                                 CODE OF VIRGINIA

RENEWAL APPLICATION AND FEE; REINSTATEMENT; WAIVER (§ 38.2-1845.8)

A. Beginning January 1, 2021, each individual licensed public adjuster shall
submit biennially to the Commission a renewal application in a form and manner
prescribed by the Commission, along with the nonrefundable renewal application
processing fee prescribed by the Commission for the renewal of the license.
Licenses shall be renewed biennially based on the public adjuster&#8217;s month
and year of birth. The license for a public adjuster born in an even-numbered
year shall expire at the end of the public adjuster&#8217;s birth month in
even-numbered years. The license for a public adjuster born in an odd-numbered
year shall expire at the end of the public adjuster&#8217;s birth month in
odd-numbered years. Any public adjuster license for which the required renewal
application and nonrefundable renewal application processing fee have been
received by the Commission and all other applicable licensing and renewal
provisions in this chapter have been met shall, unless the license has been
terminated, suspended, or revoked be renewed for a two-year period. Any public
adjuster license for which the renewal application and nonrefundable renewal
application processing fee have not been received by the Commission in the
manner prescribed by the Commission shall automatically be terminated.

B. On or before May 1, 2021, and biennially thereafter, each business entity
licensed as a public adjuster shall submit to the Commission a renewal
application, along with a nonrefundable renewal application processing fee
prescribed by the Commission, for the renewal of the license. Any public
adjuster license for which the renewal application and nonrefundable renewal
application processing fee have been received by the Commission and all other
applicable licensing and renewal provisions in this chapter have been met shall,
unless the license has been terminated, suspended, or revoked, be renewed for a
two-year period. Any license for which the renewal application and nonrefundable
renewal application processing fee have not been received by the Commission
shall automatically be terminated.

C. The nonrefundable renewal processing fee for each public adjuster license
shall be paid in a manner and in an amount prescribed by the Commission. All
fees shall be collected by the Commission and paid directly into the state
treasury and credited to the fund for the maintenance of the Bureau of Insurance
as provided in subsection B of &#xA7; 38.2-400.

D. No nonresident public adjuster license shall be renewed unless the applicant
meets the requirements for initial licensure as set forth in &#xA7; 38.2-1845.5.

E. An individual public adjuster whose license terminates due to failure to
renew may, within 12 months from the renewal date, reinstate the same license
without the necessity of passing a written examination by:

   1. Submitting a renewal application;

   2. Submitting a nonrefundable reinstatement processing fee equivalent to
   double the nonrefundable renewal application processing fee; and

   3. Satisfying the relevant continuing education requirements.

F. An individual public adjuster who is unable to comply with the license
renewal requirements due to military service or another extenuating circumstance
such as a long-term illness or incapacity may request a waiver of those
requirements. Requests for waivers of renewal requirements shall be made in a
form and manner prescribed by the Commission. Public adjusters seeking a waiver
of renewal requirements shall submit all documentation specified by the
Commission so as to be received by the Commission no later than the last day of
the renewal period. After the renewal period, public adjusters who have failed
to complete the renewal waiver requirements may request a waiver from the
reinstatement requirements set forth in subdivisions E 1 and 2 within the
12-month reinstatement period. The Commission shall approve or disapprove the
waiver request within 30 calendar days of receipt thereof, and shall provide
written notice of its decision to the applicant for waiver within five calendar
days of rendering its decision. Any waiver granted pursuant to this section
shall be valid only for the renewal period or reinstatement period for which the
waiver request was made.

HISTORY: 2012, cc. 734, 735; 2014, c. 337; 2019, c. 675; 2020, c. 225.