reglab/housing_qa huggingface dataset:
LA Rev Stat § 22:1697 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1697. Exemptions from examination

RS 1697 - Exemptions from examination A. An individual who applies for a public adjuster license in this state who was previously licensed as a public adjuster in another state based on a public adjuster examination shall not be required to complete any examination. This exemption is available only if the person is currently licensed in that state or if the application is received within twelve months of the cancellation of the applicant's previous license and if the prior state issues a certification that, at the time of cancellation, the applicant was in good standing in that state or the state's producer database records or records maintained by the NAIC, its affiliates, or subsidiaries, indicate that the public adjuster is or was licensed in good standing. B. An individual licensed as a public adjuster in another state based on a public adjuster examination who moves to this state shall make application within ninety days of establishing legal residence to become a resident licensee pursuant to R.S. 22:1695. No examination shall be required of that person to obtain a public adjuster license. C. An individual who applies for a public adjuster license in this state who was previously licensed as a public adjuster in this state shall not be required to complete any examination. This exemption is available only if the application is received within twelve months of the cancellation of the applicant's previous license in this state and if, at the time of cancellation, the applicant was in good standing in this state. Acts 2006, No. 806, §1; Redesignated from R.S. 22:1210.97 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2011, No. 94, §1, eff. Jan. 1, 2012.
LA Rev Stat § 22:1701 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1701. Evidence of financial responsibility

RS 1701 - Evidence of financial responsibility A. Prior to issuance of a license as a public adjuster and for the duration of the license, the applicant shall secure evidence of financial responsibility in a format prescribed by the commissioner of insurance through a security bond or irrevocable letter of credit: (1) A surety bond executed and issued by an insurer authorized to issue surety bonds in this state, which bond: (a) Shall be in the minimum amount of fifty thousand dollars. (b) Shall be in favor of this state and shall specifically authorize recovery by the commissioner of insurance on behalf of any person in this state who sustained damages as the result of erroneous acts, failure to act, conviction of fraud, or conviction of unfair practices in his capacity as a public adjuster; and (c) Shall not be terminated unless at least thirty days' prior written notice will have been filed with the commissioner of insurance and given to the licensee. (2) An irrevocable letter of credit issued by a qualified financial institution authorized to do and doing business in this state, which letter of credit: (a) Shall be in the minimum of fifty thousand dollars; (b) Shall be to an account to the commissioner of insurance and subject to lawful levy of execution on behalf of any person to whom the public adjuster has been found to be legally liable as the result of erroneous acts, failure to act, fraudulent acts, or unfair practices in his capacity as a public adjuster. (c) Shall not be terminated unless at least thirty days' prior written notice will have been filed with the commissioner of insurance and given to the licensee. B. The issuer of the evidence of financial responsibility shall notify the commissioner of insurance upon termination of the bond or letter of credit, unless otherwise directed by the commissioner of insurance. C. The commissioner of insurance may ask for the evidence of financial responsibility at any time he deems relevant. D. The authority to act as a public adjuster shall automatically terminate if the evidence of financial responsibility terminates or becomes impaired. Acts 2006, No. 806, §1; Redesignated from R.S. 22:1210.101 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1702 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1702. Continuing education

RS 1702 - Continuing education A. An individual who holds a public adjuster license and who is not exempt under Subsection B of this Section shall satisfactorily complete a minimum of twenty-four hours of continuing education courses, including ethics, reported on a biennial basis in conjunction with the license renewal cycle. B. This Section shall not apply to: (1) Licensees not licensed for one full year prior to the end of the applicable continuing education biennium. (2) Licensees holding nonresident public adjuster licenses who have met the continuing education requirements of their home state and whose home state gives credit to residents of this state on the same basis. C. Only continuing education courses approved by the commissioner of insurance shall be used to satisfy the continuing education requirement of Subsection A of this Section. Acts 2006, No. 806, §1; Redesignated from R.S. 22:1210.102 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1703 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1703. Public adjuster fees

RS 1703 - Public adjuster fees A. A public adjuster may charge the insured a reasonable fee. A public adjuster shall not solicit for or enter into any contract or arrangement between an insured and a public adjuster which provides for payment of a fee to the public adjuster which is contingent upon, or calculated as a percentage of, the amount of any claim or claims paid to or on behalf of an insured by the insurer and any such contract shall be against public policy and is null and void. B. A public adjuster shall not pay a commission, service fee, or other valuable consideration to another for public adjusting in this state if that person is required to be licensed under this Part and is not so licensed. C. A person shall not accept a commission, service fee, or other valuable consideration for public adjusting in this state if that person is required to be licensed under this Part and is not so licensed. Acts 2006, No. 806, §1; Redesignated from R.S. 22:1210.103 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1705 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1705. Record retention

