Forum Title: Thrown under the TDI bus! LOL
There has been a lot of bloviating about the new Texas insurance law (House Bill 1183 became law last year), regarding insurance adjusters and contractors. To be blunt, the bill was focused on reducing fraud, especI'lly with public adjusters, (and yes, some dishonest roofers). Texas has been ground zero for insurance fraud, even our former state insurance commission Eleanor Kitzman stated, ?Texas has the highest rate of fraud in the roofing repair industry.? Many times both property owners and contractors look at an insurance claims as ?Winning the Lotto?. Anyone can read Subchapter F. Prohibited Conduct, sec. 4101 & 4102, but It's much easier to go the TDI website and under FAQ?s (as printed May 2014). 12. May a licensed insurance adjuster also be a roofing contractor or provide roofing services? Yes. However, the insurance adjuster may not adjust any losses relating to roofing damage on behalf of an insurer. See Texas Insurance Code Section 4101.251(a). 13. May a licensed public insurance adjuster also be a roofing contractor or provide roofing services? Yes. However, the public insurance adjuster may not directly or indirectly participate in the reconstruction, repair, or restoration of property that is the subject of a claim adjusted by the license holder. See Texas Insurance Code Section 4102.158 (a)(1). 14. May a roofing contractor act as an insurance adjuster or a public insurance adjuster or advertise to adjust claims? Anyone acting as an insurance adjuster or a public insurance adjuster or advertising to adjust claims must hold the appropriate license issued by TDI. However, even a licensed insurance adjuster or public insurance adjuster may not act as such if the individual is providing or may provide roofing services on the subject property. See Texas Insurance Code Sections 4101.251 (b) and 4102.163. Texas is just trying to reduce insurance fraud. Bottom Line: If you adjust a claim you Can't be the contractor on that claim. You can still be a roofing professional, sell roofs, siding, shingles or even solar roof pumps! I hope this helps and reduces the risk of anyone being mistakenly thrown under a bus.
Post By: ROSA CHAPMAN (West Haven, CT), 02/22/2018