House Insurance panel hears bill to bar public adjusters from residential claims
The House Insurance Committee heard proponent and opponent testimony on HB 24-61, which would prohibit public adjusters from negotiating or settling residential and personal-lines insurance claims; proponents said the bill restores pre‑existing law after an Attorney General opinion, while opponents said it would remove consumer choice and urged licensing and regulation instead.
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The House Insurance Committee opened a hearing on House Bill 24-61, a measure that would bar public adjusters from negotiating or effectuating settlements for residential and other personal-lines insurance claims and add the word "exclusively" to several definitions to limit licensed public adjusting to commercial lines.
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