RS 1705 - Record retention A. A public adjuster shall maintain a complete record of each transaction as a public adjuster. The records required by this Section shall include the following: (1) Name of the insured. (2) Date, location, and amount of the loss. (3) Copy of the contract between the public adjuster and insured. (4) Name of the insurer, amount, expiration date, and number of each policy carried with respect to the loss. (5) Itemized statement of the insured's recoveries. (6) Itemized statement of all compensation received by the public adjuster, from any source whatsoever, in connection with the loss. (7) A register of all monies received, deposited, disbursed, or withdrawn in connection with a transaction with an insured. (8) Name of the public adjuster who executed the contract. (9) Name of the attorney representing the insured, if applicable, and the name of the claims representative of the insurance company. (10) Evidence of financial responsibility in a format prescribed by the commissioner of insurance. B. Records shall be maintained for at least five years after the termination of the transaction with an insured and shall be open to examination by the commissioner of insurance at all times. Acts 2006, No. 806, §1; Redesignated from R.S. 22:1210.105 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1707 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1707. Reporting of actions

RS 1707 - Reporting of actions A. The public adjuster shall report to the commissioner of insurance any administrative action taken against the public adjuster in any jurisdiction or by another governmental agency within thirty days of the final disposition of the matter. This report shall include a copy of the order, consent order, or other relevant legal documents. B. Within thirty days of a conviction, the public adjuster shall report to the commissioner of insurance any criminal prosecution of the public adjuster taken in any jurisdiction. The report shall include a copy of the initial complaint filed, the order resulting from the hearing, and any other relevant legal documents. Acts 2006, No. 806, §1; Redesignated from R.S. 22:1210.107 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1708 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1708. Regulations

RS 1708 - Regulations The commissioner of insurance may adopt reasonable rules and regulations as are necessary or proper to carry out the purposes of this Part. Acts 2006, No. 806, §1; Redesignated from R.S. 22:1210.108 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1721 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1721. Title

RS 1721 - Title  This Part may be cited as the "Reinsurance Intermediary Law". Acts 1992, No. 811, §1; Redesignated from R.S. 22:1210.20 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1724 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1724. Required contract provisions for reinsurance intermediary-brokers

RS 1724 - Required contract provisions for reinsurance intermediary-brokers Any transactions between a reinsurance intermediary-broker and the insurer the broker represents in such capacity shall be entered into only pursuant to a written authorization, specifying the responsibilities of each party. The authorization shall, at a minimum, provide that: (1) The insurer may terminate the authority of the reinsurance intermediary-broker at any time. (2) The reinsurance intermediary-broker shall render accounts to the insurer accurately detailing all material transactions, including information necessary to support all commissions, charges and other fees received by, or owing, to the reinsurance intermediary-broker, and remit all funds due to the insurer within thirty days of receipt. (3) All funds collected for the insurer's account shall be held by the reinsurance intermediary-broker in a fiduciary capacity in a bank which is a qualified United States financial institution as defined herein. (4) The reinsurance intermediary-broker shall comply with R.S. 22:1725. (5) The reinsurance intermediary-broker shall comply with the written standards established by the insurer for the cession or retrocession of all risks. (6) The reinsurance intermediary-broker shall disclose to the insurer any relationship with any reinsurer to which business will be ceded or retroceded. Acts 1992, No. 811, §1; Redesignated from R.S. 22:1210.23 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2011, No. 94, §1, eff. Jan. 1, 2012.
LA Rev Stat § 22:1725 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1725. Books and records; reinsurance intermediary-brokers

