[vc_row][vc_column][vc_custom_heading text=”Will Public Adjusters Thrive Amidst the 15% Fee Cap Proposal by NAIC?” font_container=”tag:h2|text_align:center” google_fonts=”font_family:Open%20Sans%20Condensed%3A300%2C300italic%2C700|font_style:700%20bold%20regular%3A700%3Anormal”][ultimate_spacer height=”30″][/vc_column][/vc_row][vc_row][vc_column][vc_video link=”https://youtu.be/0yfThs3Wan0?si=ObJ8d8uyUclMRbOG”][vc_btn title=”SUBSCRIBE TO OUR YOUTUBE CHANNEL >” shape=”round” color=”primary” size=”lg” align=”center” css_animation=”none” button_block=”true” link=”url:https%3A%2F%2Fwww.youtube.com%2Fchannel%2FUCnL7u1fPYx6FNCkCRFtlvFw%3Fsub_confirmation%3D1|title:Commercial%20Claims%20Show%20-%20Youtube%20Subscribe||”][ultimate_spacer height=”30″][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
Will Public Adjusters Survive the Threatening 15% Fee Cap Proposed by NAIC?
Explore the NAIC’s game-changing plan and its potential fallout on public adjusters’ livelihoods!
Attention Public Adjusters! In this special edition of the Commercial Claim Show, we’re delving into a blog article by Anthony Diulio, an attorney at Wheeler Diulio and Barnabe, tackling a significant concern for the public adjusting community.
This week’s episode of the Commercial Claims Show is brought to you by Black Diamond Housing Services, The Farber Law Firm, Iink, and Noble Tax Strategies.
The National Association of Insurance Commissioners (NAIC) and the National Coalition of Insurance Regulators are pushing for a nationwide bill to cap public adjuster fees at 15%. The twist? This cap kicks in only after the contract is signed. Join us as we break down what this proposal means and its potential impact on public adjusters, homeowners, and the industry as a whole.
Key Points Covered:
- How the 15% fee cap proposal lines up with the NAIC and NAPIA.
- The effect on public adjusting firms, especially those handling smaller claims.
- Stats showing that 92% of insurance claims are under $25,000.
- Possible outcomes of homeowners lacking professional representation for smaller losses.
- Arguments against the fixed fee cap and the need for reasonable fee regulation.
Are you a public adjuster, insurance pro, or homeowner? Share your thoughts in the comments! Do you support or oppose the proposed 15% fee cap? Let’s chat about the future of public adjusting and its potential impact on the industry.
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#PublicAdjusting #InsuranceTalk #FeeCapDebate
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👉 Shoutout to our partners 👈
► Black Diamond Housing Services – https://housing.blackdiamondservices.com/
► Noble Tax Strategies & Wealth Planning – https://noblewealthplanning.com/
► The Farber Law Firm – https://thefarberlawfirm.com/
► iink: https://iink.com/
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