| Last Action | 03/31/26: floor amendment (4) filed to Committee Substitute , floor amendment (3-title) filed to bill |
|---|---|
| Title | AN ACT relating to public adjusters. |
| Bill Documents |
Current
Introduced |
| Bill Request Number | 473 |
| Sponsors | M. Meredith, C. Aull, G. Brown Jr., R. Duvall, J. Gooch Jr., E. Hancock, M. Lockett, S. Miles, M. Pollock |
| Summary of Original Version | Amend KRS 304.9-020 to modify the definition of "apprentice adjuster," "negotiate," and "public adjuster"; amend KRS 304.9-430 to prohibit the issuing of a public adjuster license on or after the effective date of the Act; amend KRS 304.9-432 to prohibit issuing an apprentice adjuster license to a person that is supervised by a public adjuster; prohibit temporary or apprentice adjuster licensees from taking an examination for, or being issued, a public adjuster license; amend KRS 304.9-433 to prohibit a public adjuster from providing services until the required rescission period has concluded; establish information to be included in contracts between a public adjuster and an insured; require a public adjuster to provide a physical copy of the contract to the insured and insurer; modify the required rescission period for contracts between a public adjuster and an insured; provide that contracts in violation of KRS Chapter 304 are not enforceable; amend KRS 304.9-4331 to prohibit a public adjuster from being affiliated with an entity or person that obtains business in connection with a claim, utilizing a contractor, another form of business, or other person to solicit or obtain contract signatures; prohibit a public adjuster from negotiating with an insurer on behalf of an insured; amend KRS 304.9-4332 to require a public adjuster to provide insured with a receipt of deposit within 3 business days; amend KRS 304.9-4333 to modify fees that may be charged by a public adjuster; amend KRS 304.9-440 to require the commissioner to take certain regulatory actions against an adjuster or apprentice licensee under certain conditions; amend KRS 304.9-436 and 304.9-295 to conform; make conforming and technical amendments throughout; direct that certain sections apply to contracts entered on or after the effective date of the Act. |
| Index Headings of Original Version |
Contracts - Insurance, public adjuster, requirements Fees - Insurance, public adjusters, requirements Insurance - Public adjuster, prohibition on issuing licenses Insurance - Public adjusters, regulatory requirements Licensing - Public adjusters, prohibtion on issuing licenses State Agencies - Department of Insurance, public adjusters, regulatory requirements |
| Jump to Proposed Amendments |
Senate Committee Substitute 1 Senate Floor Amendment 1 Senate Floor Amendment 2 Senate Floor Amendment 3 Senate Floor Amendment 4 |
| Votes | Vote History |
| 02/05/26 |
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| 02/12/26 |
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| 02/18/26 |
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| 02/19/26 |
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| 02/24/26 |
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| 02/25/26 |
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| 03/13/26 |
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| 03/24/26 |
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| 03/25/26 |
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| 03/31/26 |
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| Amendment | Senate Committee Substitute 1 |
|---|---|
| Summary | Retains original provisions, except modify definition of public adjuster; limit the prohibition on issuing new public adjuster and apprentice adjuster licenses to a period of 2 years; allow apprentice adjusters who have a license on the effective date of this Act to apply for and be issued a public adjuster license during the 2 year period; modify the rescission period for public adjuster contracts based on events that are subject to a state of emergency; delete language prohibiting public adjusters from negotiating with an insurer on the behalf of an insured; modify the fees that may be charged by a public adjuster; make technical corrections. |
| Index Headings |
Contracts - Insurance, public adjuster, regulatory requirements Disasters And Recovery Efforts - Insurance, public adjusters, regulatory requirements Fees - Insurance, public adjusters, regulatory requirements Insurance - Public adjuster, regulatory requirements Licensing - Insurance, public adjusters, prohibition State Agencies - Department of Insurance, public adjusters, regulatory requirements |
| Amendment | Senate Floor Amendment 1 |
|---|---|
| Sponsor | J. Carpenter |
| Summary | Create a new section of KRS Chapter 367 to apply Consumer Protection Act remedies, powers, and duties to violations of public adjuster trade practice requirements; establish emergency effective date for licensing provisions; EMERGENCY. |
| Index Headings |
Attorney General - Public adjusters, regulatory requirements, enforcement Consumer Protection - Public adjusters, regulatory requirements, enforcement Effective Dates, Emergency - Public adjusters, licensing, moratorium Insurance - Public adjusters, regulatory requirements, enforcement Licensing - Public adjusters, prohibition |
| Amendment | Senate Floor Amendment 2 |
|---|---|
| Sponsor | J. Carpenter |
| Summary | Make title amendment. |
| Index Headings | Title Amendments - HB 568/GA |
| Amendment | Senate Floor Amendment 3 |
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| Sponsor | J. Howell |
| Summary | Make title amendment. |
| Index Headings | Title Amendments - HB 568/GA |
| Amendment | Senate Floor Amendment 4 |
|---|---|
| Sponsor | J. Howell |
| Summary | Retain original provisions, except amend KRS 342.908, relating to self-insurance guaranty funds, to define terms; require the amount of the annual special fund assessment imposed upon a member to be retained by the member fund and paid to the credit of the group fund for the purpose of satisfying the group fund's outstanding workers' compensation claims for calendar years beginning January 1, 2027, and January 1, 2028; require the member fund to pay the amounts of its annual special fund assessment to the group fund on the schedule set forth in KRS 342.122(a) and (b) and require notice of the assessments paid to the Division of Workers' Compensation Funds; make technical changes. |
| Index Headings |
Piggybacked Bills - SB 357 State Agencies - Division of Workers' Compensation Funds, Department of Workers' Claims special fund assessment Technical Corrections - Self-insurance guaranty funds, technical changes Workers Compensation - Self-insurance guaranty funds, annual special fund assessment, retention |
Last updated: 4/1/2026 1:27 AM (EDT)