Section 4102.110 - Record Maintenance(a) A license holder shall keep a complete record in this state of each of the license holder's transactions as a public insurance adjuster. The records must include each of the following:(1) the name of the insured;(2) the date, location, and amount of the loss;(3) a copy of the contract between the license holder and the insured;(4) the name of the insurer and the amount, expiration date, and number of each policy under which the loss is covered;(5) an itemized statement of the recoveries by the insured from the sources known to the license holder;(6) the total compensation received for the adjustment; and(7) an itemized statement of disbursements made by the license holder from recoveries received on behalf of the insured.(b) Records required to be kept under this section must be: (1) maintained in this state for at least five years after the termination of a transaction with the insured; and(2) open to examination by the commissioner.Tex. Ins. Code § 4102.110
Added by Acts 2005, 79th Leg., Ch. 728, Sec. 11.082(a), eff. 9/1/2005.