Under New York Insurance Law Section 2108(a), a person may not act in New York on behalf of an insurer in investigating and adjusting claims unless licensed as what?
A. An independent adjuster
B. A public adjuster
C. An insurance producer
D. A claims consultant
Source: N.Y. Insurance Law Section 2108(a)
Under Section 2108(a), a person who investigates and adjusts claims in New York on behalf of the insured (the policyholder) must be licensed as what?
A. An independent adjuster
B. A public adjuster
C. A staff adjuster
D. A general agent
Source: N.Y. Insurance Law Section 2108(a)
Under Insurance Law Section 2101(g), an 'independent adjuster' is defined, in relevant part, as a person, firm, association, or corporation who does what?
A. Acts in New York on behalf of an insured to negotiate claim payment
B. Sells property and casualty insurance policies to consumers on a commission basis
C. Acts in New York on behalf of an insurer, for money, commission, or other compensation, in investigating and adjusting claims arising under insurance contracts
D. Reviews completed claim files for an insurer solely for internal quality-assurance purposes without contacting claimants
Source: N.Y. Insurance Law Section 2101(g)
Which statement correctly describes New York's structural approach to adjuster licensing under Article 21?
A. New York issues a single unified 'adjuster' license covering both insurer-side and insured-side claims work
B. New York does not license adjusters at all and relies entirely on producer licensing
C. New York licenses adjusters only if they handle claims exceeding $50,000
D. New York licenses independent adjusters and public adjusters as two distinct categories, tied to which party (insurer or insured) the adjuster represents
Source: N.Y. Insurance Law Section 2108(a)
Under Insurance Law Section 2101(g)(1), which individual is exempt from the requirement to hold an independent adjuster's license when adjusting claims for their employer?
A. An officer, director, or regular salaried employee of an authorized insurer
B. Any independent contractor retained by an insurer on a per-claim basis
C. Any employee of a third-party administrator handling claims for an insurer
D. Any licensed public adjuster handling a claim for a policyholder
Source: N.Y. Insurance Law Section 2101(g); NY DFS OGC Opinion No. 03-10-34
