PART XIV AGENTS, BROKERS AND ADJUSTERS
Licences of insurance adjusters
397 (1) The Chief Executive Officer may, upon the payment of the fee established by the Minister and of any outstanding administrative penalty imposed under Part XVIII.1, issue to any suitable person a licence to act as an adjustor, but a person licensed as an insurance agent under this Part or an insurance broker under the Registered Insurance Brokers Act shall not receive a licence to act as an insurance adjuster. 2019, c. 14, Sched. 9, s. 15. Application to be filed with Chief Executive Officer (2) The applicant for the licence shall file with the Chief Executive Officer an application on a form approved by the Chief Executive Officer and shall provide any other information, material and evidence that the Chief Executive Officer may require.  2011, c. 9, Sched. 21, s. 5; 2014, c. 9, Sched. 3, s. 17 (1); 2018, c. 8, Sched. 13, s. 22. Licence to be in force one year (3) If the Chief Executive Officer is satisfied with the statements and information required, the Chief Executive Officer shall issue the licence, which expires on the 30th day of June in each year unless sooner revoked or suspended.  R.S.O. 1990, c. I.8, s. 397 (3); 2018, c. 8, Sched. 13, s. 22. Withdrawal of application (3.1) Subsections 392.3 (5) and (6) apply, with necessary modifications, with respect to the withdrawal of an application for a licence. 2014, c. 9, Sched. 3, s. 17 (2). Refusal to issue licence, etc. (3.2) Subsections 392.4 (3) and (4) apply, with necessary modifications, if the Chief Executive Officer proposes to refuse to issue a licence or proposes to impose conditions on the licence without the applicant’s consent. 2014, c. 9, Sched. 3, s. 17 (2); 2018, c. 8, Sched. 13, s. 22. Amendment of licence (3.3) Subsections 392.4 (5) and (6) apply, with necessary modifications, with respect to the amendment of an adjuster’s licence. 2014, c. 9, Sched. 3, s. 17 (2). Renewal of licence (4) An adjuster who wishes to apply for renewal of his, her or its licence shall submit an application to the Chief Executive Officer in the manner required by the Chief Executive Officer and shall give the Chief Executive Officer such information, evidence and material as he or she may require and pay the applicable fee. 2014, c. 9, Sched. 3, s. 17 (3); 2018, c. 8, Sched. 13, s. 22. Same (5) Subsections 392.3 (2) and (4) to (6) and 392.4 (1), (3) and (4) apply, with necessary modifications, with respect to the application for renewal of an adjuster’s licence. 2014, c. 9, Sched. 3, s. 17 (3). Revocation or suspension of licence (6) Section 392.5 (revocation or suspension of agent’s licence) applies, with necessary modifications, with respect to the revocation or suspension of an adjuster’s licence. 2014, c. 9, Sched. 3, s. 17 (3). Surrender of licence (6.1) Section 392.7 (surrender of agent’s licence) applies, with necessary modifications, with respect to the surrender of an adjuster’s licence. 2014, c. 9, Sched. 3, s. 17 (3). Offence (7) A person who acts as an adjuster without such a licence or during a suspension of the person’s licence is guilty of an offence.  R.S.O. 1990, c. I.8, s. 397 (7). Section Amendments with date in force (d/m/y) 1997, c. 28, s. 124 - 01/07/1998 2004, c. 31, Sched. 20, s. 9 - 16/12/2004 2011, c. 9, Sched. 21, s. 5 - 12/05/2011 2012, c. 8, Sched. 23, s. 71 (1, 2) - 01/01/2013 2014, c. 9, Sched. 3, s. 17 (1-3) - 01/01/2015 2018, c. 8, Sched. 13, s. 22 - 08/06/2019 2019, c. 14, Sched. 9, s. 15 - 10/12/2019