La. Admin. Code tit. 37 § XIII-16307

Current through Register Vol. 50, No. 11, November 20, 2024

Section XIII-16307 - Definitions

A. For the purposes of Regulation 113 the following terms are defined as follows:

Commissioner-the Commissioner of Insurance of the State of Louisiana.

Adjuster-an individual who investigates or adjusts losses on behalf of an insurer as an independent contractor or as an employee of:

a. an adjustment bureau;

b. an association;

c. a property and casualty producer;

d. an independent contractor;

e. an insurer; or

f. a managing general agent.

Catastrophe Adjuster-those adjusters employed or retained by an insurer and brought into this state for the purpose of investigating or making adjustments of losses resulting from a catastrophe or an emergency.

Catastrophe/Emergency-a significant event declared by the governor or determined by the commissioner that causes widespread property damage or loss.

Insurer-any type of insurer, whether authorized or unauthorized, conducting business in this state.

La. Admin. Code tit. 37, § XIII-16307

Promulgated by the Department of Insurance, Office of the Commissioner, LR 451081 (8/1/2019).

AUTHORITY NOTE: Promulgated in accordance with R.S. 22:11, 22:1667, and 22:1678 and the Administrative Procedure Act, R.S. 49:950 et seq.