AN ACT relating to public protection and declaring an emergency.

Summary

If enacted, this bill would significantly restrict the activities of public adjusters in Kentucky, including prohibiting new public adjuster licenses after the effective date, requiring detailed contract provisions, and banning public adjusters from negotiating with insurers on behalf of insureds. It also prohibits apprentice adjusters from being supervised by public adjusters and sets new fee, receipt, and rescission period requirements. These changes affect any entity or individual acting as a public adjuster or apprentice adjuster in Kentucky.