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American Institute of Marine Underwriters |
Select State
VT
- Statreg:
8 Vt. Stat. Ann. § 4793(a).
No license required for marine-average adjuster. 8 Vt. Stat. Ann. § 4803(d)(2).
- Stat/reg provision relating to nonresident licensing/ application:
8 Vt. Stat. Ann. § 4800(3)
- Licensing exception for singular or unusual losses?:
Yes.
No license required for adjuster sent into VT on behalf of insurer for "particularly unusual or extraordinary loss, or a series of losses resulting from a catastrophe common to all such insurers." 8 Vt. Stat. Ann. § 4803(d)(2).
No license required for marine-average adjuster. 8 Vt. Stat. Ann. § 4803(d)(2).
- Testing required?:
Yes. 8 Vt. Stat. Ann. § 4800(3)(D), 4803(a)(3).
May be discretionarily waived if licensed elsewhere. 8 Vt. Stat. Ann. § 4800(3)(B)(iv).
- Continuing ed. required?:
No.
- Penalty for violation of license requirement:
Fine between $500 and $2,500. 8 Vt. Stat. Ann. § 4804(d).
- Penalty for other violations of licensing provisions:
Denial, suspension, revocation, and/or fine between $500 and $2,500.
8 Vt. Stat. Ann. §§ 4804(a),(d). - State:
Vermont