1.1 A bill for an act
1.2 relating to commerce; prohibiting a public adjuster from appearing as an advocate
1.3 in any action or proceeding; amending Minnesota Statutes 2024, section 72B.135,
1.4 subdivision 4.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2024, section 72B.135, subdivision 4, is amended to read:
1.7 Subd. 4.Prohibited practices.No public adjuster shall:
1.8 (1) pay money or give anything of value to a person in consideration of a direct or indirect
1.9referral of a client or potential client;
1.10 (2) pay money or give anything of value to a person as an inducement to refer business
1.11or clients;
1.12 (3) rebate to a client a part of a fee specified in an employment contract;
1.13 (4) initiate contact with a prospective client between the hours of 8 p.m. and 8 a.m.;
1.14 (5) split the fee received or pay money to a person for services rendered to a client unless
1.15the other person is also licensed as a public adjuster;
1.16 (6) have an interest directly or indirectly in a construction firm, salvage firm, or appraisal
1.17firm. "Firm" includes a corporation, partnership, association, or individual firm;
1.18 (7) in connection with the transaction of business as a public adjuster, make a willful or
1.19knowing misrepresentation of facts or advise a person on questions of law;
1.20 (8) make willful or knowing false statements about an insurance company or its
1.21employees, agents, or representatives;
1Section 1.
REVISOR RSI/EN 25-0433203/03/25
State of Minnesota
This Document can be made available
in alternative formats upon request
HOUSE OF REPRESENTATIVES
H. F. No. 2608
NINETY-FOURTH SESSION
Authored by Perryman and O'Driscoll03/20/2025
The bill was read for the first time and referred to the Committee on Commerce Finance and Policy 2.1 (9) solicit employment of a client in connection with a loss that is the subject of an
2.2employment contract with another public adjuster;
2.3 (10) represent both an insurer and insured simultaneously; or
2.4 (11) advance money to a client pending the settlement of a loss where the amount would
2.5be included in a final settlement.; or
2.6 (12) appear as an advocate or a person's representative in any action or proceeding before
2.7an administrative tribunal, including an arbitration pursuant to section 65B.525.
2Section 1.
REVISOR RSI/EN 25-0433203/03/25