RS 1725 - Books and records; reinsurance intermediary-brokers  A. For no less than ten years after expiration of each contract of reinsurance transacted by the reinsurance intermediary-broker, the reinsurance intermediary-broker shall keep a complete record for each transaction showing:  (1) The type of contract, limits, underwriting restrictions, classes or risks and territory. (2) The period of coverage, including effective and expiration dates, cancellation provisions and notice required of cancellation. (3) Reporting and settlement requirements of balances. (4) The rate used to compute the reinsurance premium. (5) The names and addresses of assuming reinsurers. (6) The rates of all reinsurance commissions, including the commissions on any retrocessions handled by the reinsurance intermediary-broker. (7) Any related correspondence and memoranda. (8) The proof of placement. (9) Details regarding retrocessions handled by the reinsurance intermediary-broker, including the identity of retrocessionaires and percentage of each contract assumed or ceded. (10) Financial records, including but not limited to premium and loss accounts. (11) When the reinsurance intermediary-broker procures a reinsurance contract on behalf of a licensed ceding insurer:  (a) Directly from any assuming reinsurer, written evidence that the assuming reinsurer has agreed to assume the risk. (b) If placed through a representative of the assuming reinsurer, other than an employee, written evidence that such reinsurer has delegated binding authority to the representative. B. The insurer shall have access and the right to copy and audit all accounts and records maintained by the reinsurance intermediary-broker to its business in a form usable by the insurer. Acts 1992, No. 811, §1; Redesignated from R.S. 22:1210.24 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1726 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1726. Duties of insurers utilizing the services of a reinsurance intermediary-broker

RS 1726 - Duties of insurers utilizing the services of a reinsurance intermediary-broker A. An insurer shall not engage the services of any person to act as a reinsurance intermediary-broker on its behalf, unless such person is licensed as required by R.S. 22:1723(A). B. An insurer may not employ an individual who is employed by a reinsurance intermediary-broker with which it transacts business, unless such reinsurance intermediary-broker is under common control with the insurer and subject to the Insurance Holding Company System Regulatory Law, R.S. 22:691 et seq. C. The insurer shall annually obtain a copy of statements of the financial condition of each reinsurance intermediary-broker with which it transacts business. Acts 1992, No. 811, §1; Redesignated from R.S. 22:1210.25 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2011, No. 94, §1, eff. Jan. 1, 2012.
LA Rev Stat § 22:1728 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1728. Prohibited acts

RS 1728 - Prohibited acts The reinsurance intermediary-manager shall not: (1) Cede retrocessions on behalf of the reinsurer, except that the reinsurance intermediary-manager may cede facultative retrocessions pursuant to obligatory facultative agreements, if the contract with the reinsurer contains reinsurance underwriting guidelines for such retrocessions. The guidelines shall include a list of reinsurers with which such automatic agreements are in effect, and for each such reinsurer, the coverages and amounts or percentages that may be reinsured, and commission schedules. (2) Commit the reinsurer to participate in reinsurance syndicates. (3) Appoint any producer without assuring that the producer is lawfully licensed to transact the type of reinsurance for which he is appointed. (4) Without prior approval of the reinsurer, pay or commit the reinsurer to pay a claim, minus its retrocessions, that exceeds the lesser of an amount specified by the reinsurer or one percent of the reinsurer's policyholder's surplus as of December thirty-first of the last complete calendar year. (5) Collect any payment from a retrocessionaire or commit the reinsurer to any claim settlement with a retrocessionaire, without prior approval of the reinsurer. If prior approval is given, a report must be promptly forwarded to the reinsurer. (6) Jointly employ an individual who is employed by the reinsurer, unless such reinsurance intermediary-manager is under common control with the reinsurer subject to the Insurance Holding Company System Regulatory Law, R.S. 22:691 et seq. (7) Appoint a subreinsurance intermediary-manager. Acts 1992, No. 811, §1; Redesignated from R.S. 22:1210.27 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2011, No. 94, §1, eff. Jan. 1, 2012.
LA Rev Stat § 22:1729 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1729. Duties of reinsurers utilizing the services of a reinsurance intermediary-manager

