Oregon Statutes - Chapter 744 - Insurance Producers; Life Settlement Providers, Brokers and Contracts; Adjusters; Consultants; Third Party Administrators; Reinsurance Intermediaries; Rental Company Limited Licenses - Section 744.515 - Exemptions from adjuster licensing requirement.

(1) A licensed resident insurance producer or salaried employee or officer of an authorized insurer may adjust and settle losses for the insurer that the insurance producer, employee or officer represents, without obtaining an adjuster’s license.

(2) A person may make one adjustment before obtaining an adjuster’s license if the person applies for the license within two days after entering upon the adjustment, and in all other respects complies with the provisions of this chapter governing adjusters.

(3) A person holding a temporary permit under ORS 744.555 may perform acts authorized under ORS 744.555 without obtaining an adjuster’s license.

(4) Any average adjuster or adjuster of maritime losses may adjust maritime losses without obtaining an adjuster’s license.

(5) A person may perform or provide repair or replacement service under home protection insurance without obtaining an adjuster’s license. [1967 c.359 §560; 1971 c.231 §33; 1981 c.247 §19; 1983 c.76 §11; 1989 c.701 §44; 2003 c.364 §122]

Section:  Previous  744.460  744.470  744.480  744.490  744.500  744.505  744.510  744.515  744.520  744.525  744.528  744.530  744.531  744.535  744.538  Next

Last modified: August 7, 2008