Source: http://www.tdi.texas.gov/rules/2003/1013b-059.html
Timestamp: 2016-04-30 09:00:47
Document Index: 575540482

Matched Legal Cases: ['§19', '§19', '§19', '§19', '§19', '§19', '§19', '§19', '§19', '§19', '§19', '§19', '§19', '§19', '§15', '§19', '§5', '§19', '§19', '§19', '§5', '§19', '§19', '§23', '§23', '§22', '§19', '§19', '§36', '§2054', '§3', '§4', '§1', '§3', '§3', '§29', '§801', '§2054', '§36', '§801', '§19', '§2054', '§19', '§19', '§1', '§10', '§19', '§5', '§19', '§19', '§19', '§19', '§5', '§1', '§81', '§19', '§19', '§19', '§19', '§19', '§862', '§19', '§15', '§19', '§19', '§19', '§19', '§19', '§5', '§7', '§3', '§1', '§2', '§2', '§2']

. 1013b-059
28 TAC §19.603
28 TAC §§19.701 ­ 19.712
28 TAC §19.802
The Commissioner of Insurance adopts amendments to §§19.603, 19.802, and 19.1002, and new §§19.701-19.712 concerning public insurance adjusters. The amended §§19.603, 19.802, 19.1002 and new §§19.701 ­ 19.703, 19.705 -19.707, and 19.709 -19.712 are adopted without changes to the proposed text as published in the August 22, 2003 issue of the Texas Register (28 TexReg 6704) and will not be republished. Sections 19.704 and 19.708 are adopted with changes.
The amendments and new sections are necessary to implement the public insurance adjuster license type added by the enactment of Insurance Code Article 21.07-5 by Senate Bill 127, 78th Legislature, Regular Session. The adoption of the repeal of §§19.701 ­ 19.709 is published elsewhere in this issue of the Texas Register .
These new and amended sections implement Article 21.07-5 and provide effective regulation of public insurance adjusters. Senate Bill 127 added, for the first time, licensing requirements for public insurance adjusters and a structure to regulate the activities of such adjusters, who are defined in the law as those persons who, for compensation, take certain actions, including negotiating or settling claims on behalf of insureds for loss or damage under policies of insurance covering real or personal property. The adopted sections provide further guidance to enhance the requirements of Article 21.07-5, consistent with the statute's public protection goals, by establishing requirements for: registering public insurance adjuster trainees and licensing resident and nonresident corporations, partnerships, and individuals; maintaining and demonstrating financial responsibility; setting license and certificate fees; completing continuing education; reporting criminal history and providing fingerprints; prescribing contract terms; and defining the term "advertisement" as used in Article 21.07-5.
The amendments to §19.603 remove an obsolete reference to public insurance adjusters and update references to the department.
New §19.701 references definitions of terms used in the proposed new subchapter. Section 19.702 establishes the type of public insurance adjuster license. Section 19.703 establishes the criteria for registering and renewing temporary training certificates. Section 19.704 references statutory licensing criteria for individuals and establishes the criteria for licensing corporations and partnerships as public insurance adjusters.
Section 19.705 establishes the financial responsibility requirement for public insurance adjusters. The requirement is based on the perils that the financial responsibility must cover under Article 21.07-5, other Insurance Code financial responsibility requirements, and the type and amount of financial responsibility required in other states that license public insurance adjusters. Section 19.706 establishes financial responsibility reporting requirements for public insurance adjusters. Section 19.707 establishes the acceptable type of financial responsibility. These two amended sections are based on the department's current procedures and requirements for other license types that maintain financial responsibility through surety bonds.
Section 19.708 establishes public insurance adjuster contract requirements. Section 19.709 establishes criminal history filing requirements for nonresident public insurance adjuster applicants and clarifies the timing of the annual nonresident affidavit. Section 19.710 establishes criminal history filing requirements for nonresident persons required to file biographical information under §19.704. Section 19.711 establishes fingerprint requirements for public insurance adjuster applicants. Section 19.712 defines the term "advertisement."
The amendments to §19.802 add paragraphs (b)(20) and (21) and establish licensing and renewal fees for public insurance adjusters and temporary certificate holders. The amendment to §19.1002 (b)(16) incorporates public insurance adjusters into the department´s existing licensee continuing education program.
General: Commenters expressed support for the proposal and their intent to continue working with the department in the coming months regarding the development of the public insurance adjusters code of ethics and other potential rules and regulations.
Response: The Department appreciates these comments and welcomes the input of interested parties as we continue the implementation of SB 127.
