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Committee advances bill letting vulnerable Floridians rescind public adjuster contracts
Summary
CS/SB 266, which permits vulnerable individuals to rescind public adjuster contracts at any time without penalty, was reported favorably after supporters emphasized consumer protections and industry witnesses offered drafting feedback on estimates and work product.
Senator Burton explained CS/SB 266 as a measure to protect vulnerable adults who enter public adjuster contracts during times of stress following losses. The bill would allow such individuals to rescind a public adjuster contract at any time without penalty or further obligation; the sponsor said the change does not create new penalties or causes of action against adjusters.
Public adjusters and trade representatives generally supported the bill’s intent but asked to work with the sponsor on drafting details. Witnesses pointed to practical considerations about losing access to evolving work product—estimate inputs, claim journals and diary notes—that can be essential for a policyholder who later wants to cancel representation. One commenter urged attention to how the law defines "estimate," noting recent administrative guidance tying the term to tools such as Xactimate.
Senator Burton closed by stressing the legislature’s role in protecting vulnerable consumers. The committee recorded a unanimous roll call in favor, and CS for SB 266 was reported favorably.
