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General Assembly Raised Bill No. 1270
January Session, 2025
LCO No. 3648
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
(INS)
AN ACT CONCERNING PUBLIC ADJUSTERS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
Section 1. Section 38a-726 of the general statutes is repealed and the 1
following is substituted in lieu thereof (Effective October 1, 2025): 2
(a) No public adjuster shall charge or collect a fee if, within thirty days 3
of a loss to a structure covered by a fire insurance policy, the insurer 4
offers in writing to pay the full policy limits. 5
(b) Any fee charged to an insured by a public adjuster shall be based 6
only on the amount of the insurance settlement proceeds actually 7
[received by the insured] paid by the insurer on the account of a loss and 8
shall be collected by such public adjuster after the [insured has received 9
such proceeds from the insurer] insurer has paid such settlement 10
proceeds. 11
This act shall take effect as follows and shall amend the following
sections:
Section 1 October 1, 2025 38a-726 Raised Bill No. 1270
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INS Joint Favorable