The Texas Department of Insurance reminds all nonresident public insurance adjuster license holders that Insurance Code §4102.114 requires them to annually submit an affidavit on a form prescribed by TDI certifying that the licensee is familiar with and understands:
- the laws specified in Insurance Code §4102.057(b);
- the applicable rules adopted under those laws; and
- the terms and conditions of the types of insurance contracts that provide coverage on real and personal property.
TDI rules at 28 TAC §19.709 require the licensee to annually submit the affidavit on their license anniversary date. TDI has a prescribed form that must be used to meet this license holder obligation. The form is located at www.tdi.texas.gov/forms/finagentlicense/fin508.pdf.
Submitting the affidavit is a condition of doing business in Texas and compliance with the filing requirement is necessary for the issuance, continuation, reinstatement, or renewal of a nonresident public insurance adjuster license.
If you have any questions regarding this bulletin, contact the Agent and Adjuster Licensing Office by phone at 512-676-6500 or by email at License@tdi.texas.gov.
Elijio Salas
Associate Commissioner
Licensing Services Section
Financial Regulation Division