29270737, 69B-220.201 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 29270737

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Division of Insurance Agent and Agency Services

Chapter:

ADJUSTERS

Overview

RULE:

69B-220.201

Ethical Requirements

PURPOSE:

This rule amendment will protect Florida consumers by increasing transparency in the claims adjusting process and protect them from inappropriate modifications to the estimate of loss documents that evaluate damages after a property loss.

SUMMARY:

This amendment requires adjusters to provide detailed descriptions of any modifications or amendments made to estimates of loss throughout the claim’s adjusting process for damages caused by a natural disaster. Adjusters will also need to maintain records of modifications made to the estimate of loss, including detailed descriptions of the changes.

RULEMAKING AUTHORITY:

624.308, 626.878, 626.9611 FS.

LAW:

624.307, 626.015, 626.611, 626.621, 626.852, 626.854, 626.859, 626.864, 626.8651, 626.8695, 626.8697, 626.8698, 626.875, 626.877, 626.878, 626.8795, 626.9521, 626.9541 FS.

PRINT PUBLISH DATE:

2/14/2025 Vol. 51/31

COMMENTS:

From 2/14/2025 To 3/7/2025 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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