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These licenses are good for a period of two years. Should any of the information on the original license application change, like the business’s address or the licensee’s legal name, the changes must be submitted to the DOI within 30 days, or the licensee could be fined $50 per violation.
LA public adjuster surety bond
The Louisiana DOI requires public adjusters to get a $50,000 surety bond and submit the original bond during the application process. Louisiana public adjusters’ surety bond is required to ensure licensees comply with Titles 22 and 23 of the Louisiana Revised Statues, which include standards of conduct. Violations of the standard of conduct include:
Referring lawyers to clients for a fee
Soliciting insured parties during the progress of a loss-producing incident
Having financial interest in the claim other than compensation for public adjuster duties as contracted
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Miguel and Rita, TampaUsedCars.com