An Act Regarding Insurance Adjusters and Reporting Requirements for Insurance Companies
Maine Legislature, Session 125, LD 1773
Committee Amendment CA_A_H735 (House)
Amends: 24-A MRSA §1402, 24-A MRSA §1413

COMMITTEE AMENDMENT "A" to H.P. 1305, L.D. 1773, Bill, "An Act 
Regarding Insurance Adjusters and Reporting Requirements for Insurance Companies" 
Amend the bill by striking out all of sections 2 to 4 and inserting the following: 
'Sec. 2. 24-A MRSA §1402, sub-§l"G is enacted to read: 
G. 
An individual who satisfies the following with regard to portable electronic 
device insurance as defined under section 7001, subsection 6, paragraph A: 
(1) 
The individual collects claim information from, or furnishes claim 
information to, insureds or claimants and conducts data entry including entering 
data into an automated claims adjudication system; and 
(2) The individual is an employee of an adjuster licensed under this chapter or 
the adjuster's affiliate. 
No more than 25 individuals under the superVlSlOn of one licensed adjuster or 
insurance producer described under paragraph C may be exempt pursuant to this 
paragaph. 
For purposes of this paragraph, "automated claims adjudication system" means a 
preprogrammed computer system designed for the collection, data entry, calculation 
and final resolution of portable electronic device insurance claims that is used by an 
adjuster, insurance producer or supervised individual operating pursuant to this 
paragraph; complies with all claims payment requirements of the Maine Insurance 
Code; and is certified as compliant with this paragraph by a licensed adjuster that is 
an officer of a business entity licensed under this chapter. 
Sec. 3. 24-A MRSA §1413, sub-§2, as amended by PL 2001, c. 259, §14, is 
further amended to read: 
2. Officers; directors; members; partners. A business entity shall notify the 
superintendent of its members, directors, officers or partners, and of all executive officers 
and directors of entities owning and individuals owning, directly or indirectly, 51 % or 
COMMITTEE AMENDMENT 
COMMITTEE AMENDMENT "A" to H.P. 1305, L.D. 1773 
more of the outstandip.g voting securities of the ap12licant, within 14 days of a request for 
such information by the superintendent.' 
SUMMARY 
This amendment is the majority report and makes the following changes to the bill. 
S 
1. It makes clarifying changes to the provision that provides an exemption from 
licensing for certain individuals that perform clerical activities associated with claims 
adjustment for portable electronic device insurance. 
2. It removes language related to the reporting requirements for nonresident business 
entities. 
3. It removes the provision related to the licensure of a resident of Canada as an 
insurance adjuster. 
FISCAL NOTE REQUIRED 
(See attached) 
COMMITTEE AMENDMENT 
Approved: 02/28/12 
~a:C 
125th MAlr~E LEGISLATURE 
LD 1773 
LR 2569(02) 
An Act Regarding Insurance Adjusters and Reporting Requirements for Insurance Companies 
Fiscal Note for Bill as Amended by Committee Amendment ,A" l H -735 j 
Committee: Insurance and Financial Services 
Fiscal Detail and Notes 
Fiscal Note Required: Yes 
Fiscal Note 
Minor cost increase - Other Special Revenue Funds 
Minor revenue increase - Other Special Revenue Funds 
The cost and revenue impact to the Department of Professional and Financial Information is expected to be minor and 
can be absorbed within existing budgeted resources. 
LR2569(02) - Fiscal Note - Page 1 of 1