upon the completion >of each adjustment Of loss
or damage by fire report thereof upon for1n
prescribed by the commissioner Of insurance shall
he made and signed with each adjuster participating
therein and by the insured or someone authorized
thereto on hts bea and shall be fled with the chief
- me IRE department as deputy fire marshal or If
none, then with the state FIRE marshal A duplicate
thereof shall be filed with each inspection bureau Of
which the companies effectng such insurance are
members.
6, No loss shall be paid by company unless
the report Of the adjustment signed by the adjuster
shall show that the report and duplicates required by
this section have been filed.
Z. The deposits Of such report in the mails
properly scaled. addressed and postpaid shall be
SUFFICIENT filing.
S, This section shall apply to and include all
persons who act in the capacity specified in sub
section I for any insurance company or insured
and TO all persons to act advisory adiusters
for the insured for compensation In of loss or
damage by fire. excepting acting as attorneys
IN the ordinary relation Of attorney and client.
s. No compensation which shall be based on the
excess OF recovery stipulated sum. or on
percentage upon the amount Of recovery In excess OF
FIVE per cent Of the amount OF such recovery plus
actual transportation charges and hotel bills shall
be paid agreed 10 be paid FOR the seryices OF any
fire insurance sdiuster and any contract for COM
pensAuon in Violation Of the within mentioned con
ditions shall be void
Section o This act shall tako eject and Be In
force from and after January l. 1914
Approved May ~. 1913