§§19.701(b)(1) and (2) and 19.704(c)(1)(A):A commenter noted that the proposed rule would not permit a foreign corporation or partnership to be licensed as a public insurance adjuster.
Response: The department agrees that these sections do not permit issuing a public insurance adjuster license to entities that are organized under the laws of foreign governments. This is consistent with the Article 21.07-5 §15A (a) requirement that entities be organized under the laws of a state of the United States. The department has inserted the term "territory" to clarify that the proposal relies on the definition of the term "state" at Government Code Section 311.005 (7), which includes all areas under the jurisdiction of the United States.
§19.704(c)(7): A commenter requested a clarification of the requirement that each officer, director, member, manager, partner, or any other person who has the right or ability to control the license holder meet the qualifications for licensure set forth in Insurance Code Article 21.07-5 §§5A and 15A.
Response: The department has reviewed §19.704(c)(7), as well as §19.704(c)(8), and has determined that §19.704(c)(8) alone is sufficient to meet the Article 21.07-5 §§5A and 15A requirements that the department adopt entity licensing rules analogous to the provisions of Article 21.07. To clarify the requirement, the department is removing the proposed §19.704(c)(7) and renumbering the remaining provisions.
§19.708(b)(7) - (10):A commenter questioned the number of disclosures and suggested that the disclosure clause referring to "cancellation" actually refer to the law that controls rescinding the contract.
Response: The disclosures are for the purpose of providing consumers with basic information about public insurance adjusters and the consumer's rights under the contract and Insurance Code. The commissioner is authorized to require these additional disclosures under Article 21.07-5 §23(d). Of the proposed disclosures, two clauses refer to rescinding contracts. Both are based on Article 21.07-5. Section 19.708(b)(7)(A) is based on the Article 21.07-5 §23(d) requirement that each public insurance adjuster contract contain a clause stating that the contract may be canceled on written notice to the licensee within 72 hours of signature. Section 19.708(b)(8) is based on the Article 21.07-5 §22(b) requirements regarding compensation. In reviewing these sections the department agrees with the commenter that the clause at §19.708(b)(7)(A) does not fully refer to the Article 21.07-5 requirement that the rescission must be by "written notice to the licensee." To avoid confusion for consumers, the department has changed this disclosure to clarify this requirement.
§19.708(b)(10):A commenter questioned the type of information the department will be providing to consumers contacting the department with questions or complaints at the 1- 800 number required in this disclosure.
Response: The department's consumer protection division is responsible for handling calls received at the 1-800 number. That division routinely responds to questions such as whether persons and firms are properly licensed to engage in a regulated activity, and regarding how to file complaints with the department. That division will process inquiries and complaints received regarding public insurance adjusters in a similar manner to that by which it processes inquiries and complaints regarding other licensees and insurance carriers.
NAMES OF THOSE COMMENTING
FOR AND AGAINST THE SECTIONS.
For:Office of Public Insurance Counsel.
For with changes: Beneke Adjusters International
These sections are adopted under Insurance Code Articles 21.01, 21.01-1, 21.01-2, and 21.07-5, and §§36.001 and 801.056, and Government Code §2054.252. Article 21.01 §3 provides that Insurance Code Chapter 21, Subchapter A applies to the listed licensees and §4 authorizes the commissioner to adopt rules to implement the subchapter. Article 21.01-1 §1 authorizes the commissioner to require applicants to take examinations through a department-designated vendor. Article 21.01-1 §3 authorizes the commissioner to develop a continuing education program for licensees. Article 21.01-2 §3A authorizes the commissioner to refuse, deny, revoke or suspend a license or license application. Article 21.07-5 §29 authorizes the department to adopt rules necessary to implement Article 21.07-5 and define the term advertisement. Insurance Code §801.056 authorizes the commissioner to require applicants to submit a complete set of fingerprints prior to licensure. Government Code §2054.252(g) requires the department to increase licensing fees in an amount sufficient to cover the Texas OnLine Authority subscription fee cost. Insurance Code §36.001 authorizes the Commissioner of Insurance to adopt any rules necessary and appropriate to implement the duties and powers of the Texas Department of Insurance under the Insurance Code and other laws of this state.
The following statutes are affected by the proposal: Insurance Code Article 21.07-5 Insurance Code Articles 21.01, 21.01-1, 21.01-2, 21.07-5, and §801.056 §19.802 Government Code §2054.252 and Insurance Code Articles 21.01-1 and 21.07-5 §19.1002 Insurance Code Articles 21.01, 21.01-1, and 21.07-5
§19.603. Interpretations of the Act.
