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 3118.60 GRANDFATHER LICENSE PROVISIONS


 

Section 3118.60  Grandfather License Provisions

 

a)         For the purpose of implementing Article XXXIū of the Code, any persons engaged in business as a public adjuster before December 16, 1983 will be issued a license pursuant to Section 512.54(c) of the Code.  Being engaged in the business as a public adjuster shall mean any person who has adjusted or has participated in the adjustment of a minimum of 12 insurance claims for insureds in the State of Illinois between the period from September 3, 1981 through June 30, 1982.

 

b)         Any persons whose application to qualify under the grandfather provision is received after January 1, 1983 shall be subject to a written examination and interrogatories as provided in Section 512.54(c) of the Code.

 

c)         Any person who has successfully passed the examination referred to in subsection (b), before being issued a license in Illinois, and prior to any renewal of that license, will be subjected to a criminal background check to determine whether the applicant is competent, trustworthy and of good business reputation.  In the event that the criminal background reveals that an applicant has been convicted of a felony of any type, or has engaged in any of the acts enumerated in Section 512.61 of the Code [215 ILCS 5/512.61(a)], the Director may deny the application for a license, or initiate proceedings to suspend or revoke a renewal license in accordance with Sections 402, 403 and 512.61 of the Code [215 ILCS 5/402, 403 and 512.61] and 50 Ill. Adm. Code 2402.

 

(Source:  Amended at 30 Ill. Reg. 19367, effective November 29, 2006)