23 CAR § 28-102
23 CAR § 28-102. Scope
Length: 255 wordsOfficial source
(a) This part shall apply to all applicants for license as a limited adjuster on and after the effective date of this part.
(b) Exemptions. This part shall not be applicable to, and no limited adjuster license shall be required of:
(1) Third-party administrators registered with the State Insurance Department or exempted from the provisions of Arkansas Code § 23-92-201 et seq.;
(2) Valid ERISA-qualified or ERISA-exempt self-insured trusts, plans, METs, or MEWAs or their third-party administrators;
(3) Self-insured plans, policies, or contracts of the State of Arkansas or any of its political subdivisions, including:
(A) Counties;
(B) State agencies;
(C) Boards and commissions;
(D) Cities;
(E) Municipalities;
(F) School districts; and
(G) Improvement or other districts, including any administered by a local trade association or organization;
(4) Self-insured plans administered or regulated by or under the statutory jurisdiction of any other state agency, board, or commission or of the federal government;
(5) Public adjusters who represent insureds or claimants under insured/self-insured policies or contracts, including public adjusters licensed in another:
(A) State;
(B) Country; or
(C) Territory;
(6) Adjusters as independent contractors who are licensed by the commissioner to represent insurance companies or who are otherwise exempted from such licensure under Arkansas Code § 23-64-101 et seq., or other Arkansas laws;
(7) Attorneys at law and other licensed legal representatives of the insurance company, self-insured, insured, or claimant under a policy or contract; and
(8) Salaried and/or commissioned employees of insurers, HMOs, or other department licensees who adjust or settle claims for their employers.