Beginning January 1, 2023, public adjusters in California, and different insurance coverage professionals required to be licensed within the state, should embrace their license numbers on emails involving “an activity for which a license is required.” This will permit shoppers to simply verify that the consultant they’re coping with maintains an lively license with the California Department of Insurance.
Senate Bill 1242 included this addition, including subsection (c) to California Insurance Code 1725.5. Along with public adjusters, the requirement additionally applies to:
- Variable life and variable annuity
- Accident and well being or illness brokers
- Limited strains vehicle insurance coverage brokers
- Independent insurance coverage adjusters
- Life and incapacity insurance coverage analysts
A duplicate of this record and FAQs in regards to the new requirement will also be present in a CDI Notice revealed December 22, 2022, linked right here.
The code part does present particular necessities, so remember to verify that your e-mail signature conforms with the next:
- Font – The license quantity have to be in a sort dimension that’s no smaller than the largest of any avenue deal with, e-mail deal with, or phone variety of the licensee, e.g., in case your phone quantity is in 12-pt font and your e-mail deal with is in 10-pt font, your license quantity have to be no smaller than 12-pt font.
- Location – The license variety of a person licensee shall seem adjoining to or on the road beneath the person’s title or title. The license variety of an organizational licensee shall seem adjoining to or on the road beneath the group’s title.
- Applicable Emails – a license quantity have to be listed on each e-mail that entails an exercise for which an individual should maintain one of many above-listed licenses. This signifies that clerical actions that don’t require licensure are exempt from the requirement. However, setting a signature block and together with your license quantity on each e-mail will keep away from the headache of characterizing what emails include exercise for which you have to maintain a license.
An individual in violation could also be topic to a tremendous by the commissioner within the quantity of $200 for the primary offense, $500 for the second offense, and $1,000 for the third and subsequent offenses.
For extra info largely associated to the interaction between people and group licenses, I encourage you to learn the CDI Notice linked above.
For the entire textual content of code part 1725.5(c), see beneath:
An individual licensed beneath Section 1625, 1625.5, 1625.55, 1626, 1758.1, 1765, 14020, or 15006, or Chapter 8 (commencing with Section 1831), shall embrace the particular person’s license quantity within the emails the particular person sends that contain an exercise for which a license is required. An individual’s license quantity shall be in a sort dimension that’s no smaller than the most important of any phone quantity, avenue deal with, or e-mail deal with of the particular person included within the e-mail. The license variety of a person licensee shall seem adjoining to or on the road beneath the person’s title or title. The license variety of an organizational licensee shall seem adjoining to or on the road beneath the group’s title.