Title: Catastrophe Adjuster Registration
Alternate Title: Adjuster Registration
Description: A catastrophe adjuster (“cat adjuster”) is an unlicensed individual who is hired by an insurance company to adjust claims after an emergency (usually a natural disaster) creates so many insured losses that the insurer’s staff adjusters and the available independent adjusters cannot adjust all of the associated claims in a reasonable amount of time. Under Minnesota law, a catastrophe adjuster is defined indirectly as a “person who is otherwise qualified to adjust claims, but not already licensed in Minnesota,” who “may act as an emergency independent adjuster and adjust claims” when “due to a specific, infrequent, and sudden natural or man-made disaster or phenomenon, there have arisen losses to property in Minnesota that are covered by insurance, and the losses are so numerous and severe that resolution of claims related to such covered property losses will not occur expeditiously without the licensing of emergency independent adjusters due to the magnitude of the catastrophic damage.” Minnesota Department of Commerce
Subject: Adjuster
Insurance
Insurance Professionals
Creation Date: 9/11/2008 2:11:34 PM
Modification Date: 8/14/2024 5:12:10 PM
Agency Name: Commerce, Minnesota Department of
Agency URL: https://mn.gov/commerce/
Agency Description:
The Minnesota Department of Commerce is the chief regulator for the banking, energy, insurance, real estate, securities, telecommunications industries and also operates Minnesota's Unclaimed Property.
Agency Phone: 651-539-1500
Agency Fax: Agency URL: https://mn.gov/commerce/
Agency Address:
85 7th Place East, Suite 500
St. Paul
MN
55101
Unit Name: Licensing Unit
Unit URL:
Unit Description:
Unit Phone: 651-539-1599
800-420-5644 - Sircon
Unit Fax: Contact person(s): licensing.commerce@state.mn.us
Unit URL:
Audience:
Application URL: https://www.sircon.com/landingPages/states/minnesota/content.jsp
Renewal URL: https://www.sircon.com/landingPages/states/minnesota/content.jsp
Versa URL:
Requirements:
Review:
Adjusters
Catastrophe
Residents
Complete the Catastrophe Adjuster Registration application online at Sircon
See Minn. Stat. § 72B.06 for the definition of catastrophe.
Rules:
Statutes: 72B
Forms:
Complete the Catastrophe Adjuster Registration application online at Sircon
Fees:
Catastrophe Adjuster - $20
Period of Issuance:
Catastrophe Adjuster: Maximum 180 days; may be extended for 180 days.
Length of Determination: 1 - 2 weeks.
Other Info:
Activity: Insurance
Adjuster
License Detail URL:
Adjusters
Insurance