(a) For the purpose of administration of the Act:
(1) the phrase "undisputed and/or uncontested losses" as used in the Act, §1(b)(4), means "losses that do not involve negotiations between the parties on issues involving coverage, damage, or liability";
(2) the word "principally" as used in the Act, §10(a)(1), is interpreted to mean "regularly" as used elsewhere in the Act;
(3) the word "regularly" means "acting in the capacity of an adjuster as a routine part of established employment duties."
(b) Marine surveyors, as usually and customarily defined, are not subject to licensing under the Act, unless they regularly investigate, adjust, or supervise losses on behalf of an insurer or self-insured.
(c) The department recognizes that certain risks are commonly referred to as "self-insured" or "self-handlers" in reference to insurance claims and losses. For the purposes of administration of the Act and in reference to those entities operating as such, the department interprets that any individual specifically employed for the purpose of supervision, investigation, or adjusting of losses is subject to the provisions of the Act, and the individual or individuals who have the primary responsibility for the supervision, investigation, or adjustment of losses is subject to the provisions of the Act.
§19.701. Definitions.
(1) Corporation--A legal entity that is organized under the business corporations laws or limited liability company laws of this state, another state, or a territory of the United States . The licensing and regulation of a limited liability company is subject to all provisions of this subchapter that apply to a corporation licensed under this subchapter.
(2) Partnership--An association of two or more persons organized under the partnership laws or limited liability partnership laws of this state, another state, or a territory of the United States . The term includes a general partnership, limited partnership, limited liability partnership, and limited liability limited partnership.
(3) Public Insurance Adjuster--A person licensed under Insurance Code Article 21.07-5 §§5, 5A, 15 or 15A or §19.704 of this subchapter (relating to Public Insurance Adjuster Licensing).
§19.702. Type of Public Insurance Adjuster Licenses. The department shall issue a single public insurance adjuster license pursuant to Insurance Code Article 21.07-5 and the provisions of this subchapter.
§19.703. Temporary Training Certificates.
(a) A temporary training certificate applicant must file with the department a fully completed application, on a form as required by the commissioner, that is accompanied by the temporary certificate application fee, proof of financial responsibility and any other information the commissioner deems necessary.
(b) An individual may not hold more than two 180-day temporary training certificates, including renewals, during an 18 month period.
(c) Except as prohibited in subsection (b) of this section, an individual may renew a temporary training certificate by filing with the department 30 days prior to the expiration of an existing temporary training certificate a fully completed application, on a form as required by the commissioner, that is accompanied by the temporary certificate renewal fee, proof of financial responsibility and any other information the commissioner deems necessary.
§19.704. Public Insurance Adjuster Licensing.
(a) Any individual that desires a public insurance adjuster license must file with the department a fully completed license application, on a form as required by the commissioner, and otherwise meet the licensing qualification requirements of Insurance Code Article 21.07-5 §§5 or 15 and this subchapter.
(b) Any corporation or partnership that desires a public insurance adjuster license must file with the department a fully completed license application on a form as required by the commissioner.
(c) The department shall issue a license to a resident or nonresident corporation or partnership if the department finds that:
(A) organized under the laws of this state or any other state or territory of the United States ;
(B) admitted to conduct business in this state by the secretary of state, if required; and
(C) authorized by its articles of incorporation or its partnership agreement to act as a public insurance adjuster;
(2) the corporation or partnership meets the definition of that entity adopted under Insurance Code Article 21.07 §1A;
(3) at least one officer of the corporation or one active partner of the partnership and all other persons performing any acts of a public insurance adjuster on behalf of the corporation or partnership in this state are individually licensed by the department separately from the corporation or partnership;
(4) the corporation or partnership intends to be actively engaged in the business of public insurance adjusting;
(5) the corporation or partnership has filed a separate registration with the department for each location from which it will conduct business as a public insurance adjuster;
(6) the corporation or partnership has submitted the application, appropriate fees, proof of financial responsibility, and any other information required by the department; and
(7) no officer, director, member, manager, partner, or any other person who has the right or ability to control the license holder has:
(A) had a license suspended or revoked or been the subject of any other disciplinary action by a financial or insurance regulator of this state, another state, or the United States ;
(B) committed an act for which a license may be denied under Insurance Code Article 21.01-2 or 21.07-5.
