Florida Statutes 626.8561 – “Public adjuster apprentice” defined
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Terms Used In Florida Statutes 626.8561
- Contract: A legal written agreement that becomes binding when signed.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
The term “public adjuster apprentice” means a person licensed as an all-lines adjuster who:
(1) Is appointed and employed or contracted by a public adjusting firm;
(2) Assists the public adjusting firm in ascertaining and determining the amount of any claim, loss, or damage payable under an insurance contract, or who undertakes to effect settlement of such claim, loss, or damage; and
(3) Satisfies the requirements of s. 626.8651.