RS 1729 - Duties of reinsurers utilizing the services of a reinsurance intermediary-manager A. A reinsurer shall not engage the services of any person to act as a reinsurance intermediary-manager on its behalf unless such person is licensed as required by R.S. 22:1723(B). B. The reinsurer shall annually obtain a copy of statements of the financial condition of each reinsurance intermediary-manager which such reinsurer has engaged, prepared by an independent certified public accountant in a form acceptable to the commissioner. C. If a reinsurance intermediary-manager establishes loss reserves, the reinsurer shall annually obtain the opinion of an actuary attesting to the adequacy of loss reserves established for losses incurred and outstanding on business produced by the reinsurance intermediary-manager. The opinion shall be in addition to any other required loss reserve certification. D. The binding authority for all retrocessional contracts, or participation in reinsurance syndicates, shall be borne with an officer of the reinsurer, who shall not be affiliated with the reinsurance intermediary-manager. E. Within thirty days of termination of a contract with a reinsurance intermediary-manager, the reinsurer shall provide written notification of the termination to the commissioner. F. A reinsurer shall not appoint to its board of directors any officer, director, employee, controlling shareholder, or subproducer of its reinsurance intermediary-manager. This Subsection shall not apply to relationships governed by the Insurance Holding Company System Regulatory Law, R.S. 22:691 et seq. or, if applicable, the Business Transacted with Producer Controlled Insurer Law, R.S. 22:551 et seq. Acts 1992, No. 811, §1; Redesignated from R.S. 22:1210.28 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2011, No. 94, §1, eff. Jan. 1, 2012.
LA Rev Stat § 22:1730 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1730. Examination authority

RS 1730 - Examination authority  A. Any reinsurance intermediary shall be subject to examination by the commissioner. The commissioner shall have access to all books, bank accounts, and records of the reinsurance intermediary in a form usable to the commissioner. B. A reinsurance intermediary-manager may be examined as if it were the reinsurer. Acts 1992, No. 811, §1; Redesignated from R.S. 22:1210.29 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1731 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1731. Penalties and liabilities

RS 1731 - Penalties and liabilities A. Any reinsurance intermediary, insurer, or reinsurer found by the commissioner, after a public hearing, to be in violation of any provision of this Part, shall: (1) For each separate violation, pay a penalty in an amount not exceeding five thousand dollars. (2) Be subject to revocation or suspension of its license or certificate of authority. (3) If a violation was committed by the reinsurance intermediary, such reinsurance intermediary shall make restitution to the insurer, reinsurer, rehabilitator, or liquidator of the insurer or reinsurer for the net losses incurred by the insurer or reinsurer attributable to such violation. B. Any person aggrieved by the decision, determination, or order of the commissioner pursuant to Subsection A of this Section may appeal to the Nineteenth Judicial District Court in and for the parish of East Baton Rouge. C. Nothing contained in this Section shall affect the authority and right of the commissioner to impose any other penalties provided in the Louisiana Insurance Code. D. Nothing contained in this Part is intended to or shall in any manner limit or restrict the rights of policyholders, claimants, creditors, or other third parties or confer any rights to those persons. Acts 1992, No. 811, §1; Redesignated from R.S. 22:1210.30 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 317, §1; Acts 2011, No. 94, §1, eff. Jan. 1, 2012. NOTE: Former R.S. 22:1731 redesignated as R.S. 22:1181 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1732 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1732. Rules and regulations

RS 1732 - Rules and regulations  The commissioner may adopt reasonable rules and regulations for the implementation and administration of the provisions of this Part. Acts 1992, No. 811, §1; Redesignated from R.S. 22:1210.31 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009. NOTE: Former R.S. 22:1732 redesignated as R.S. 22:1182 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1733 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1733. Redesignated as R.S. 22:1183 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

RS 1733 - Redesignated as R.S. 22:1183 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1734 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1734. Redesignated as R.S. 22:1184 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

RS 1734 - Redesignated as R.S. 22:1184 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1735 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1735. Redesignated as R.S. 22:1185 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

RS 1735 - Redesignated as R.S. 22:1185 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1736 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1736. Redesignated as R.S. 22:1186 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

RS 1736 - Redesignated as R.S. 22:1186 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1737 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1737. Redesignated as R.S. 22:1187 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

RS 1737 - Redesignated as R.S. 22:1187 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1738 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1738. Redesignated as R.S. 22:1188 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

RS 1738 - Redesignated as R.S. 22:1188 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1739 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1739. Redesignated as R.S. 22:1189 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

RS 1739 - Redesignated as R.S. 22:1189 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1740 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1740. Redesignated as R.S. 22:1190 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

RS 1740 - Redesignated as R.S. 22:1190 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:1741 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§1741. Purpose

RS 1741 - Purpose The purpose of this Part is to provide for professional employment services by defining such services, requiring registration of persons providing such services, providing for employee benefits plans and workers' compensation coverage for participants of such services, and providing for enforcement of this Part. Acts 2001, No. 1150, §1; Redesignated from R.S. 22:1210.51 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2011, No. 94, §1, eff. Jan. 1, 2012. NOTE: Former R.S. 22:1741 redesignated as R.S. 22:1191 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.