72B.01 PURPOSE AND SCOPE.
It is the purpose of sections
72B.01 to
72B.14 to provide high quality service to insureds
and insurance claimants in the state of Minnesota by providing for well trained adjusters and
persons engaged in soliciting business for adjusters, who are qualified to deal with the public in
the interest of a fair resolution of insurance claims. Sections
72B.01 to
72B.14 shall apply to
all adjusters, and adjusters' solicitors, except as specifically stated to the contrary; but nothing
in sections
72B.01 to
72B.14 shall apply to:
(a) An attorney at law who is licensed or otherwise allowed to practice law in this state and
who does not hold out to be an adjuster, or adjuster's solicitor.
(b) A licensed agent of an authorized insurer who adjusts losses for such insurer solely under
policies issued by the agent or the agent's agency or on which the agent is the agent of record,
provided the agent receives no extra compensation for such services.
(c) Personnel of township mutual companies.
(d) Adjusters for crop hail and farm windstorm damage claims who are on the staff of
companies covering such risks.
(e) Persons who process life insurance annuity contract or accident and health insurance
claims.
(f) Persons processing or adjusting wet marine or inland transportation claims or losses.
History: 1971 c 704 s 1; 1979 c 141 s 1; 1986 c 444