
Vermont Allows Out-of-State Adjusters and Appraiser in Wake of Major Flooding
Published on July 17, 2023
In response to the State of Emergency declared July 9 by Vermont Governor Phil Scott following heavy rains and anticipated floodings, the Commissioner of the Department of Financial Regulation announced that the Department is allowing property and casualty insurance carriers to use individual adjusters not licensed in Vermont. Guidance on the use of adjusters not licensed in Vermont is available in DFR Bulletins No. 225 and No. 226.
According to 8 V.S.A. § 4803, the Department of Financial Regulation can permit insurers to use appraisers and adjusters who are not licensed in Vermont in the wake of catastrophic events.
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options.
The post Vermont Allows Out-of-State Adjusters and Appraiser in Wake of Major Flooding appeared first on CollisionWeek.
