SF 2869
Introduction - 94th Legislature (2025 - 2026)
Posted on 03/25/2025 09:32 a.m.
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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
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(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
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(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.
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