Which individual is not required to obtain an adjuster's license in New York?

Prepare for the New York State Auto Damage and Theft Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

In New York, certain individuals are exempt from the requirement to obtain an adjuster's license due to their professional qualifications or roles within the insurance industry. A licensed New York attorney is one such individual. Attorneys can handle various aspects of insurance claims, including negotiating settlements and advising clients on legal matters related to insurance, without needing a separate adjuster's license.

Similarly, officers of an authorized insurer, who typically hold significant management positions within the insurance company, are also not required to have an adjuster's license. Their responsibilities generally involve overseeing operations and policy compliance rather than adjusting individual claims themselves.

The notion that none of these individuals are required to hold an adjuster license encompasses both licensed agents who adjust losses for compensation and the other listed roles. This is consistent with the regulatory framework in New York that recognizes certain professional qualifications and positions as sufficient for conducting specific tasks related to insurance without the additional licensing barrier of an adjuster's license.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy