Claims Adjuster license is being transitioned to specific license types: Company Adjuster, Independent Adjuster, and Public Adjuster.
Claims Adjuster applicants (active or inactive) must reinstate through the Non-Resident Licensing (NRL) application to obtain one of the new license classes upon renewal.
Company Adjuster, Public Adjuster and Independent Adjuster applicants with an inactive Claims Adjuster license 31 day to one year past expiration must pay a reinstatement fee of $50.00.
Applicant's national producer number (NPN) must match current PDB record for business entities, if applicable.
Applicant's Tax ID must match current PDB record for resident state. If not supplied in PDB, any Tax ID will be accepted.
Public, Independent, and Company Adjuster licenses cannot be held simultaneously.
Business entity applicants applying for Surplus Line Broker must hold an active Property & Casualty Insurance Producer license on the PDB prior to applying.
Electronic applications will only be issued for a two (2) year license term.
Applicants must have an active producer license in their own resident state.
Applicant must provide a valid business email address.
Rhode Island will allow reinstatements of a license if:
- Status is not active with an expired status reason.
- Expiration date is greater than thirty (30) days and less than three hundred and sixty-five (365) days.
- Reinstatement must be processed through Non-Resident Renewal (NRR) Application.
At least one (1) Designated Responsible Licensed Producer (DRLP) must be provided on the application and have an active resident or non-resident license in Rhode Island.
DRLP not required for Third Party Administrator Certificate of Authority, Third Party Administrator Registered or Third Party Administrator Waiver Certificate license classes.
DRLPs are not required to cumulatively cover the lines of authority (LOAs) on the business application.
Surplus Line Broker applicants must hold a Property & Casualty Insurance Producer license. They must also obtain a bond in the amount of $25,000 and email bond certificate to the Rhode Island Department of Business Regulation.
Applicants that apply for reinsurance intermediary broker and reinsurance intermediary manager must select both single lines of casualty and property or both single lines of life and accident and health or sickness.
All applications for the Third Party Administrator Certificate of Authority, Third Party Administrator Registered, and Third Party Administrator Waiver Certificate must provide annual report form and annual filing fee to Rhode Island Department of Business Regulation, Insurance Division.
Third Party Administrator Certificate of Authority and Third Party Administrator Registered licenses cannot be applied for or held simultaneously.
Third Party Administrator Waiver Certificate and Third Party Administrator Registered licenses cannot be applied for or held simultaneously.
Rhode Island only allows amendments to a license if license is active and not expired.
If applicant responds "yes" to one of the background questions please submit supporting documents electronically via NIPR's Attachments Warehouse . The documents may also be submitted to the state via mail, email, or fax.
Definitions of Adjusters:
- Company Adjuster - An insurance adjuster who is an employee of an insurance company.
- Independent Adjuster - An insurance adjuster who is hired on a contract basis by an insurance company to represent the insurance company's interest in the settlement of the claim.
- Public Adjuster - Any person who, for compensation or any other thing of value on behalf of the insured:
- Acts or aids, solely in relation to first party claims arising under insurance contracts, other than automobile, life, accident & health, that insure the real or personal property of the insured, on behalf of an insured in negotiating for, or effecting the settlement of, a claim for loss or damage covered by an insurance contract;
- Advertises for employment as an public adjuster of insurance claims or solicits business or represents himself or herself to the public as an public adjuster of first party insurance claims for losses or damages arising out of policies of insurance that insure real or personal property; or
- Directly or indirectly solicits business, investigates or adjusts losses, or advises an insured about first party claims for losses or damages arising out of policies of insurance that insure real or personal property for another person engaged in the business of adjusting losses or damages covered by an insurance policy, for the insured.