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SF 2869

Introduction - 94th Legislature (2025 - 2026)

Posted on 03/25/2025 09:32 a.m.

KEY: stricken = removed, old language.
underscored = added, new language.
Version List SF2869 Authors and Status
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A bill for an act
 relating to commerce; prohibiting a public adjuster from appearing as an advocate
in any action or proceeding; amending Minnesota Statutes 2024, section 72B.135,
subdivision 4.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2024, section 72B.135, subdivision 4, is amended to read:


Subd. 4.

Prohibited practices.

No public adjuster shall:

(1) pay money or give anything of value to a person in consideration of a direct or indirect
referral of a client or potential client;

(2) pay money or give anything of value to a person as an inducement to refer business
or clients;

(3) rebate to a client a part of a fee specified in an employment contract;

(4) initiate contact with a prospective client between the hours of 8 p.m. and 8 a.m.;

(5) split the fee received or pay money to a person for services rendered to a client unless
the other person is also licensed as a public adjuster;

(6) have an interest directly or indirectly in a construction firm, salvage firm, or appraisal
firm. "Firm" includes a corporation, partnership, association, or individual firm;

(7) in connection with the transaction of business as a public adjuster, make a willful or
knowing misrepresentation of facts or advise a person on questions of law;

(8) make willful or knowing false statements about an insurance company or its
employees, agents, or representatives;

(9) solicit employment of a client in connection with a loss that is the subject of an
employment contract with another public adjuster;

(10) represent both an insurer and insured simultaneously; deleted text begin or
deleted text end

(11) advance money to a client pending the settlement of a loss where the amount would
be included in a final settlementdeleted text begin .deleted text end new text begin ; or
new text end

new text begin (12) appear as an advocate or a person's representative in any action or proceeding before
an administrative tribunal, including an arbitration pursuant to section 65B.525.
 new text end