Actively Affecting Legislation
Recently, AMPIA members and its lobbyists actively worked with the Illinois Department of Insurance and the Illinois State's Attorneys Office to draft new, up-to-date legislation and guidelines regarding Public Insurance Adjusters. These new guidelines help promote the practice of professionalism, which greatly benefits both the consumer as well as the Licensed Public Adjusters. The new law is based largely upon a model law approved by the NAIC (National Association of Insurance Commissioners). Despite significant opposition from both the Illinois Bar Association and the Illinois Insurance Association, the bill passed and will become law on January 1, 2011.
Recently, AMPIA helped defeat an attempt to amend the existing Public Insurance Adjuster law. The proposed amendment would have added a "cooling off" period, during which Public Insurance Adjusters could not solicit an insured who had suffered a loss. This is significant because the "cooling off" period would have provided the insurance companies with an unfair advantage by prohibiting the consumer from being informed of their right to hire an adjuster.
"Dedicated to Professionalism"