Independent Adjuster License Exemption Applications

Department of Commerce, Community, and Economic Development DIVISION OF INSURANCE Anchorage Office 550 West Seventh Avenue, Suite 1560 Anchorage, Alaska 99501-3567 Main: 907.269.7900 Fax: 907.269.7910 BULLETIN B 25-02 TO: ALL LICENSEES AND ADMITTED INSURERS IN THE STATE OF ALASKA AND OTHER INTERESTED PARTIES RE: INDEPENDENT ADJUSTER LICENSE EXEMPTION APPLICATIONS The Director of Insurance has declared a catastrophe under Alaska Statute (AS) 21.27.860 in response to severe windstorms that occurred the weekend of January 11, 2025, across Southcentral Alaska including the Kenai Peninsula Borough, the Municipality of Anchorage, and the Matanuska-Susitna Borough. Pursuant to AS 21.27.860, the Alaska Division of Insurance is accepting independent adjuster license exemption applications. AS 21.27.860 states in part “A nonresident independent adjuster not licensed by this state who is licensed by and in good standing with its resident state may act as an adjuster and adjust a single loss in this state during a calendar year, or may act as an adjuster and adjust losses arising out of a catastrophe as declared by the director…” The exemption from adjuster licensing can only be granted to those who are licensed as independent adjusters in their home states. Adjuster designated home state licenses cannot be accepted as a basis for licensure by reciprocity. Exempt independent adjuster registrations will be initially issued for a 90-day period starting from the effective date of this bulletin. The Director reserves the right to extend the expiration date of the exemption period to ensure that the needs of Alaskan consumers are being met during the declared catastrophe. An individual applying for an independent adjuster license must be licensed and in good standing in their home state for Alaska to issue the license on a reciprocal basis. Otherwise, that individual must take and pass the Alaska Adjuster license examination. A person wishing to apply for an independent adjuster license, or for the exempt independent adjuster registration, may do so at NIPR.com. Any individual or firm with an exempt independent adjuster registration wishing to remain licensed in this state without interruption may apply for an independent adjuster license prior to their granted exemption’s expiration date. An individual or firm may not handle more than a single loss claim in Alaska unless licensed as an independent adjuster or having been granted an approved exemption from licensure. B 25-02 Independent Adjuster License Exemption Applications January 13, 2025 Page 2 of 2 If you have questions regarding this bulletin, please contact the Kayla Erickson, via email at kayla.erickson@alaska.gov or via phone at 907-465-2545. Dated January 13, 2025. ________________________ Lori Wing-Heier Director of Insurance