(d) Nothing contained in this section shall be construed to permit any unlicensed employee or representative of any corporation or partnership to perform any act of a public insurance adjuster without obtaining a public insurance adjuster license.
(e) Each corporation or partnership applying for a public insurance adjuster license shall file, under oath, on a form developed by the department, biographical information for each of its executive officers and directors or unlicensed partners who administer the entity's operations in this state, and shareholders who are in control of the corporation, or any other partners who have the right or ability to control the partnership. If any corporation or partnership is owned, in whole or in part, by another entity, a biographical form is required for each individual who is in control of the parent entity.
(f) Each corporation or partnership shall notify the department not later than the 30th day after the date of:
(1) a felony conviction of a licensed public insurance adjuster of the entity or any individual associated with the corporation or partnership who is required to file biographical information with the department;
(2) an event that would require notification under Insurance Code §81.003; and
(g) A person may not acquire in any manner any ownership interest in an entity licensed as a public insurance adjuster under this subchapter if the person is, or after the acquisition would be directly or indirectly in control of the license holder, or otherwise acquire control of or exercise any control over the license holder, unless the person has filed the following information with the department under oath:
(3) a statement certifying that, immediately on the change of control, the license holder will be able to satisfy the requirements for the issuance of the public insurance adjuster license; and
(4) any additional information that the commissioner may prescribe as necessary or appropriate to the protection of the insurance consumers of this state or as in the public interest.
(h) If a person required to file a statement under subsection (g) of this section is a partnership, limited partnership, syndicate, or other group, the commissioner may require that the information required by paragraphs (1)-(4) of that subsection for an individual be provided regarding each partner of the partnership or limited partnership, each member of the syndicate or group, and each person who controls the partner or member. If the partner, member, or person is a corporation or the person required to file the statement under subsection (g) of this section is a corporation, the commissioner may require that the information required by paragraphs (1)-(4) of that subsection be provided regarding:
(i) The department may disapprove an acquisition of control if, after notice and opportunity for hearing, the commissioner determines that:
(1) immediately on the change of control the license holder would not be able to satisfy the requirements for the public insurance adjuster license;
(3) the acquisition of control would violate the Insurance Code or another law of this state, another state, or the United States .
(j) Notwithstanding subsection (h) of this section, a change in control is considered approved if the department has not proposed to deny the requested change before the 61st day after the date the department receives all information required by this section.
(k) The commissioner is the corporation's or partnership's agent for service of process in the manner provided by Insurance Code Chapter 804 in a legal proceeding against the corporation or partnership if:
(1) the corporation or partnership licensed to transact business in this state fails to appoint or maintain an agent for service in this state;
(2) an agent for service cannot with reasonable diligence be found; or
(3) the license of a corporation or partnership is revoked.
(l) If a license holder does not maintain the qualifications necessary to obtain the license, the department shall revoke or suspend the license or deny the renewal of the license under Insurance Code Article 21.01-2 or 21.07-5.
(m) Each public insurance adjuster shall maintain all insurance records, including all records relating to customer complaints received from customers and the department, separate from the records of any other business in which the person may be engaged and in the manner specified in Insurance Code Article 21.07-5.
(n) The department may license a depository institution or entity chartered by the federal Farm Credit Administration under the farm credit system established under 12 U.S.C. Section 2001 et seq., as amended, to act as a public insurance adjuster in the manner provided for the licensing of a corporation under this section.
§19.705. Financial Responsibility Requirement.
(a) Each public insurance adjuster, as a condition for being licensed, and each trainee as a condition for receiving a temporary training certificate and as a condition for continuing the license or training certificate in force, must maintain proof of financial responsibility by obtaining a surety bond in the principal sum of not less than $10,000 that covers all the required perils and losses set forth under Insurance Code Article 21.07-5 §
(b) Each public insurance adjuster and trainee must obtain separate proof of financial responsibility and may not rely on the bond of any other public insurance adjuster or trainee to demonstrate proof of financial responsibility.
§19.706. Demonstrating Financial Responsibility. The public insurance adjuster applicant, licensee, or trainee shall demonstrate proof of financial responsibility by providing to the department the original surety bond upon application, renewal, or replacement of the bond.
