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Baton Rouge, Louisiana - House Bill 1475 passes on a vote 5-4

State: 
LA

2010 Bill Text LA H.B. 1475

VERSION-DATE: May 7, 2010

SYNOPSIS: AN ACT

To amend and reenact R.S. 22:1703(A), relative to public adjuster fees; to require public adjuster contracts to be in writing and signed by the parties; to authorize a public adjuster to charge a certain percentage fee for their services; and to provide for related matters.

 

The digest printed below was prepared by House Legislative Services. It

constitutes no part of the legislative instrument. The keyword, one-liner,

abstract, and digest do not constitute part of the law or proof or indicia of

legislative intent. [R.S. 1:13(B) and 24:177(E)]

Schroder

HB No. 1475

Abstract: Allows a public adjuster to charge a specific percentage fee.

Present law provides that a public adjuster may charge the insured a reasonable fee. Further, provides that a public adjuster cannot solicit for or enter into any contract or arrangement between an insured and a public adjuster that provides for payment of a fee to the public adjuster which is contingent upon, or calculated as a percentage of, the amount