TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
SUBCHAPTER ii: INSURANCE PRODUCERS, LIMITED INSURANCE REPRESENTATIVES AND REGISTERED FIRMS
PART 3118 LICENSING OF PUBLIC ADJUSTERS
SECTION 3118.25 DEFINITIONS
Section 3118.25 Definitions
Adjusting Insurance Claims means representing an insured with an insurer for compensation, and while representing that insured, either negotiating values, damages, or depreciation or applying the loss circumstances to insurance policy provisions.
Code means the Illinois Insurance Code [215 ILCS 5].
Department means the Illinois Department of Financial and Professional Regulation.
Director means the Director of the Illinois Department of Financial and Professional Regulation-Division of Insurance.
Division means the Department of Financial and Professional Regulation-Division of Insurance.
Person embraces both natural persons and business entities of whatever type.
Public Insurance Adjuster means a person engaged in the business of adjusting insurance claims.
Secretary means the Secretary of the Illinois Department of Financial and Professional Regulation.
(Source: Added at 30 Ill. Reg. 19367, effective November 29, 2006)