§19.707. Type of Financial Responsibility. A surety bond used to maintain and demonstrate proof of financial responsibility under §§19.705 and 19.706 of this subchapter (relating to Financial Responsibility Requirement and Demonstrating Financial Responsibility) must:
(1) be in the form specified by the department;
(2) be executed by the public insurance adjuster as principal and a surety company authorized to do business in this state as surety;
(3) be payable to the Texas Department of Insurance for the use and benefit of an insured, conditioned that the public insurance adjuster shall pay any final judgment recovered against it by an insured;
(4) provide that the surety will give no less than 30 days written notice of bond termination to the licensee and the department;
(5) be separate from any other financial responsibility obligation; and
(6) not be used to demonstrate professional responsibility for any other license, certification, or person.
§19.708. Public Insurance Adjuster Contracts.
(a) A public insurance adjuster may not, directly or indirectly, act within this state as a public insurance adjuster without having first entered into a written contract executed in duplicate by the licensee and the insured or the insured's duly authorized representative.
(b) A public insurance adjuster's written contract with an insured must contain:
(1) the name, address, and license number of the public insurance adjuster negotiating the contract and, if applicable, the name, address, and license number of the public insurance adjuster's employing public insurance adjuster;
(2) the public insurance adjuster's telephone and fax number, including area code;
(3) the mailing and physical addresses to which notice of cancellation and all communications to the public insurance adjuster may be delivered;
(4) if any part of the contract or solicitation is made via the internet, the e-mail and website address to which notice of contract cancellation and all communications to the public insurance adjuster may be delivered;
(5) the date and time the contract was signed;
(6) for each nonresident public insurance adjuster named in the contract, the name and address of the nonresident public insurance adjuster's agent for service of process;
(7) the following separate statements in 12 point bold faced type on the signature page of the contract:
(A) "NOTICE: THE INSURED MAY CANCEL THIS CONTRACT BY WRITTEN NOTICE TO THE PUBLIC INSURANCE ADJUSTER WITHIN 72 HOURS OF SIGNATURE FOR ANY REASON.";
(B) "WE REPRESENT THE INSURED ONLY."; and
(C) "YOU ARE ENTERING INTO A SERVICE CONTRACT. YOU ARE BEING CHARGED A FEE FOR THIS SERVICE. YOU DO NOT HAVE TO ENTER INTO THIS CONTRACT TO MAKE A CLAIM FOR LOSS OR DAMAGE ON A POLICY OF INSURANCE.";
(8) the statement: "If the insurance carrier pays or commits in writing to pay to the insured the policy limits of the insurance policy in accordance with Insurance Code Article 6.13 or §862.053 within 72 hours of the loss being reported to the insurer, the public insurance adjuster is not entitled to compensation based on a percentage of the insurance settlement, but is entitled to reasonable compensation for the public insurance adjuster's time and expenses provided to the insured before the claim was paid or the written commitment to pay was received.";
(9) the statement: "NOTICE: A public insurance adjuster may not participate directly or indirectly in the reconstruction, repair, or restoration of damaged property that is the subject of a claim adjusted by the public insurance adjuster or engage in any other activities that may reasonably be construed as presenting a conflict of interest, including soliciting or accepting any remuneration from, or having a financial interest in, any salvage firm, repair firm, or other firm that obtains business in connection with any claim the public insurance adjuster has a contract or agreement to adjust.";
(10) on the first or second page of the contract, the following English and Spanish notices in 10 point bold faced type:
(A) "IMPORTANT NOTICE: You may contact the Texas Department of Insurance to obtain information on public insurance adjusters, your rights and complaints at: 1-800-252-3439 or you may write the Texas Department of Insurance at P. O. Box 149104, Austin, Texas 78714-9104, Fax # (512) 475-1771.";
(B) "ADVISO IMPORTANTE: Puede comunicarse con el Departamento de Seguros de Texas para obtener informaciaon acera ajustores publicos de seguros, o sus derechos o quejas al: 1-800-252-3439 o puede escribir al Departamento de Seguros de Texas P. O. Box 149104, Austin, Texas 78714-9104, Fax # (512) 475-1771."; and
(11) a clear statement of the public insurance adjuster´s commission including:
(A) the method of calculating compensation for the public insurance adjuster, either hourly, flat fee, or percentage of settlement; and
(B) a statement that under any method of compensation the total commission payable to the public insurance adjuster may not exceed 10% of the amount of the insurance settlement.
(c) The contract may not contain any terms or conditions which have the effect of limiting or nullifying any requirements of the Insurance Code, this subchapter, or other rules of the department.
§19.709. Nonresident Applicants and License Holders.
(a) An applicant for a nonresident public insurance adjuster license or temporary certificate must, through the law enforcement agency of the applicant's state of residence, submit a copy of the applicant's criminal history records to the department. The department shall use the criminal history records to determine eligibility for issuance of a license in accordance with this subchapter and other laws of this state.
