An Act amending the act of December 20, 1983 (P.L.260, No.72), referred to as the Public Adjuster Licensing Law, further providing for definitions, for license, for written disclosure of financial interest and for bond; providing for fees, for requirements and prohibitions and for separate pre-contract disclosure; and further providing for contract and for revocation, etc., of license.

This bill amends the Public Adjuster Licensing Law to clarify definitions, establish requirements for licenses, and regulate how public adjusters operate. Specifically, it mandates written disclosure of financial interests, prohibits conflicts of interest involving property repair services, and requires a separate pre-contract disclosure to insureds outlining the different types of adjusters involved in claim settlement. The bill also introduces fees, establishes requirements for contracts, and outlines grounds for license revocation.