No. SB 266
Filed under Insurance.
Public Adjuster Contracts; Authorizing certain persons to rescind a contract for public adjuster services; clarifying the acts that may subject a public adjuster or public adjuster apprentice to discipline; authorizing certain persons to rescind a contract for public adjuster services, etc.
Plain English Summary
AI-GENERATEDAn insured who is a vulnerable adult or lacks the capacity to consent, or their legal representative, can now cancel a public adjuster contract at any time with no penalty, instead of only within the usual 10 or 30-day window.
This right is written into both the core public adjuster statute and the separate law covering adjuster contract disclosures, so it applies no matter which one governs a given cancellation.
The disciplinary rule against taking advantage of a vulnerable person now points to the legal definition of 'vulnerable adult' used elsewhere in Florida law, rather than leaving the term undefined.
AIAn insured who is a vulnerable adult, lacks capacity to consent, or their legal representative may rescind a public adjuster services contract at any time without penalty, unlike the standard 10-or-30-day cancellation window everyone else gets.
AIThe rule letting the department discipline an adjuster for taking advantage of a vulnerable person now specifically references the legal definition of 'vulnerable adult' in s. 415.102, while separately still covering anyone left emotional or upset by a trauma or accident.