(b) The annual nonresident affidavit required by Insurance Code Article 21.07-5 §15(d) shall be made on a form available from the department and filed one year after the date the license was issued and annually thereafter.
§19.710. Nonresidents Required to File Biographical Information. A nonresident who is required to file biographical information under §19.704 of this subchapter (relating to Public Insurance Adjuster Licensing) shall, through the law enforcement agency of the person's state of residence, submit a copy of the applicant's criminal history records to the department. The department shall use the criminal history records to determine eligibility for issuance of a license in accordance with this subchapter and other laws of this state.
(a) Any individual who submits to the department a new application to be licensed or registered under Insurance Code Article 21.07-5 and any individual from whom biographical information is required under §19.704 of this subchapter (relating to Public Insurance Adjuster Licensing) shall attach to the application or biographical information a completed, legible fingerprint card.
(b) Fingerprints obtained under this section shall be handled in the manner set forth in §19.1807 of this chapter (relating to Confidentiality and Custody of Fingerprint Cards).
§19.712. Advertisement.
(a) As used in Insurance Code Article 21.07-5, "advertisement" includes:
(1) printed and published material, audio visual material and descriptive literature of a public insurance adjuster used in direct mail, newspapers, magazines, radio, telephone and television scripts, internet web sites, billboards, and similar displays;
(2) descriptive literature and promotional aids of all kinds issued by a public insurance adjuster for presentation to members of the public, including circulars, leaflets, booklets, depictions, illustrations, and form letters;
(3) prepared promotional talks, presentations and materials for use by a public insurance adjuster, and those representations made on a recurring basis by a public insurance adjuster to members of the public;
(4) material used to:
(A) solicit contracts from insureds; or
(B) modify existing contracts;
(5) material included with a contract when the contract is delivered and materials used in the solicitation of contract renewals, extensions or reinstatements, except those extensions or reinstatements provided for in the contract;
(6) lead card solicitations, defined as communications distributed to the public which, regardless of form, content, or stated purpose, are intended to result in the compilation or qualification of a list containing names or other personal information regarding insureds who have expressed a specific interest in obtaining assistance with having their claims settled, and which are intended to be used to solicit residents of this state for the execution of a contract for a public insurance adjuster´s services; and
(7) any other communication directly or indirectly related to a public insurance adjuster contract, and intended to result in the eventual execution of such a contract.
(b) "Advertisement" does not include:
(1) communications or materials used within a public insurance adjuster´s own organization, not used as promotional aids and not disseminated to the public;
(2) communications with insureds other than materials soliciting insureds to enter, renew, extend or reinstate a contract for a public insurance adjuster´s services; and
(3) material used solely for the recruitment, training, and education of a public insurance adjuster´s personnel and subcontractors, provided it is not also used to induce the public to enter, renew, extend or reinstate a contract for a public insurance adjuster´s services.
(E) emergency application for license issued under Insurance Code Article 21.14 §5--$50 (for original application with no additional charge for renewal).
(E) emergency application for license issued under Insurance Code Article 21.07-3 §7--$50.
(18) Temporary license application--For license types authorized by Insurance Code Article 21.07 §3A to be issued on a temporary basis, $100 in addition to the original license application fee for each license type.
(C) qualifying examination $50.
(A) training certificate -- $50;
(B) renewal -- $50.
SUBCHAPTER K. CONTINUING EDUCATION AND ADJUSTER PRELICENSING EDUCATION PROGRAMS.
(a) Words and terms defined in Insurance Code Article 21.07 §1A shall have the same meaning when used in this subchapter .
(1) Adjuster--An individual licensed under Insurance Code Article 21.07-4.
(16) Licensee -- An adjuster or individual holding a license under the authority of Insurance Code Articles 21.07-1 §§2, 4 or 6 (general lines - life, accident, and health agent, limited lines agent, or life insurance not exceeding $15,000 agent); 21.07-2 (life and health insurance counselor); 21.07-3 (managing general agent); 21.07-5 (public insurance adjuster); or 21.14 §§2, 6, 8, or 9 (general lines - property and casualty agent, limited lines agent, insurance service representative or county mutual agent).
(19) Provider--An individual or organization including a corporation, partnership, depository institution, insurance company, or entity chartered by the Farm Credit Administration as defined in Insurance Code Article 21.07 §2(v), registered with the department to offer continuing education courses for licensees and/or prelicensing instruction for adjusters.